Country for PR: United States
Contributor: PR Newswire New York
Wednesday, January 13 2021 - 19:01
AsiaNet
Mobile Outperformed 2020 expectations with Consumers Spending $143B on Apps
SAN FRANCISCO, Jan. 13, 2021 /PRNewswire-AsiaNet/ --

App Annie ( 
https://c212.net/c/link/?t=0&l=en&o=3035107-1&h=315541246&u=https%3A%2F%2Fwww.appannie.com%2Fen%2F&a=App+Annie 
), the mobile data and analytics company helping brands and publishers create 
winning experiences on mobile, today released The State of Mobile 2021 ( 
https://c212.net/c/link/?t=0&l=en&o=3035107-1&h=3357298130&u=http%3A%2F%2Fappannie.com%2Fgo%2Fstate-of-mobile-2021&a=The+State+of+Mobile+2021 
) report. This annual appraisal provides insight into mobile's expansive impact 
across industries and the global economy.

Logo - https://mma.prnewswire.com/media/653562/App_Annie_Logo.jpg

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 ( 
https://c212.net/c/link/?t=0&l=en&o=3035107-1&h=3711237975&u=https%3A%2F%2Fwww.appannie.com%2Fen%2Finsights%2Fmarket-data%2F2021-five-things-you-need-to-know-in-mobile%2F&a=to+surpass+%24120+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 ( 
https://c212.net/c/link/?t=0&l=en&o=3035107-1&h=1448526874&u=https%3A%2F%2Fwww.appannie.com%2Fen%2Finsights%2Fmarket-data%2F2021-five-things-you-need-to-know-in-mobile%2F&a=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. 

"The world has forever changed. While people stay at home across the world, we 
saw mobile habits accelerate by three years," said Theodore Krantz, Chief 
Executive Officer of App Annie. 

According to James Cordery, Head of Performance Marketing Strategy, Deliveroo, 
"In 2020, we were able to focus on executing mobile strategies that really 
delivered incremental growth for Deliveroo. We were able to couple consumer 
insights with market context from App Annie to make decisions that have had a 
high impact on our performance."

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. 

Read the full The State of Mobile 2021 here ( 
https://c212.net/c/link/?t=0&l=en&o=3035107-1&h=3765926969&u=http%3A%2F%2Fappannie.com%2Fgo%2Fstate-of-mobile-2021&a=Read+the+full+The+State+of+Mobile+2021+here 
) .  

About App Annie
App Annie ( 
https://c212.net/c/link/?t=0&l=en&o=3035107-1&h=315541246&u=https%3A%2F%2Fwww.appannie.com%2Fen%2F&a=App+Annie 
) is the industry's most trusted mobile data and analytics platform. App 
Annie's mission is to help customers create winning mobile experiences and 
achieve excellence. 

SOURCE  App Annie

CONTACT: press@appannie.com
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