Global app revenue climbed 15% YoY in Q3 2021 to nearly $34bn

San Francisco: Worldwide consumer spending and first-time installs of mobile apps climbed to $33.6 billion and 35.7 billion, respectively, across Apple’s App Store and Google Play in the third quarter of 2021.

According to Sensor Tower Store Intelligence data, the mobile market has experienced continued lift during the ongoing pandemic, although year-over-year growth has slowed since the initial surge in adoption and spending in Q2 2020 at the onset of the Covid-19 pandemic.

This quarter, consumer spending climbed 15.1 per cent y/y from $29.2 billion in Q3 2020, about half of the 32 per cent y/y growth seen last year.