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I have 5 competing apps with low download numbers

I've decided to join the indie hacker club and I started working on my first idea which I will launch by end of the year. I decided to check and see if I'll have some competition and I searched the app stores. I found 5 apps. 3 with 500+ installs, 1 with 100+ installs, another with 5000+ The oldest being released around 2014 and the most recent in 2018.

How would you interpret this?

on September 2, 2019
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    This comment was deleted 7 years ago

    1. 1

      Most of the time, it's (1).

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      My thought process is 2 and 3.

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        This comment was deleted 7 years ago

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          If no one uses the product. I'm going to use it. I'm building it for me. :-)

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            Then here you go. You got your reason :D