Consumers spent record $23.4 billion on apps in Q1 2020, thanks to being stuck indoors

Consumers spent record $23.4 billion on apps in Q1 2020, thanks to being stuck indoors

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/02/consumers-spent-record-23-4-billion-on-apps-in-q1-2020-thanks-to-being-stuck-indoors/

Time spent in mobile apps has been surging, as people stuck at home due to the coronavirus outbreak have been turning to apps to do their shopping, manage their finances, find new exercises, work from home, and stay entertained. According to new data from App Annie, released today, Q1 2020 was the largest-ever quarter in terms of consumer spend on apps. In addition, the average weekly time spent in apps and games worldwide was up 20% year-over-year in the quarter, based on an analysis of Android devices.

This has translated to a record increase in consumer spending on the app stores.

Consumers spent record $23.4 billion on apps in Q1 2020, thanks to being stuck indoors

Apr 2, 2020, 4:36pm UTC
https://techcrunch.com/2020/04/02/consumers-spent-record-23-4-billion-on-apps-in-q1-2020-thanks-to-being-stuck-indoors/ > Time spent in mobile apps has been surging, as people stuck at home due to the coronavirus outbreak have been turning to apps to do their shopping, manage their finances, find new exercises, work from home, and stay entertained. According to new data from App Annie, released today, Q1 2020 was the largest-ever quarter in terms of consumer spend on apps. In addition, the average weekly time spent in apps and games worldwide was up 20% year-over-year in the quarter, based on an analysis of Android devices. > This has translated to a record increase in consumer spending on the app stores.