High Tech > Apple

App stores to see record consumer spend of $133 billion in 2021, 143.6 billion new app installs

1 month ago   |   By TechCrunch

The app economy will again set new records in 2021. According to a review of the global app ecosystem in 2021 by Sensor Tower, released today , first-time app installs grew to 143.6 billion during the year, a half percentage point higher than 2020, but consumer spending in apps is up a much larger 19.7% year-over-year to reach $133 billion. This includes spending on in-app purchases, premium apps, and subscriptions across both the Apple App Store and Google Play, but excludes third-party app stores, like those in China.
Image Credits: Sensor Tower
This growth is nearly in line with the...
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Instagram's Take a Break feature will nudge teens to spend less time on the app

Instagram's Take a Break feature will nudge teens to spend less time on the app

1 month ago   |   By Digital Trends

Instagram announced a bunch of updates to its platform in a move to make it safer for teenagers.
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