Gaming remained the most popular category in the market, with one billion gaming titles downloaded every week in this quarter
(For a quick snapshot of the top 5 tech stories, subscribe to our today’s Cash Newsletter. Click here to subscribe for free.)
According to data from app analytics firm App Annie, global consumer spending on apps on the Apple App Store and Google Play reached $ 32 billion in the first three months of 2021.
The smartphone app ecosystem saw tremendous growth last year, and last year saw a more than 20% increase in the weekly time spent on the app in the first three months.
Consumer spending is an app metric that includes spending on in-app purchases, subscriptions, and premium app downloads.
There has been a 40% increase in consumer spending compared to the same period last year. It is also said that $ 9 billion was spent on Q1 2020 to smartphone users in Q1 2021.
Also read In-app purchase prices reach new highs at record consumer spending
App downloads on both App Stores grew 10% to 31 billion in the quarter. Separately, spending on apps on iOS increased 40% year-over-year to $ 21 billion.
The short video app Tickcock and the social network Facebook were the top two apps for downloads in the March-ended quarter. YouTube and TikTok ranked the list in terms of global consumer spending, while Facebook and WhatsApp Messenger saw the most monthly active users.
The privacy-focused messaging app was the second fastest growing app of the quarter by signal download and monthly-active users, followed by rival app Telegram. According to App Annie, MX Takatak is an Indian short user-generated video content app, which is the fastest downloadable app.
Also read Dating apps grossed $ 3 billion in 2020, tops Tinder spending list
Gaming remained the most popular category in the market, with one billion gaming titles downloaded every week in this quarter. Total consumer spending on gaming is $ 22 billion, with iOS gamers spending about $ 13 billion. Join Clash 3D, among us and PUBG was the top game in terms of mobile downloads, consumer spending, and monthly active users.
According to App Annie, mobile gaming is set to reach $ 120 billion in consumer spending.
.
Leave a Reply