Mobile App Industry Trends 2021 - Sensor Tower

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Mobile App Industry Trends 2021 How Mobile Apps are Adjusting to the New Virtual Lifestyle

Transcript of Mobile App Industry Trends 2021 - Sensor Tower

Page 1: Mobile App Industry Trends 2021 - Sensor Tower

Mobile App Industry Trends 2021— How Mobile Apps are Adjusting to the New Virtual Lifestyle

Page 2: Mobile App Industry Trends 2021 - Sensor Tower

Executive Summary: Highlights

Hypercasual continues to be a hot trend in mobile gaming, with the top hypercasual titles surpassing 10 billion installs in 2020. Easy-to-play games gained massive popularity amid COVID-19.

More core games are adopting in-app subscription models. Subscriptions in games saw a slight correlation with higher long-term retention rates than games without them in 2020.

Stock trading and cryptocurrency apps continue to see high volume in demand going into the new year. IQ Option and Expert Option were the top two trading apps by downloads in 2020.

More consumers being home has led to a 39 percent Y/Y growth rate among top smart home apps. Home-centric lifestyles have inspired consumers to invest in smart technology.

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Mobile Industry Trends 2021 report offers analysis on the latest trends for the category:

Industry Trends 2021: Table of Contents

2020 Industry Recap An overview of the app industry in 2020 along with top categories and countries

Mobile Gaming Hypercasual Game Adoption Takes Off Examine how hypercasual games grew their massive popularity in 2020

Mobile Games Find Success with Subscriptions A look at games that use in-app subscriptions and how it affects retention

Mobile Apps The Booming Fintech Market The global fintech market continues to experience high adoption

The Rise of 5G and Smart Home Apps A look at smart home apps and how quarantines affected growth

Growth of Mobile Hangout Apps Accelerates COVID-19’s impact on adoption and demographics of social apps

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11. 14.

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22. 25.

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Sensor Tower’s Mobile Insights team compiled the download estimates provided in this report using the Sensor Tower Store Intelligence platform.

● Figures cited in this report reflect App Store and Google Play download estimates for January 1, 2018 through December 31, 2020.

● Download estimates presented are on a per-user basis, meaning that only one download per Apple or Google account is counted towards the total.

● Downloads of the same app by the same user to multiple devices, updates, or re-installs of the same app by the same user are not counted towards the total.

● Android app install estimates represent downloads from the Google Play Store only. Sensor Tower does not provide download estimates for third-party Android stores.

About This Data: Methodology

Store Intelligence

Could your business benefit from access to Store Intelligence insights and the highly accurate data used to build this report? See the fastest growing apps and publishers by downloads or revenue.

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2020 Mobile App

Market Recap

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2020: An Eventful Year in Mobile AppsTop industry events in 2020 corresponding to installs

Monthly Worldwide Installs

Dec0 5B 10B 15B

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Byte, the short video app from the co-founder of Vine, was released and generated 1.3M installs in its first week.

Tiktok surpassed 120M worldwide downloads. Disney+ launched in the European app stores.

Zoom crossed 140M worldwide downloads. Quibi’s mobile-only streaming service made its first appearance in April.

Animal Crossing: New Horizons spurred Nintendo’s Pocket Camp mobile game to $150M in spending. The HBO Max app released on both stores.

Multiple apps removed on the App Store in China due to strict enforcement of ISBN. India banned TikTok and Chinese apps.

Among Us gained 85M downloads in September. Oracle became the cloud provider for TikTok amid calls for its ban in the U.S.

Genshin Impact released on both app stores and generated $60M in spending during its first week.

Mobile app spending surpassed a record high of $400 million on Christmas Day. Roblox was the top app by worldwide spending.

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COVID-19 Spurred Lasting Lift in Mobile App Spending

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4B

6B

8B

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Jan-20

Feb-20

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2.1B1.9B

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965M

9.9B9.5B9.7B9.4B10.0B10.2B

9.7B9.8B9.2B9.6B

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2019 Installs Install Growth in 2020

Worldwide monthly installs and spending across the App Store and Google Play

Market Overview

$0

$2B

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$7B$7B$7B$7B$6B$7B

2019 Spending Spending Growth in 2020The 2020 holiday season drove mobile spending to a new record of $10 billion in December, while monthly downloads surpassed 12 billion for the sixth time in 2020.

COVID-19 boosted the year-over-year spending growth rate for monthly installs and revenue to above 30 percent throughout the year after March, as opposed to an average of 21 percent in the beginning at the start of year. COVID-19’s impact on downloads may be short-lived, but spending trends indicate that apps are already seeing the benefits of adding these new users.

