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App revenue grew to $29 billion in Q3 2020, with two thirds being generated by Apple's App Store

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Worldwide consumer spending in mobile apps continues to grow, and the latest SensorTower report reveals people have made 36.5 billion installs that generated $29.3 billion across Apple’s…
Worldwide consumer spending in mobile apps continues to grow, and the latest SensorTower report reveals people have made 36.5 billion installs that generated $29.3 billion across Apple’s App Store and the Google Play Store. Compared to the same period last year, that’s 23 percent more installs and 32 percent more revenue generated mostly as a result of a quick adoption of digital services. Both app stores saw significant growth, but the App Store still generated almost twice the revenue of Google’s Play Store, while the latter saw the biggest absolute gain in terms of app installs.

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