App Store & Play Store Saw Record Breaking Growth in Q1 2022: App Annie - simonsmurge2001
The app market is exploding and yearly the growth is many times what Google and Apple saw in the previous one.
Reported to a recent report from app market data and insights company App Annie, Apple's App Store and the Google Play Computer storage saw record breaking growth in Q1 2022 as well. During the time period iOS and Android downloads recorded a growth of over 10 per centum twelvemonth-over-twelvemonth, reaching 27.5 million which is the highest fles to go out. Additionally, consumer spending on iOS and Google Play registered a growth of 22 percent year-over-year, reaching $18.4 billion which is as wel a record number.
The app download figure reported by App Annie is especially noteworthy as it single takes into account new downloads and doesn't let in updates or re-installs. The report also points out that the add together tax revenue generated by the platforms is much higher than the $18.4 billion image, as information technology just takes into account paid apps, in-app purchases, and subscriptions, while going out in-app advertising, the revenue generated away commerce pickings set up inside the app, or the revenue generated on third-party app stores.
The report adds that towards the end of Q1 2022, finished 6.2 billion apps were in stock across iOS and Android, with users spending nearly 3 hours every Day in apps while accessing close to 40 unique apps per month. Furthermore, iOS besides narrowed the downloads gap with Google Play, with the report stating:
"Q1 2022 was a best quarter for downloads happening Google Play and iOS. Google Play downloads exceeded 19.2 billion and iOS downloads exceeded 8.2 billion, respectively. After part over quarter, iOS narrowed the global downloads interruption with Google Play by 10 percentage points."
Category-wise, shopping apps sawing machine major twelvemonth-over-year growth in the fourth across both stores, while games were the major driver of downloads quarter concluded quarter across both app stores. iOS downloads saw a large year-over-year growth in the United States, Russia and Turkey, while Google Play downloads saw a large year-over-year growth in emerging markets like Republic of India, Indonesia and Federative Republic of Brazil.
Google Play also saw record growth in consumer spending, narrowing its spread with iOS by 10 percent quarter finished quarter. Consumer spending on Google Play grew 25 percent twelvemonth-over-year in Q1 2022, while iOS saw 20 percent twelvemonth-over-yr growth in the time historical period. However, iOS nonetheless maintained a sizeable lead over Google Play for global consumer spend, contempt the number of apps shrinkage on the App Store.
Source: https://beebom.com/app-store-play-store-growth/
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