According to a new report, the mobile app business will set even more milestones in 2022

According to a new report, the mobile app business will set even more milestones in 2022

Approximately $320,000 was going through app stores during 2021. You don’t think that’s enough? Well, that was the sum of money flowing through every minute, which is about 20% more than what was observed in 2020. The most popular apps in 2021 According to the report, the most downloaded app out of all (no surprises here) was TikTok. While 2020 was the year that TikTok saw one of its most significant increases in popularity, being the year the pandemic started and all, the app saw even more success in 2021.

The year is 2022, and we are about to enter our third year of living in a pandemic world. One of the most significant consequences of this reality is the extraordinary amount of time and money spent on mobile phones. App Annie has released a report that provides some insight on the subject. According to the survey, in the top mobile-first markets, the average time spent on mobile apps has increased to 4.8 hours per day. Time is money, as the saying goes, but it turns out that users are not only paying with their time, but also with their hard-earned money.

TikTok users reportedly have spent on average 90% more time in the app during 2021, compared to the previous year. It is predicted that this year, the social media colossus will go beyond 1.5 billion monthly active users. That’s like coming close to 20% of the world’s population! Another app that saw an amazing increase in popularity, according to the report, was none other than the streaming service giant we’ve grown inseparable from—YouTube. It ranked as the most downloaded streaming app in the world, closely followed by Netflix. Other interesting statistics regarding the 2021 app usage include as much as $116 billion spent on mobile games, increased usage of online shopping applications, and, of course, food delivery.

Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
MORNING BUSINESS REPORT: Student loan is not worth it, help with internet account, large wind farm News
Shreveport Councilman Asks State to Investigate City Finance Department | News
Nickelson included with his letter the statement Hebert made Monday during a news conference.  “Last month, the city’s interim chief financial officer ...
On Apple TV, FuboTV introduces new FanView widgets in addition to multi-view
On Apple TV, FuboTV introduces new FanView widgets in addition to multi-view
TENAA is the Chinese certification agency, and a listing of Samsung’s yet-unannounced Galaxy A53 has now revealed some key aspects of the phone. Judging by ...
What is COVID data telling us?  |  local news
What is COVID data telling us? | local news
Case counts trending down So what do scientists have to say about COVID cases, hospitalizations and our future with COVID? Cases appear to be trending down but ...
On Windows, you may now download games from the Play Store
On Windows, you may now download games from the Play Store
Play Store now lets you download games on Windows. In any case, the chances are that you don’t have that extra button on your Google Play store as the ...
SAP software group buys majority stake in American fintech Taulia
SAP software group buys majority stake in American fintech Taulia
While SAP did not disclose the deal price, SAP Chief Executive Officer Christian Klein said the value is less that $1 billion. Taulia had raised more than ...
Vitamin D supplementation linked to reduced autoimmune disease – Consumer Health News
Vitamin D supplementation linked to reduced autoimmune disease – Consumer Health News
Abstract/Full Text “Autoimmune diseases are common in older adults and negatively affect health and life expectancy,” Hahn said in a statement. “Until now, ...
Games from Google Stadia are now available on Android TV, Chromecast, and even more OLED TVs
Games from Google Stadia are now available on Android TV, Chromecast, and even more OLED TVs
Google Stadia has been thrown a lifeline, with support soon coming to a host of Android TV and Google TV devices, including the new Chromecast with Google TV ...
3 factors that helped teens stay mentally healthy during the pandemic – Consumer Health News
3 factors that helped teens stay mentally healthy during the pandemic – Consumer Health News
“This study helps us understand how modifiable lifestyle factors affect the mental health and well-being of adolescents, and it can inform the development of ...
Future Enterprises agrees to sell stake in insurance JV to Generali
Fed-linked swaps show rising odds of oversized March rally
The two-year Treasury yield jumped by more than 12 basis points to 1.14%, putting it on track for its biggest one-day advance since the Covid-related turmoil ...
Fresh Start Receives Certification for Its Grayson Health Clinic |  News
Fresh Start Receives Certification for Its Grayson Health Clinic | News
Visit freshstarthealth.com for more information. The KPCA produced a Grayson Fresh Start RHC video on YouTube. “They are always there for you, and they ...
Show next
We will be happy to hear your thoughts

Leave a reply

Compsmag - Latest News In Tech and Business
Logo