According to the report, the App Store’s revenue increased by 31% annually, from consumer spending on in-app purchases, subscriptions, and app purchases. Compared to Google Play, the latter’s revenues grew by 34% during the third quarter of the year, totaling $ 10.3 billion.
As usual, the majority of global revenues came from the Apple Store without achieving a significant increase in the number of applications installed; As the installation increased by 2.5%; Scaling 8.2 installation process.
On the other hand, competitor Google Play achieved an increase in app installs of 31% in the same period, with a total of 28.3 billion operations. However, the scale of revenue generation has always been with Apple, which has a strong fundraising platform as we can see!
According to the Sensor Tower report, the global pandemic crisis continues to have a clear positive impact on the global app market. Where this happy effect was noticed on app store owners for the first time last July.
Speaking of applications, Tik Tok was the highest-earning social application in the third quarter of the year, followed by YouTube in second place, then Tinder and Tencent Video, and Disney + fifth.
As for games, it also witnessed a rise during the third quarter, with revenues of $ 20.6 billion, with a proportion of 26.7% of total consumer spending on apps. Where the games revenue in the App Store was $ 12.4 billion of the total, while Google Play earned $ 8.5 billion.
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The Apple App Store system witnessed commercial transactions of about 519 billion dollars in 2019
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