Mobile App Trends

  1. By the year 2020 –
    1. Global revenue generated by mobile apps will generate $582 billion primarily through paid downloads and in-app ads.
    2. The total number of users consuming video content in the US through a mobile device will reach 179 million.
  2. By the year 2021 – the global count of mobile users will reach 7 billion.
  3. By the year 2022 –
    1. Yearly mobile app downloads will reach 258 billion.
    2. Global consumer spending on the app stores will increase by 92% to reach $157 billion.
  4. Generation Z (aged between 16 and 24) spends 20% more time on their favorite apps and engages 30 percent more often with them, as compared to other age groups.
  5. More than 51% of smartphone users accept that they found a new company or product by initiating a search on their smartphone.
  6. Around 78% of location-based mobile searches convert into offline purchases.

Mobile App Trends