SensorTowerSensorTower

Mobile App Market Forecast 2030: Consumers Will Spend More Than $2T in Apps Between 2021-2030

By Jonathan Briskman·Apr 27, 2024·5 min read

Sensor Tower's Mobile App Market Forecast 2030 projects the app economy will generate $2.2 trillion in direct spending from 2021-2030, a 267% increase over the previous decade.
Downloads will reach nearly 2.9 trillion, a 123% rise.
In 2030 alone, $288 billion will be spent.
Non-game apps will account for 50.3% of consumer spend by 2030, up from 37% in 2023.
Entertainment apps like OTT and short video will double their spending share to 18%, driven by 120% growth.
Social and entertainment apps will collectively surpass 4.8 trillion hours in 2030.
Developing markets in Central America, South America, and Africa will see the fastest growth with CAGR of 12.0%, 10.9%, and 10.8%, respectively.
Mature markets (US, China, Japan, Korea) will still represent two-thirds of spending.

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