Indian consumers spent $ 500 million on apps on iOS, Play Store in 2020: App Annie

Indian consumers spent $ 500 million on mobile apps on iOS and the Google Play Store, according to the App Annie State of Mobile 2021 report. The mobile data and analytics platform said the spend is gross and includes any percentage taken from the app stores.

The report also states that $ 143 billion was spent on app stores globally, which represents a 20% year-over-year growth from 2019. The report notes that 218 billion new apps were downloaded globally in 2020. posting 7% year-over-year growth on third-party iOS, Google Play and Android in China.

Time spent per user per day was up 20% to 4.2 hours globally. Global spending on mobile ads increased 26% to $ 240 billion. In addition, venture capital investments grew 27% in mobile technology to hit $ 73 billion.

China and India were the top markets for App Store downloads and hours spent in 2020, while China and the United States top the consumer spending list. In India, app store downloads were 24.270 billion while …

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