Mobile expenditures for applications continue to increase day by day. Sensor Tower,the mobile app analytics company that released its new report on app stores, announced that App Store and Google Playmade $39.7 billion in the first half of 2019.
The App Store and Google Play stores generated $34.4 billion in revenue in the same period of 2018. Application revenues continued to rise in 2019, 15.4 percent higher than last year. In short, there was an increase of 27.8percent in 2018 and 15.4 percent in 2019.
Let’s also mention that most of the $39 billion in revenue comes from the App Store. In the first half of 2019, users spent $25.5 billion on the App Store. Let’s also mention that $22.6 billion was spent in the same period last year and increased by 13.2 percent in 2019. To compare, there was an increase of 26.8 percent in 2018.
Google Play generated $14.2 billion in revenue in the first half of 2019. Let’s also mention that Google Play increased revenue by 19.6 percent compared to the previous year. Although revenues in general have increased, when we look at the past years, there is a decrease in the rate of increase.
Tinder and Netflix come to the fore when we look at the most revenue-generating non-gaming apps among mobile apps, according to the shared report. According to the report, Tinder generated $467 million in the first half of the year and Netflix $399 million. Spending on games in app stores increased by 11.3 per cent to $29.6 billion.