Tinder Beats Netflix to Become Top Revenue Earning App in Q1 2019: Sensor Tower

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By Indo-Asian News Service | Updated: 15 April 2019 11:34 IST
Highlights
  • People spent $19.5 billion on apps in Q1 of 2019
  • Apple's App Store accounted for around 64 percent of revenue
  • Google Play revenue grew 20.2 percent YoY to $7.1 billion

People across the globe spent $19.5 billion on the Apple App Store and Google Play in the first quarter of 2019, according to a new report from Sensor Tower, a mobile app intelligence firm.

This represented a 16.9 percent year-over-year increase. In the first quarter of 2018, the stores saw $16.7 billion combined gross consumer spend on in-app purchases, subscriptions and premium apps, said the report.

According to the analysis, dating app Tinder beat streaming service Netflix to claim the top revenue spot for the quarter.

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"Apple's App Store accounted for around 64 percent of revenue generated by the two stores last quarter, with consumer spending on the platform totalling $12.4 billion globally," Randy Nelson, Sensor Tower's Head of Mobile Insights, wrote in a blog post on Friday.

It represented a 15 percent growth over the year-ago quarter, when spending reached around $10.8 billion on the App Store. "Google Play revenue grew 20.2 percent YoY to $7.1 billion, about 57 percent of the App Store's total, up from $5.9 billion in the first quarter of 2018," Nelson said.

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However, Google Play accounted for nearly 74 percent of the 28.1 billion first-time app installs in Q1 of 2019. The App Store's total installs reached 7.4 billion in Q1, a 4.7 percent decline from the same quarter last year, the analysis showed.

The decline could be attributed to reduced installs in China due to a government pause on mobile game certification, Sensor Tower said.

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TikTok was the third most installed app globally during Q1 of 2019 across the App Store and Google Play, ranking behind only Facebook's WhatsApp and Messenger at No. 1 and No. 2, respectively.

 

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Further reading: Google Play, App Store, Apple, Android, iOS
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