Apple's App Store generated nearly twice the revenue of the Google Play Store in the third quarter of 2020, according to a new report from Sensor Tower.
Consumer spending on in-app purchases, subscriptions, and premium apps climbed by 31 percent to $19 billion globally on Apple’s App Store in 3Q20, up from $14.5 billion in the same period last year. Spending on Google Play experienced even more substantial growth, increasing 33.8 percent Y/Y to $10.3 billion from $7.7 billion in the year-ago quarter. The split in spending between the two platforms remained consistent when compared to 3Q19, with Apple’s marketplace seeing nearly twice the revenue earned on Google’s store.
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Consumer spending on in-app purchases, subscriptions, and premium apps climbed by 31 percent to $19 billion globally on Apple’s App Store in 3Q20, up from $14.5 billion in the same period last year. Spending on Google Play experienced even more substantial growth, increasing 33.8 percent Y/Y to $10.3 billion from $7.7 billion in the year-ago quarter. The split in spending between the two platforms remained consistent when compared to 3Q19, with Apple’s marketplace seeing nearly twice the revenue earned on Google’s store.
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