ByteDance’s TikTok and Krafton’s PUBG Mobile were the top performing apps in terms of revenue generation and amount of downloads. TikTok and PUBG Mobile were the top grossing apps on the Apple App Store and Google Play Store in the third quarter of 2021, according to a report from Sensor Tower. While TikTok has emerged as the highest grossing app in the world, PUBG Mobile has remained the highest grossing mobile game. Both apps also saw the most downloads in their respective categories, according to the latest Sensor Tower report.
The report says consumer spending on TikTok grew 41% year-over-year. TikTok’s revenue is calculated after including Douyin on iOS – the apps-only version in China. Consumer spending on PUBG Mobile, on the other hand, grew 11% year-over-year. The latest report reveals that consumer spending on in-app purchases, premium apps and subscriptions grew by around 15.1% year-on-year to $ 33.6 billion (around Rs 2.49 lakh crore) at both on Apple App Store and Google Play Store. The report says that growth was amplified by Google Play, which saw consumer spending rise 18.6% to $ 12.1 billion (roughly Rs 89,800 crore).
TikTok was the top-grossing app in Q3 2021 according to the SensorTower report. This was followed by a Manga Piccoma reader in terms of revenue, recording 130% year-on-year growth, followed by YouTube, which saw consumer spending soar 17% year-on-year. Google One and Disney + round out the top earning apps at numbers four and five, respectively. TikTok also crossed a total of 3 billion downloads worldwide, becoming the first non-Facebook app to do so.
In terms of consumer spending, PUBG Mobile took first place in the games category, including the Chinese version “Game for Peace”. followed by Pokemon Go from Niantic and Roblox from Roblox Corp.
The report also says first mobile game installs are down from a year ago, down 3.5% to 13.6 billion installs at both stores, from 14.1 billion in the third quarter. 2020.
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