Worldwide consumer spending on Apple's App Store and Google Play reached $65 billion in the first half of 2022, up 1% year-over-year from $64.4 billion in H1 2021.
Growth slowed due to normalization after pandemic highs and global economic downturn.
Apple's App Store saw $43.7 billion (up 5.6%), while Google Play fell 7.4% to $21.3 billion.
Mobile game spending declined 6.6% to $41.2 billion, with Honor of Kings and PUBG Mobile top grossing.
TikTok remained the highest-grossing non-game app with $1.7 billion.
App downloads dropped 1.5% to 71.2 billion installations, with TikTok leading at 373 million installs.
Google Play saw a 1.3% decline in installs, while Apple's App Store fell 2.5%.
Gaming marketers face fierce competition, privacy changes, and high user expectations. Key metrics include CPI, LTV, ROAS, and retention. Creative formats like rewarded videos and playable ads drive engagement. SKAdNetwork requires strategic conversion value mapping. Granular measurement underpins success.
By 2026, global consumer spending on apps will reach $233 billion, up 77% from 2021, driven by a 12% CAGR. App Store growth outpaces Google Play, with the US leading at $86 billion. First-time downloads hit 181 billion at 4.7% CAGR, though US growth slows. Non-game apps gain share, especially Entertainment on iOS. Asia leads in downloads, India reaching 40.2 billion. Opportunities in Business and Medical apps persist post-pandemic.
Subscription app revenue surged in 2021, with App Store up 33% and Google Play up 78%. Key challenges include user loyalty, conversion, and privacy. Deep measurement via in-app events, deep linking, and predictive analytics is crucial for UA and re-engagement.
App conversions measure user actions like purchases or sign-ups. Key types include app store, install-to-event, and install-to-purchase conversions. Optimize via ASO, UX, A/B testing, and seamless checkout to boost rates.
TikTokTikTok offers limited-time ad credits up to $1500 plus expert support. The article shares best practices for small businesses, including creative tips, audience targeting, and campaign optimization to boost ad performance.
TikTokTikTok For Business offers limited-time ad credits: spend $100, $500, or $1500 to earn matching credits plus expert support. The page also lists latest announcements on innovative advertising, measurement tools, and new features for brands.
Mobile advertising uses paid channels on smartphones and tablets, offering hyper-targeting and cost-effectiveness but facing challenges like privacy changes and fraud. Key metrics include CPI, ROAS, and LTV. Effective strategies involve clear goals, audience definition, and mastering ATT prompts.
Mobile re-engagement strategies must adapt to Apple's ATT, which limits IDFA use. Marketers can use 1st-party data, segmented owned media, and incrementality measurement. Success requires diversification across paid, owned, and earned channels, plus optimized push notifications and timing of privacy prompts.
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