Consumers downloaded a record 204 billion apps and spent $120 billion on mobile software in 2019. That’s according to the latest ‘State of Mobile’ report from App Annie which analyzes the biggest app trends from around the world and sets forecasts for what’s to expect going forward.
However, developed markets still apparently continued to lead in aggregate terms, with the US accounting for 12.3 billion downloads in 2019, while Japan and South Korea accounting for 2.5 billion and 2 billion, respectively. Overall, given the strength of the global mobile industry, App Annie says it will continue to grow at a rapid rate, contributing a whopping $4.8 trillion to the global GDP by 2023.
