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In the third quarter of 2024, the Lebanese market saw varied performances among the top five music and audio applications on a unified platform, as reported by Sensor Tower.
Anghami: Play music & Podcasts from Anghami Technologies maintained a steady revenue stream throughout the quarter, culminating in a peak of approximately $1.8K in the last week of September. The app experienced a gradual decline in weekly downloads, starting from around 6.8K in early July and dropping to 2.9K by the end of September. Meanwhile, weekly active users fluctuated, with a noticeable high of 55.1K in late July and a low of 35.9K in the final week of the quarter.
StarMaker: Sing Karaoke Songs by SKYWORK AI PTE. LTD. saw a notable increase in revenue towards the end of the quarter, reaching $534. Downloads spiked dramatically to 3.4K in the first week of September before tapering off to 279 by the end of the month. The app's active users similarly peaked at 5.8K in early September, followed by a decrease to 2.3K by the quarter's close.
Spotify: Music and Podcasts from Spotify AB experienced consistent weekly downloads, maintaining a range between 2.1K and 2.3K throughout the quarter. Revenue remained relatively stable, with a slight increase to $99 in the last week of September. Active user numbers showed a downward trend, starting at 187.5K in July and decreasing to 166.1K by the end of September.
SoundCloud: Play Music & Songs demonstrated stable revenue figures, with a peak of $445 in mid-September. Downloads declined over the quarter, starting at 1.2K in early July and falling to 908 by the end of September. The app's active users fluctuated, with a high of 62.3K in late July and a closing figure of 55.9K in September.
Ultimate Guitar: Chords & Tabs from Ultimate Guitar USA LLC observed a revenue peak of $532 in early September. Weekly downloads remained low, ranging from 59 to 148 throughout the quarter. Active users showed slight variations, starting at 997 in July and ending at 918 in September.
These insights highlight the dynamic nature of the music and audio app market in Lebanon. For more detailed analytics and further insights, visit Sensor Tower.