AI Insights · Timothy · October 2023
Top 5 Photo and Video Apps in Latin America Q3 2023
Discover the performance trends of the top 5 photo and video apps in Latin America during Q3 2023. From downloads to revenue, see how these apps fared on a unified platform.
The third quarter of 2023 saw significant activity in the photo and video app category in Latin America. Here’s a closer look at the performance trends of the top five apps: YouTube: Watch, Listen, Stream, Instagram, CapCut - Video Editor, Google Photos: Backup & Edit, and Remini - AI Photo Enhancer.
YouTube: Watch, Listen, Stream from Google experienced a consistent increase in weekly revenue, peaking at approximately $1.9M in the final week of September. Weekly downloads showed minor fluctuations, reaching around 685K in early September, while weekly active users remained remarkably stable, averaging around 305M throughout the quarter.
Instagram maintained a robust performance in terms of weekly downloads, consistently hovering around 2.5M. Weekly active users also demonstrated stability, with numbers slightly increasing to about 201M towards the end of September. However, its weekly revenue saw some fluctuations, starting at $617K at the end of June and dipping to around $283K by mid-September before recovering to $434K in the last week of the quarter.
CapCut - Video Editor from Bytedance Pte. Ltd saw a steady rise in weekly revenue, culminating in approximately $176K in the final week of September. Weekly downloads remained solid, peaking at around 2.1M in early July. The app also maintained a healthy number of weekly active users, ending the quarter with about 16.3M.
Google Photos: Backup & Edit recorded consistent weekly revenue, reaching around $215K by mid-September. The app’s weekly downloads showed a steady increase, peaking at approximately 471K in the week of September 18. Weekly active users remained strong, averaging around 93M, with a slight increase towards the end of the quarter.
Remini - AI Photo Enhancer from Bending Spoons Apps ApS had a notable spike in weekly revenue, reaching $860K in early July, before stabilizing around $185K by the end of September. Weekly downloads saw a peak of approximately 2.8M in early July, while weekly active users also spiked, peaking at around 4.3M in the same period before settling at about 1.6M by the end of the quarter.
For more detailed insights and data, visit Sensor Tower.
