AI Insights · Timothy · October 2024
Top 5 Music and Podcasts Apps in Sweden Q3 2024
Discover the performance trends of the top 5 music and podcasts apps on a unified platform in Sweden during the third quarter of 2024, based on data from Sensor Tower.
In the third quarter of 2024, the music and podcasts app market in Sweden saw notable trends across the top five applications, as reported by Sensor Tower.
Spotify - Music and Podcasts experienced a moderate fluctuation in weekly revenue, peaking at approximately $29.9K in late August. The app's weekly downloads showed a gradual increase, reaching around 10.4K by the end of September. Active users remained stable, fluctuating closely around 2.3M throughout the quarter.
Shazam: Find Music & Concerts saw a consistent decline in weekly downloads, starting at over 5.2K in early July and ending at 4.3K by late September. Meanwhile, active users showed a slight downward trend, settling at approximately 486K towards the end of the quarter.
SoundCloud: Discover New Music demonstrated a positive trajectory in weekly revenue, reaching a high of $36.1K in late September. However, weekly downloads decreased slightly over the quarter, ending at about 3.8K. Active users remained relatively stable, hovering around 590K.
Podme: Premium Podcast player showed a strong performance in weekly revenue, with a notable peak of $49.5K in late September. Downloads experienced a significant spike in mid-September, reaching over 7.3K by the end of the month. Active users also increased, ending the quarter at approximately 27K.
YouTube Music maintained steady revenue growth, peaking at $22.4K in late September. Weekly downloads remained relatively stable, although there was a slight decrease towards the end of the quarter, finishing at around 2K. Active users showed a consistent upward trend, culminating at nearly 497K by the end of September.
These insights provide a snapshot of the dynamic music and podcast app landscape in Sweden during Q3 2024. For more detailed analysis, visit Sensor Tower.