The mobile app industry is booming, with revenue expected to reach $935.2 billion by 2023 and games making up 66% of consumer spending in 2021. Global app revenue increased by 23% from 2020 to 2021, while the Google Play Store contributed $45 billion in app revenue during that same period. In-app purchases accounted for 48.2% of total global app revenues in 2020, and subscription-based apps generated approximately $13 billion that year – a 34% increase from 2019 figures. The APAC region is projected to generate over $600 billion in store revenue by 2025, while Europe’s annual mobile gaming market produced an impressive $1.2 billion last year alone. These are just some of the incredible statistics about App Revenue Statistics which will be discussed further below.
This statistic is a powerful indicator of the potential of mobile app revenue in the near future. It shows that the mobile app industry is growing rapidly and is expected to continue to do so in the coming years. This is an important statistic to consider when discussing app revenue statistics, as it provides a glimpse into the potential of the industry and the opportunities it presents.
In 2021, games made up 66% of consumer app spending and are anticipated to exceed $105 billion.
This statistic is a testament to the immense potential of the gaming industry in terms of app revenue. It shows that games are a major source of income for app developers, and that the industry is growing rapidly. This is an important point to consider when discussing app revenue statistics, as it highlights the importance of the gaming industry in the app economy.
App Revenue Statistics Overview
Tinder was the top-grossing non-gaming app worldwide in 2021, generating over $1.3 billion in annual revenue.
This statistic is a testament to the success of Tinder in the app market, demonstrating that it is a major player in the industry. It also serves as a reminder of the potential for app developers to generate significant revenue from their products. By highlighting this statistic, the blog post can provide readers with an insight into the lucrative nature of the app market and the potential for success that it offers.
In-app advertising spending is predicted to reach $201 billion in 2021.
This statistic is a testament to the immense potential of app revenue through in-app advertising. It shows that app developers have a lucrative opportunity to capitalize on the growing demand for in-app advertising, and that the market is only expected to expand further in the coming years. This is an important statistic for anyone interested in app revenue statistics, as it provides a glimpse into the future of the industry.
30% of total global app revenue in 2020 came from the United States.
This statistic is a testament to the immense power of the United States in the app economy. It shows that the US is a major player in the global app market, and that its influence is far-reaching. This statistic is an important reminder that the US is a major force in the app economy, and that app developers should take note of this when considering their strategies.
The Google Play Store contributed $45 billion in app revenue in 2021.
This statistic is a testament to the immense success of the Google Play Store in 2021. It highlights the incredible potential of the app market and the potential for app developers to generate significant revenue. It also serves as a reminder of the importance of staying up-to-date with the latest trends in the app market and taking advantage of the opportunities available.
In 2021, the Apple App Store generated around one and a half times more revenue than Google Play.
This statistic is a testament to the success of the Apple App Store in comparison to Google Play. It highlights the fact that Apple’s platform is more lucrative for developers, and that it is the preferred choice for those looking to monetize their apps. This is an important point to consider when discussing app revenue statistics, as it provides insight into the current state of the market and the potential for future growth.
App revenue worldwide grew by 31% year-on-year in Q4 2020.
The fact that App revenue worldwide grew by 31% year-on-year in Q4 2020 is a testament to the power of the App economy. It shows that despite the economic downturn caused by the pandemic, the App industry is still thriving and growing. This statistic is a great example of how the App industry is continuing to be a major driver of economic growth and innovation. It is a great reminder of the potential of the App economy and the opportunities it presents for businesses and entrepreneurs.
In-app purchases accounted for 48.2% of app revenue in 2020.
The fact that in-app purchases accounted for 48.2% of app revenue in 2020 is a telling statistic that speaks volumes about the current state of the app industry. It shows that app developers are increasingly relying on in-app purchases to generate revenue, and that this strategy is proving to be successful. This statistic is an important one to consider when discussing app revenue statistics, as it provides insight into the current trends and strategies that are driving the industry.
Subscription-based apps generated approximately $13 billion in 2020, representing a 34% year-on-year increase.
This statistic is a testament to the success of subscription-based apps, highlighting the impressive 34% year-on-year increase in revenue. It is a clear indication that subscription-based apps are becoming increasingly popular and profitable, making them an attractive option for app developers and businesses. This statistic is an important piece of information for anyone interested in app revenue statistics, as it provides a valuable insight into the current state of the industry.
By the end of 2021, TikTok was set to surpass $1 billion in mobile ad revenue in the United States.
This statistic is a testament to the success of TikTok in the mobile ad revenue space. It shows that the app has been able to capture a large portion of the market and generate significant revenue in a relatively short period of time. This is an impressive feat and serves as an example of the potential for other apps to achieve similar success. As such, it is an important statistic to consider when discussing app revenue statistics.
The annual revenue of the mobile app industry in Europe is expected to grow from $23.5 billion in 2018 to approximately $40.6 billion by 2023.
This statistic is a clear indication of the potential of the mobile app industry in Europe. It shows that the industry is growing rapidly and is expected to reach a staggering $40.6 billion by 2023. This is a great opportunity for app developers and entrepreneurs to capitalize on the growth of the industry and make a profit. The blog post about App Revenue Statistics can provide valuable insights into the current and future trends of the industry, helping app developers and entrepreneurs make informed decisions.
In 2020, the French mobile gaming market produced $1.2 billion in annual revenue.
This statistic is a testament to the immense potential of the French mobile gaming market. It shows that the market is thriving and that there is a great opportunity for app developers to capitalize on the revenue it generates. This statistic is a valuable insight for anyone looking to understand the current state of the mobile gaming industry and the potential for app developers to make money.
Mobile app revenue in Germany is expected to reach over $5.5 billion by 2024.
This statistic is a testament to the immense potential of the mobile app industry in Germany. It shows that the market is growing rapidly and is expected to reach a staggering $5.5 billion by 2024. This is a great opportunity for app developers and entrepreneurs to capitalize on the booming industry and make a profit. It also serves as a reminder that the mobile app industry is a lucrative one and should not be overlooked.
Conclusion
The mobile app industry is a rapidly growing sector, with global revenue expected to reach $935.2 billion by 2023 and in-app advertising spending predicted to exceed $201 billion in 2021. Games make up the majority of consumer app spending at 66%, while Tinder was the top-grossing non-gaming app worldwide in 2021, generating over $1.3 billion annually. In 2020, 30% of total global app revenue came from the United States alone and Google Play Store contributed an estimated $45 billion that same year. The Apple App Store generated around one and a half times more than its competitor as well as 31% growth year on year for Q4 2020 globally; however, subscription based apps saw even greater success with 34% YoY increase resulting in approximately 13$Bn annual income for 2020 alone.
In terms of regional performance APAC (Asia Pacific) region is set to lead all other regions combined reaching 600$Bn mark by 2025 driven mainly by gaming revenues whereas Europe will see steady growth from 23$Bn 2018 numbers towards 40$Bn+ 2024 figures due largely thanks France’s 1.$2 BN market size & Germany’s 5.$5BN projected value respectively . All these facts point out that Mobile Apps are here to stay & their future looks very bright indeed.
References
0. – https://www.finaria.it
1. – https://www.sensortower.com
2. – https://www.fortunebusinessinsights.com
3. – https://www.techcrunch.com
4. – https://www.newzoo.com
5. – https://www.androidheadlines.com
6. – https://www.emarketer.com
7. – https://www.statista.com
8. – https://www.appsflyer.com
ZipDo, cited June 2023: App Revenue Statistics