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-50%

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Feb-20

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Jun-20Jul-2

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Growth of Essential Apps Remains HighMonthly install growth by category compared to January 2020

Business

Medical

FinanceEntertainmentEducationHealth & Fitness

News

Business, Health & Fitness, and Education category apps saw the largest COVID-19 related boost following the outbreak of the virus. The demand for remote work and home workouts spiked along with downloads of related apps.

Contact-tracing and telemedicine apps continued to show high adoption growth throughout the year as COVID-19 raised awareness for health monitoring. The British contact-tracing app, NHS COVID-19, was the most downloaded medical app in 2020, accounting for 15 million installs.

Note Regarding Growth Rate Each monthly growth rate is calculated based on the category downloads in January 2020.

Market Overview

Business Medical Finance Entertainment Education Health & Fitness News

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India’s Mobile App Adoption Continues to Break RecordsMonthly install growth by country compared to January 2020

India and Brazil’s mobile markets are on a rise, achieving a year-over-year growth in mobile adoption of 35 percent and 32 percent, respectively, in 2020. Utility and Photo & Video category apps saw the most success outside mobile games in these markets.

While the largest markets have started to see downloads return towards pre-pandemic numbers or below, Turkey’s installs climbed in December. Another top growing market, Brazil, saw 32 percent Y/Y growth.

Note Regarding Growth Rate Each monthly growth rate is calculated based on the country downloads in January 2020.

Brazil +32% Y/YU.K. +16% Y/YU.S. +12% Y/YRussia +13% Y/Y

Market Overview

China -1% Y/Y

India +35% Y/Y

Turkey +30% Y/Y

India Turkey Brazil U.K. U.S. Russia China

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Games

Utilities

Business

Lifestyle

Food & Drink

Education

Shopping

Entertainment

Health & Fitness

Productivity

Finance

Social Networking

Travel

Medical

Sports

0 40K 80K

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10K

13K

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22K

24K

25K

37K

39K

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47K

49K

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Apps released in 2020 on App Store and Google Play by top category

New Apps Releases Increase by 5% on the App Store

Games

Education

Entertainment

Music & Audio

Tools

Business

Food & Drink

Shopping

Books & Reference

Lifestyle

Personalization

Productivity

Health & Fitness

Finance

Social

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74K

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App Store Google Play Approximately 5 percent more new apps were released on the App Store in 2020 than 2019, with Games accounting for 13 percent and Utilities accounting for 10 percent of new apps. Utilities and Business stood out as the top growing non-gaming categories, suggesting that increased demand created a market for new apps on the App Store.

The Education and Entertainment categories both saw an increase in the number of apps released in them on Google Play, each accounting for 8 percent of the new apps launched. Entertainment was the second most popular non-gaming category on Google Play by downloads in 2020.

Total: +5% Y/Y Note Regarding New Apps New apps include apps released in 2020 on at least one of the stores and have ranked among the top 1,500 apps by daily downloads at least once.

Total: -5% Y/Y

Market Overview

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Mobile Gaming Trends

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Save The Girl AppLovin

Garena Free Fire Garena Games

PUBG Mobile Tencent

Gardenscapes Playrix

Ludo King Gametion

Subway Surfers Sybo Games

Hunter Assassin Ruby Game Studio

Fishdom Playrix

Brain Test Unico Studio

Brain Out Focus Apps

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Among Us InnerSloth

Join Clash 3D Supersonic Studios

Shortcut Run Voodoo

Garena Free Fire Garena Games

Subway Surfers Sybo Games

Tiles Hop Amanotes

Roblox Roblox

My Talking Tom Friends Outfit7

PUBG Mobile Tencent

Acrylic Nails Crazy labs

Q4 2020

Among Us InnerSloth

My Talking Tom Friends Outfit7

Scribble Rider Voodoo

Subway Surfers Sybo Games

Garena Free Fire Garena Games

Cube Surfer Voodoo

Stack Colors Voodoo

Tie Dye Crazy Labs

Ludo King Gametion

PUBG Mobile Tencent

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Hunter Assassin Ruby Game Studio

Brain Out Focus Apps

Woodturning Voodoo

Johnny Trigger SayGames

PUBG Mobile Tencent

Garena Free Fire Garena Games

Draw Climber voodoo

Subway Surfer Sybo Games

Gardenscapes Playrix

Rescue Cut MarkApp

Q1 2020

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Among Us and Hypercasual Titles Lead the Top Mobile Games by DownloadsQuarterly top games by worldwide downloads on the App Store and Google Play

