Top 5 Music and Audio Apps Performance in Latin America, Q3 2024

During the third quarter of 2024, the top five music and audio applications on a unified platform in Latin America showed diverse trends in downloads, revenue, and active user engagement. According to data from Sensor Tower, these apps have demonstrated varied performances, each capturing a unique aspect of the market.

Spotify: Music and Podcasts consistently dominated the market with substantial weekly downloads, peaking at approximately 1.55M in the week of September 9. The app's weekly revenue also saw a gradual increase, reaching around $214K by the end of August. Active users remained robust throughout the quarter, with a slight increase toward the end, peaking at 97M in the final week of September.

Amazon Music: Songs & Podcasts experienced a fluctuating trend in downloads, starting at 146K in early July and rising to 164K by the end of September. Revenue remained relatively stable, fluctuating around $66K, with a slight increase in the last week of September. Active users showed a noticeable increase toward the end of the quarter, reaching 1.64M.

Deezer: Music & Podcast Player showed a decline in downloads over the quarter, starting at 72K and decreasing to 63K by the end of September. Revenue remained steady, with a slight upward trend, peaking at $131K in the final week. Active users showed a gradual decline, ending the quarter at 4.3M.

Moises: The Musician's AI App saw an increase in downloads mid-quarter, peaking at 90K in early August. Revenue displayed a gradual increase, reaching $47K by late September. Active users fluctuated slightly, maintaining around 240K toward the quarter's end.

Apple Music experienced a notable spike in downloads in mid-August, reaching 149K, followed by a decline. Revenue remained stable, slightly increasing to $24K by the end of September. Active users saw a significant rise in August, peaking at 611K, and maintained a steady presence through the end of the quarter.

These insights highlight the dynamic nature of the music and audio app market in Latin America, with each app showing unique strengths in different metrics. For more detailed insights, visit Sensor Tower.