Music Games - Lithuania
Lithuania- The Music Games market in Lithuania is expected to generate a total revenue of US$160.80k in 2022.
- This projection indicates that the market is on track for growth, with an annual growth rate (CAGR 2022-2027) of 8.73%.
- By 2027, the market volume is projected to reach US$256.60k.
- Within the Music Games market, in-app purchase (IAP) revenue is projected to reach US$26.04k in 2022, while paid app revenue is expected to reach US$10.34k in the same year.
- Additionally, advertising revenue in the Music Games market is projected to reach US$124.40k in 2022.
- The number of downloads in the Music Games market is expected to reach 1.33m downloads in 2022.
- Currently, the average revenue per download is estimated to be US$0.12.
- When compared globally, it is noteworthy that China generates the highest revenue in the Music Games market, with a projected revenue of US$1.36bn in 2022.
- Key regions:
- South Korea,
- United States,
- Europe,
- India,
- China
Definition:
Music game apps are games with a musical theme that do not necessarily require users to play or create music. For example, the popular Magic Tiles app involves rapidly pressing a series of cascading tiles that fall in sync with a popular song. The app Incredibox allows one to create different kinds of music by dragging and dropping icons on a group of avatars.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).
