App Annie: Consumers spent $143 billion on mobile apps in 2020

Mobile data and analytics company App Annie has released The State of Mobile 2021 report, its annual appraisal of mobile’s expansive impact across 11 industries and 30 countries.

2020 accelerated mobile adoption as consumers used their mobile devices to connect, work, learn, play and escape despite COVID-19 restricting their way of life. Consumers spent $143 billion on mobile apps in 2020, an increase of 20% from 2019. Top markets driving this spend included China, United States, Japan, South Korea and the United Kingdom.

Select findings include:

  • Time spent on mobile surged: 4.2 hours were spent on Android which amounted to 3.5 trillion hours, up by 20% and 25% respectively from 2019
  • Mobile gaming remains unrivaled: This sector is on track to surpass $120 billion in consumer spend in 2021 which will capture 1.5x of the overall gaming market
  • Time spent crossed generations: In the US, Gen Z, Millennials and Gen X/ Baby Boomers spent 16%, 18% and 30% more time per user YoY in their most-used apps
  • Social networking apps take center stage: Time spent per user increased by up to 325% YoY. TikTok is on track to hit 1.2 billion monthly active users in 2021 as consumers look to stay connected as well as entertained
  • Mobile fuels the ad industry: In 2020 ad spend grew to $240 billion up by 26% from 2019
  • Funding remained strong: $73 billion was invested in mobile companies up by 27% from 2019

The State of Mobile 2021 shows how to navigate macro trends and demographics which helps identify which leading brands and publishers are winning across gaming, fintech, retail, social, video, and others. This year, with a brand new interactive experience, the report provides an overview of key narratives in mobile across 11 industries and 30 countries. The analysis and estimates in this report are based on App Annie Intelligence.

The world has forever changed. While people stay at home across the world, we saw mobile habits accelerate by three years.

Theodore Krantz, Chief Executive Officer, App Annie