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AI Insights · Timothy · October 2024

Top 5 Music and Audio Apps in Europe: Q3 2024 Performance Overview

Discover the latest trends in downloads, revenue, and active users for Europe's leading music and audio apps in Q3 2024.

Top 5 Music and Audio Apps in Europe: Q3 2024 Performance Overview

In the third quarter of 2024, the top five music and audio applications on a unified platform in Europe showcased varied performance trends in terms of downloads, revenue, and active user engagement, as reported by Sensor Tower.

Spotify: Music and Podcasts from Spotify AB maintained a consistent level of weekly revenue, starting at approximately $1.3M in early July and reaching around $1.5M by the end of September. Downloads saw a gradual decline, beginning at 676K and tapering off to about 649K towards the quarter's end. Active user numbers remained robust, with a slight increase from 109.5M to 110.1M over the same period.

Music Player & MP3 - DDMusic from Hitchhike Tech experienced fluctuating download numbers, peaking at 306K in early September before settling at 248K by the end of the month. The app's weekly active users showed a positive trend, rising from 613K to 774K through the quarter.

Shazam: Find Music & Concerts by Apple Inc. showed a steady pattern in weekly downloads, maintaining levels around 400K throughout the quarter. Revenue remained modest, with minor fluctuations around the $200 mark, while active users saw a slight decline from 28.6M to 27M.

LMR - Copyleft Music by Lyubomir Hristov observed a decrease in downloads from 244K to 137K, yet the app's revenue remained relatively stable, hovering around $1.7K. Active users experienced a consistent increase, climbing from 11.3M to 11.3M by the quarter's end.

StarMaker: Sing Karaoke Songs from SKYWORK AI PTE. LTD. noted a notable revenue peak at $90K in the last week of September. Downloads initially dipped but rebounded to 161K by the quarter's close, while active users exhibited fluctuations, ending the quarter at approximately 701K.

The data from Sensor Tower provides a comprehensive view of the shifting dynamics in Europe's music and audio app market for Q3 2024. For more in-depth insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024