AI Insights · Timothy · October 2024
Top 5 Social Apps on Unified Platform in Israel: Q3 2024
Discover the performance trends of the top social apps in Israel during Q3 2024, including insights into downloads, revenue, and active user metrics.
During the third quarter of 2024, the top social apps in Israel demonstrated varying performance trends across downloads, revenue, and active users, as captured by Sensor Tower's data.
TikTok from TikTok Pte. Ltd. showed a robust performance in revenue, peaking at approximately $359K in early August and maintaining a steady pace before a slight dip to $351K by the end of September. Weekly downloads started strong with over 37K in early July, hitting a high of about 41K mid-August, but gradually decreased to 24K by the quarter's end. Active users remained relatively stable, fluctuating around 4.5M, with a slight increase to 4.7M at the close of the quarter.
Instagram experienced moderate weekly revenue, with earnings fluctuating between $23K and $31K, peaking in late September. Downloads remained fairly consistent, averaging around 24K early in the quarter but tapering off to 19K by the end. Active users exhibited stability, hovering around the 4.6M mark, with a slight uptick to nearly 4.7M in the final week.
Facebook demonstrated modest revenue figures, with weekly earnings ranging from $5.3K to $8.8K, peaking at the end of September. Downloads remained stable, starting at 21K and ending at 15K. The app maintained a strong base of active users, consistently around 5M, with a slight decline observed towards the quarter's end.
Threads from Instagram saw no revenue but experienced a notable increase in downloads, from 20K in early July to over 32K in early September, before declining to 20K by the end of the quarter. Active users initially declined from 246K to 192K but rebounded to 210K by late September.
Finally, Me - Caller ID & Spam Blocker by NFO LTD had steady revenue, peaking at $32K in early July and stabilizing around $25K towards the quarter's end. Downloads saw a gradual decline from 9K to 6K. Active users fluctuated, peaking at 1.1M mid-quarter before falling to 978K at the end.
For more detailed insights into these trends, visit Sensor Tower.
