https://techcrunch.com/2020/04/01/mobile-app-spending-to-double-by-2024-despite-economic-impacts-of-covid-19/

The spread of COVID-19 has already had a significant impact on the mobile app industry and that will continue in the years to come. According to a revised 2020-2024 market forecast from app intelligence firm Sensor Tower, a sizable increase in app downloads for industries like remote work and education will lead to a large surge in app installs for the early part of 2020 and beyond, despite other decreases in downloads for ride-sharing and fast food apps. However, the expected economic downturn resulting from COVID-19 will somewhat dampen revenue growth in the years ahead, the report found. Despite this, mobile app spending worldwide will continue to grow and will even double by 2024.

Though COVID-19 is having an impact on the app stores’ revenue, growth remains strong.