Saturday, April 20, 2024
News

Record 218 bn app downloads in 2020, consumer spend hits $143 bn

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Thursday, 2021 1:15:06 AM IST
Mobile app downloads on both Google and Apple stores grew by 7 per cent year-over-year to a record 218 billion in 2020, as consumer spending on apps also went up by 20 per cent to reach $143 billion, according to a new report.

Consumers also spent 3.5 trillion minutes using apps on Android devices alone, said analytics firm App Annie's annual 'State of Mobile' industry report.

"Even with people staying at home across the world, we saw an acceleration of mobile usage habits by 2 to 3 years - strengthening mobile's role as the most crucial instrument for engaging customers and growing your top line," the report mentioned.

The consumer spending was led by markets that included China, the US, Japan, South Korea and the UK, reports TechCrunch.

"The increase in time spent is a trend that's not unique to the U.S., but can be seen across several other countries, including both developing mobile markets like Indonesia, Brazil and India," the report said.

Mobile gaming adoption also grew in 2020. 'Among Us' became a breakout game in several markets in 2020, including the US.

TikTok saw incredible 325 per cent year-over-year growth, despite a ban in India.

Consumers spent 40 per cent more hours streaming on mobile devices, with time spent in streaming apps peaking in the second quarter in the west as the pandemic forced people inside.

YouTube became the No 1 streaming app by time spent among all markets, except China. The time spent on YouTube was up 6 times.

Apps like Zoom and Google Meet grew 275 per cent in Q4 2020, as remote work and learning continued.

--IANS na/

( 288 Words)

2021-01-13-19:02:04 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE SCIENCE NEWS
Study reveals novel therapeutic target f...
Study finds how liver inflammation assoc...
Study finds common complication of atria...
Researchers discover how complexities in...
Study finds how adding chemotherapy to h...
Study finds biodiversity is key to bette...
More...
 
INDIA WORLD ASIA
Delhi HC reserves order on CM Kejriwal's...
UP: Fire breaks out at warehouse in Ghaz...
'No guts to throw a stone in Kashmir': A...
Lok Sabha polls Phase 1: Estimated turno...
Three held in firing incident in Manipur...
Lok Sabha polls Phase 1: West Uttar Prad...
More...    
 
 Top Stories
14-member cabinet takes oath in Pak... 
"Opening stand changed the game for... 
UP: 4 killed, several injured after... 
Mumtaz attends party in Pakistan, p... 
Mumbai Customs seize gold worth Rs ... 
Noida International Airport conduct... 
"PM Modi running 'school of corrupt... 
75.95 pc of voters in Assam cast th...