A report from the Sensor Tower showed that the “App Store” achieved double what the Google Play Store achieved during the third quarter of this year 2020; With total global revenue of $ 19 billion.
According to the report, the App Store’s revenue increased by 31% annually, from consumer spending on in-app purchases, subscriptions, and app purchases. Compared to Google Play, the latter’s revenues grew by 34% during the third quarter of the year, totaling $ 10.3 billion.
As usual, the majority of global revenues came from the Apple Store without achieving a significant increase in the number of applications installed; As the installation increased by 2.5%; Scaling 8.2 installation process.
In contrast, competitor Google Play achieved a 31% increase in app installs in the same period, with 28.3 billion operations. However, the scale of revenue generation has always been with Apple, which has a strong fundraising platform as we can see!
According to the Sensor Tower report, the global pandemic crisis continues to have a clear positive impact on the global app market. Where this happy effect was noticed on app store owners for the first time last July.
Speaking of applications, Tik Tok was the highest-earning social application during the third quarter of the year, followed by YouTube in second place, then Tinder and Tencent Video, and Disney + fifth.
As for games, it also witnessed a rise during the third quarter, with revenues of $ 20.6 billion, with a proportion of 26.7% of total consumer spending on apps. As games revenue in the App Store accounted for $ 12.4 billion of the total, while Google Play earned $ 8.5 billion.