Mobile users spend over $350 million daily on games and apps in 2021

Written by Perjan Duro
Mobile users spend over $350 million daily on games and apps in 2021

Consumers continue to spend more on various mobile apps and games as the smartphone ecosystem expands. The spending on apps has mainly earned inspiration from the changing consumer behavior.

Therefore, users spend approximately $370 million daily, translating to $11 billion monthly on mobile apps and games in 2021.

The cumulative spend for 2021 represents a growth of 19.71% from last year's figure of $111.1 billion. In 2020, App Store spending stood at $72.3 billion, while Google Play was at $38.8 billion.

Data presented by Burga indicates that consumers globally are projected to spend $133 billion on mobile apps and games in 2021 for both Google Play and App Store. The App Store spend ranks the highest at $85.1 billion, while spending on Google Play apps and games is $47.9 billion.

Elsewhere, 2021 mobile apps and game downloads are expected to hit 143.6 billion. Google Play accounts for the highest figure at 111.3 billion, while the App Store is at 32.3 billion. The 2021 downloads represent a slight growth of 0.48% from the 142.9 billion recorded in 2020.

In 2020, Google Play dominated downloads at 108.5 billion while App Store stood at 34.4 billion. 

Shift to mobile inspires more app spending and downloads 

The report explains some of the drivers influencing mobile app spending and downloads. According to the research report:

"The spending and downloads also align with mobile devices' growing purpose in running businesses. As smartphone penetration continues to grow, most businesses leverage the devices to offer various services. Notably, businesses focusing on mobile are likely to stay ahead of the competition compared to peers. For instance, banking and investment services are occurring more via mobile apps, giving consumers the much-needed convenience."

Overall, app downloads and spending will likely surge further amid increasing smartphone and internet penetration. Furthermore, the changing consumer behavior will influence the metrics.

Articles you might like

• written by Perjan Duro

Americans lost a record $3.5bn to cybercrime in 2021 YTD

Regarding monetary damages - the FTC does not resolve the allegations, but it does disseminate the information to over 3,000 law enforcement agencies across the United States for further investigation. The analysis reveals that cybercrime damages sky-rocketed by 82.91%

• written by Perjan Duro

What's New In MoneyCoach 7.1?

We are back with a big new update for MoneyCoach. Here’s what’s new: ## Monterey Support We’ve updated the app to make the most out of the new things included with the macOS Monterey release. New designs, new icons,