Mobile Gaming

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PUBG Mobile Tencent

Honor of Kings Tencent

Roblox Roblox

Coin Master Moon Active

Pokémon Go Niantic

Gardenscapes Playrix

Candy Crush Saga King

Three Kingdoms Strategic Alibaba

Monster Strike mixi

Fate/Grand Order Sony Corporation

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Honor of Kings Tencent

PUBG Mobile Tencent

Genshin Impact miHoYo

Pokémon GO Niantic

Coin Master Moon Active

Roblox Roblox

Rise of Kingdoms Lilith Games

Candy Crush Saga King

Homescapes Playrix

Moonlight Blade Tencent

Q4 2020

Honor of Kings Tencent

PUBG Mobile Tencent

Pokémon GO Niantic

Roblox Roblox

Coin Master Moon Active

Fate/Grand Order Sony Corporation

Gardenscapes Playrix

Candy Crush Saga King

DBZ Dokkan Battle Bandai Namco

Monster Strike Mixi

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PUBG Mobile Tencent

Honor of Kings Tencent

Monster Strike mixi

AFK Arena Lilith Games

Lineage 2M NCSOFT

Candy Crush Saga King

Gardenscapes Playrix

Rise of Kingdoms Lilith Games

Fate/Grand Order Sony Corporation

Coin Master Moon Active

Q1 2020

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Core Titles Including Newcomer Genshin Impact Are Driving Player Spending

Mobile Gaming

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Quarterly top games by worldwide gross revenue on the App Store and Google Play

Page 14: Mobile App Industry Trends 2021 - Sensor Tower

Could your business benefit from access to Store Intelligence insights and the highly accurate data used to build this report? See the fastest growing apps and publishers by downloads or revenue.

What’s Trending: Hypercasual Game Adoption Took Off During Stay-at-Home Orders

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Mobile games prospered during quarantine when consumers were left with more time on their hands. Hypercasual was one of the fastest growing genres of mobile games, accumulating 10 billion installs across the top 1,000 such titles in 2020.

Key Takeaways: ● Adoption of the top 1,000 Hypercasual genre games grew 45 percent Y/Y in 2020. The

continued rise in Hypercasual installs indicates that mobile games are reaching more casual players than ever before.

● Many Hypercasual genre games were among the top growing titles in 2020.

Gaming Trends: Hypercasual

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0

1B

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Q2 2018

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2.7B

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1.1B1.1B857M

627M

Gaming Trends: Hypercasual 15

The top 1,000 hypercasual games surpassed 2 billion quarterly downloads for four consecutive quarters in 2020, with Q3 being their best performing quarter so far. Hypercasual games saw massive popularity during stay-at-home orders and saw year-over-year growth of 45 percent in 3Q20.

Although Hypercasual games saw a decrease in adoption in Q4 2020, the genre is set to have a good year in 2021 if ad tracking related headwinds are diminished. Demand for Hypercasual games is remaining strong, with the top 10 titles accumulating 80 millions installs in the first two weeks of 2021.

Hypercasual Titles Surpassed 10 Billion Installs in 2020Global downloads of top 1,000 hypercasual games by quarter

+45% Y/Y

+70% Y/Y

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Consumers Flock to Simple Games Amid QuarantineTop growing games by year-over-year increase in downloads for 2020

Among Us

Hunter Assassin

Brain Out

Join Clash 3D

Save The Girl

Brain Test

My Talking Tom Friends

Worms Zone

Woodturning

Cube Surfer

0 50M 100M 150M 200M 250M 300M

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132M

153M

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149M

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182M

207M

282M

Hypercasual Games

Hypercasual games dominated the top growing games chart, accounting for five out of the top 10 fastest growing games. Join Clash 3D, released in March 2020, ranked as the second most downloaded game in Q4 2020, competing with the viral multi-player title Among Us.

Amid the stress brought by COVID-19, mobile gaming attracted a significant number of first-time players in 2020. These consumers flocked to titles that encourage social interaction with friends or friend-like NPCs, such as Among Us and My Talking Tom Friends, or simple, easy-to-play titles that require minimal commitment from players.

Gaming Trends: Hypercasual

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Top 100 Hypercasual

Top 100 Puzzle

Top 100 Arcade

Top 100 Games

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Hypercasual 6.0B total installs

in 2020

Hypercasual Growth Rises Above Other GenresInstall growth among the top Hypercasual, Arcade, and Puzzle genre games vs. Q1 2019

Arcade 4.7B total installs

in 2020

Puzzle 3.7B total installs

in 2020

Games 10.4B total installs

in 2020

Hypercasual is far-and-away the fastest growing genre in mobile gaming. The top 100 Hypercasual games saw growth of 350 percent over Q1 2019 downloads in Q2 and Q3 2020 while mobile games overall saw maximum growth of 133 percent in 2Q20.

