What you need to know
- Consumers spend $32 billion in the App Store and Play Store last quarter.
- The app stores experienced 40% growth when compared to Q1 2020.
Spending on Apple's App Store and the Google Play Store continues to grow and accelerate.
App Annie, an app analytics company, has published a new report that details the amount that consumers spent on each respective app store in the first quarter of 2021. According to the data, consumers spent $32 billion in Q1, a 40% increase from Q1 2020.
As the graphic below shows, both app stores have experienced major growth over the last year, but the App Store continues to dominate the Play Store when it comes to the amount of money spent on its platform.
It also appears that gaming continues to grow its share across each app store. Mobile gaming, as the graphic shows, continues to hold the lion's share of spending from consumers.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.