Consumers spent $40 billion on App Store in H1 2021: Report

Consumers globally spent $41.5 billion on the App Store in the first half of 2021, which is almost double that of the Google Play Store, a new study revealed.

According to data acquired by Finbold.com, the spending represents a growth of 22.05% from a similar period in 2020. App Store’s H1 2021 spending is almost double compared to $23.4 billion spent by Android consumers.

The Google Play spending represents a growth of 30% on a year-over-year basis. Cumulatively, spending on the two platforms recorded a growth of 24.8% YoY, hitting a total of $64.9 billion.

Short video sharing platform TikTok extended its dominance into 2021, emerging as the most grossing app for the first half at $920 million, followed by YouTube at $564.7 million.