AI Insights · Timothy · October 2024
Top 5 Photo and Video Apps in the Middle East: Q3 2024 Performance
Explore the performance trends of the leading Photo and Video apps on a unified platform in the Middle East during Q3 2024, featuring key metrics such as downloads, revenue, and active users.
In the third quarter of 2024, the Middle East saw significant activity within the Photo and Video app category on a unified platform. Here, we delve into the performance of the top five applications, highlighting their weekly downloads, revenue, and active user trends.
YouTube: Watch, Listen, Stream from Google experienced fluctuations in its weekly revenue, starting at approximately $1.1M in early July and peaking at $1.3M by the end of September. Weekly downloads hovered around the 100K mark, with a notable peak of 118K in the first week of July. Meanwhile, weekly active users remained consistently high, maintaining a range around 36M throughout the quarter.
CapCut - Video Editor, published by Bytedance Pte. Ltd, showed a steady increase in weekly revenue, reaching around $109K in the final week of September. The app's downloads were robust, averaging over 200K per week, with a slight dip to 192K towards the end of the quarter. Active users fluctuated slightly, maintaining a level of approximately 3M throughout the period.
Instagram demonstrated a consistent pattern in weekly revenue, peaking at around $225K in late September. Downloads started strong at 287K in the first week of July but gradually declined to 252K by the last week of September. Active users remained stable, with figures consistently hovering around 24.5M.
Snapchat from Snap, Inc. revealed an upward trend in revenue, closing the quarter with a weekly revenue of approximately $982K. Downloads were relatively stable, with numbers ranging between 186K and 210K. The app maintained a strong base of active users, approximately around 25M, despite minor fluctuations.
Lastly, Canva: AI Photo & Video Editor showed a promising increase in both revenue and downloads. Weekly revenue surged to about $200K by the end of September, while downloads saw an impressive rise, reaching 138K in the same period. Active users also grew steadily, culminating in over 732K by the quarter's end.
These insights illustrate the dynamic landscape of the Photo and Video app category in the Middle East. For more in-depth analysis and data, visit Sensor Tower.
