According to a new report, the mobile apps business will set an additional milestone by 2022

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According to a new report, the mobile apps business will set an additional milestone by 2022

Approximately $320,000 was going through app stores during 2021. You don’t think that’s enough? Well, that was the sum of money flowing through every minute, which is about 20% more than what was observed in 2020. The most popular apps in 2021 According to the report, the most downloaded app out of all (no surprises here) was TikTok. While 2020 was the year that TikTok saw one of its most significant increases in popularity, being the year the pandemic started and all, the app saw even more success in 2021.

Story Highlights

  • The year is 2022, and we are about to enter our third year of living in a pandemic world. One of the most significant consequences of this reality is the extraordinary amount of time and money spent on mobile phones. App Annie has released a report that provides some insight on the subject. According to the survey, in the top mobile-first markets, the average time spent on mobile apps has increased to 4.8 hours per day. Time is money, as the saying goes, but it turns out that users are not only paying with their time, but also with their hard-earned money.

  • TikTok users reportedly have spent on average 90% more time in the app during 2021, compared to the previous year. It is predicted that this year, the social media colossus will go beyond 1.5 billion monthly active users. That’s like coming close to 20% of the world’s population! Another app that saw an amazing increase in popularity, according to the report, was none other than the streaming service giant we’ve grown inseparable from—YouTube. It ranked as the most downloaded streaming app in the world, closely followed by Netflix. Other interesting statistics regarding the 2021 app usage include as much as $116 billion spent on mobile games, increased usage of online shopping applications, and, of course, food delivery.