Record spending on apps
More than $100 billion spent on mobile apps during the pandemic
This is according to Sensor Tower Store Intelligence, the gross revenue is up 10% over this time last year and it is estimated that consumers will have downloaded 130 billion apps in 2020.
Consumers around the globe spent more than 407-million dollars on Christmas.
TiTtok was the top app in terms of consumer spending, generating $4.7 million dollars on the holiday.
Consumers spent more time on their mobile devices during the year of the pandemic, leading to record spending on mobile apps and games