Music - Peru
Peru- Total revenue in the Music market is projected to reach 0.00 in 2022.
- Total revenue is expected to show an annual growth rate (CAGR 2022-0) of 0.0, resulting in a projected market volume of 0.00 by 0.
- In-app purchase (IAP) revenue in the Music market is projected to reach 0.00 in 2022.
- Paid app revenue in the Music market is projected to reach US$688.00k in 2022.
- Advertising revenue in the Music market is projected to reach US$3.31m in 2022.
- The number of downloads in the Music market is projected to reach 33.10m downloads in 2022.
- The average revenue per download currently is expected to amount to US$0.17.
- A global comparison reveals that most revenue is generated 0.0 (0.0 in 2022).
Definition:
The Music market contains apps that enable users to listen to a wide variety of music and audio files. The most popular apps are Spotify and Pandora, music streaming services whose advanced recommender systems help users to discover new artists based on their current tastes and create unique music playlists. Meanwhile, through cutting-edge technology, the Shazam app is able to identify any piece of music, even in noisy environments. Apps that support the composition, performance, and/or recording of music also fall into this category.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
