In 2021, Apple And Google App Stores Will Be Worth $133 Billion.

In 2021, Apple and Google app stores will be worth $133 billion.

New Delhi, Dec 8, 2018 : The global consumer spending in Apple App Store and Google Play Store will reach $133 billion by 2021.This is a 19.7 percent increase (on-year), from $111.1 billion in 2020.
Globally, Apple App Store consumer spending will increase 17.7 percent to $85.1 billion from $72.3 billion in 2020.

 In 2021, Apple And Google App Stores Will Be Worth $133 Billion.-TeluguStop.com

Despite the fact that Google Play users have spent less, it will see more year-on–year growth.According to Sensor Tower data, the platform’s market intelligence and analytics for mobile apps, this will increase 23.5 percent to $47.9 Billion from $38.8 Billion.

“The spending of the two platforms remains the same as 2020, with the App store seeing approximately 1.8 times as revenue as Google’s market,” stated Stephanie Chan, mobile insights strategist.

TikTok will continue to be the non-game app with the highest revenue across both iOS and Android.

This year, the lifetime revenue of ByteDance’s short video platform surpassed $3 billion.The app generated $2 billion in revenue during the first 11 months of 2021, an increase of 67% over the $1.2 billion it earned last year.

Sensor Tower predicts that by the end of 2018, the app will have $2.3 billion in spending.This brings its lifetime total to $3.8 million.

TikTok has been downloaded 745.9 millions times across both the App Store and Google Play.

Facebook is the most popular social media platform on Google Play with 500.9 million installs.

Google One continues to be the most successful Android device in 2021.

The app will be worth $1 billion by 2021, an increase of 123 percent from $448.5 million in 2020.

The first-time installs are relatively flat compared to 2020.They have grown 0.5 percent across Google Play and App Store to 143.6 billion by 2021, from 142.9 billions in 2020.

Chan stated that this is primarily due to app adoption on Google Play which will see installs rise 2.6 percent to 111.3 billion from 108.5 million; Apple’s market place will generate approximately 32.3 billion installs in 2013, down 6.1 percent from 34.4 billion.

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Disclaimer : TeluguStop.com Editorial Team not involved in creation of this article & holds no responsibility for its content..This Article is Provided by IANS, Please contact IANS if any issues in Article .


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