App Store generates $19B in global revenue in Q3, says Sensor TowerThat's nearly $5B more than last year...
What you need to know
Apple's App Store generated $19B in revenue in Q3 of 2020.
That's according to the latest data from Sensor Tower.
That would signal growth of more than 30% year-on-year.
New data from Sensor Tower says that Apple's App store generated around $19B in revenue in Q3 of 2020, a 31% increase over the same period last year.
In a new report Sensor Tower states:
Worldwide consumer spending in mobile apps reached $29.3 billion and their installs climbed to 36.5 billion across Apple's App Store and Google Play in the third quarter, preliminary Sensor Tower Store Intelligence estimates show. Both of these metrics experienced significantly elevated year-over-year growth, as mobile users spent 32 percent more than the $22.2 billion generated in 3Q19 and installs grew by 23.3 percent from 29.6 billion in the year-ago quarter. In comparison, spending increased 24 percent between 3Q18 and 3Q19 and installs grew by 9 percent in...
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App Store generates $19B in global revenue in Q3, says Sensor Tower
