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Apps to reach record highs in Q3 of 36B downloads and $34B in consumer spending



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A new forecast on the state of the app economy indicates the third quarter will see record-breaking revenues spent on apps and games. According to App Annie, consumers worldwide will spend $34 billion on apps and games in Q3, a 20% year-over-year increase on spending. The increase indicates that the Covid-19 pandemic’s impact on consumer habits and behavior is having a lasting effect when it comes to how people are now using apps for entertainment, shopping, work, education, and more.
App Annie, we should note, made headlines last week for having massaged its data in earlier years using confidential sources, then …

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