App usage is greater than ever with users across the world spending more than $19.5 billion on the Apple App Store and Google Play in the first quarter of 2019 while the stores saw $16.7 billion in revenue in the first quarter of 2018. This and many more findings were published in the new report by Sensor Tower, a mobile app intelligence firm.
According to the report, the revenue represents a 16.9% year-over-year increase. The accumulated profits were garnered through in-app purchases, subscriptions, and premium apps.
Interestingly, the report claims that Apple’s App Store accounts for over 64% of the revenue generated by both the stores in the last quarter with the profits totaling $12.4 billion worldwide. Which means a 15% growth rate when compared to the last year’s first quarter where spending reached around $10.8 billion in the App Store.
On the other hand, the revenue for Google Play grew 20.2% year-over-year.
However, Google Play accounts for around 74% of the 28.1 billion first-time app installs in the first quarter of 2019 while App Store’s installs reach 7.4 billion – a 4.7 decline from the same time last year.
The report indicates that the decline in App store growth may be due to government restrictions on mobile game certifications in mainland China that led to fewer installs from the same territory.
In the global apps category (excluding games), Whatsapp, Messenger, and TikTok are the three most downloaded apps across both the stores ranking. However, TikTok is the most downloaded app in the U.S. followed closely by Instagram and Facebook.
The dating app Tinder beats Netflix – the video streaming service to rank on the top of the revenue spot for the previous quarter.
When it comes to top mobile games, Sensor Tower noted that “8 of the top 10 grossing mobile games in Q1 were developed in Asia, led by Tencent’s MOBA Honor of Kings, which was once again the world’s No. 1 earning mobile app across all categories. ”
While, Color Bump 3d and PUBG Mobile are the two most downloaded games across App Store and Google Play.