The continued rise in adoption of Hypercasual genre games on mobile reaffirms the existence of a large market and strong demand for simpler titles. While these games monetize quite different from other genres—using in-game advertising—the fact that mid-core games have the potential to attract more users by adding modes aimed at beginning players shouldn’t be overlooked.

Gaming Trends: Hypercasual

Page 18: Mobile App Industry Trends 2021 - Sensor Tower

Could your business benefit from access to Store Intelligence insights and the highly accurate data used to build this report? See the fastest growing apps and publishers by downloads or revenue.

What’s Trending: Mobile Games Are Finding Success with In-App Subscription Models

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Subscription-based monetization is becoming more pervasive among mobile games as a growing number of titles have found success with in-app subscriptions for optimizing revenue streams and retention rates.

Key Takeaways: ● Eight out of the top 15 grossing mobile games in 2020 have adopted in-app subscriptions

as a monetization model. ● Casino and Strategy have seen the highest proportions of subscription games, accounting

for 39 percent and 35 percent among their top apps, respectively. ● Subscription-based games saw higher long-term retention rates than non-subscription

games in 2020.

Gaming Trends: Subscription Games

Page 19: Mobile App Industry Trends 2021 - Sensor Tower

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Among Us

Garena Free Fire

Subway Surfers

PUBG Mobile

Hunter Assassin

Gardenscapes

Brain Out

Ludo King

Tiles Hop

Homescapes

Roblox

Candy Crush Saga

Join Clash 3D

My Talking Tom 2

Save The Girl

0 50M 100M 150M 200M 250M 300M

153M

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182M

207M

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276M

153M

156M

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182M

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245M

282M

Subscriptions Are Common Among Top Grossing GamesTop games by adoption and spending across the App Store and Google Play in 2020

PUBG Mobile

Honor of Kings

Pokémon GO

Coin Master

Roblox

Monster Strike

Candy Crush Saga

Rise of Kingdoms

Gardenscapes

Fate/Grand Order

Homescapes

Three Kingdoms Strategic

Lineage M

AFK Arena

Garena Free Fire

$0 $1B $2B $3B

$736M

$758M

$776M

$966M

$1B

$1.2B

$2.6B

$2.7B

761M

829M

929M

959M

978M

1.2B

1.3B

Top Downloaded Mobile Games in 2020 Top Grossing Mobile Games in 2020

Contains Subscriptions

Three Kingdoms Strategic

Multiple successful mobile games have now adopted in-app subscription models. Roblox was one of the pioneers of implementing a subscription model, called Builders Club (now Premium), into its mobile game. Newer titles, such as Hunter Assassin, launched with subscriptions from day one.

In-app subscriptions have the potential to boost revenue for top games. Rise of Kingdoms, for instance, saw a 13 percent increase in user spending one month after the release of its monthly subscription package.

Gaming Trends: Subscription Games

Page 20: Mobile App Industry Trends 2021 - Sensor Tower

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Core Games Are More Likely to Adopt Subscriptions

61%

39%

Contains In-App Subscription No In-App Subscriptions

65%

35%

67%

33%

74%

26%

76%

24%

78%

22%

78%

22%

79%

21%

Casino Strategy RPG Sports

Racing Arcade Lifestyle Shooter

Proportion of games with in-app subscriptions by genre

Approximately 39 percent of top Casino games utilize in-app subscriptions, followed by Strategy (35 percent) and RPG (33 percent). Complex titles with heavy user engagement appear to have found success using in-app subscriptions to boost revenue along with user retention.

Designing a subscription product and rewards based on demographics, genre, and gameplay features, in addition to accurately tailoring them to player needs, is essential to achieving the best possible ARPU.

Gaming Trends: Subscription Games

Note Regarding Game Population Proportion calculations utilized thousands of games in our Game Taxonomy, while comparing subscription games to non-subscription games by genre

Page 21: Mobile App Industry Trends 2021 - Sensor Tower

Games with Subscriptions See Higher Longterm Retention

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0%

4%

8%

12%

16%

Q1 2020

Q2 2020

Q3 2020

Q4 2020

Day 7 Retention

Day 30 Retention

Day 90 Retention

— Subscription Games — Non-subscription Games

Day 7, 30, and 90 retention rates of the top 1,000 subscription and non-subscription games

Although the gap wasn’t large, subscription-based games saw consistently higher retention rates than non-subscription games. The difference was most obvious in Q2 2020 amid COVID-19, when non-subscription games saw a day 7 retention of 13 percent while subscription-based games saw a higher retention of 13.7 percent.

Collect player feedback on subscription products using App Intelligence’s Review Analysis feature, which derives insights from user experience so you can make data-driven decisions on product improvements.

Gaming Trends: Subscription Games

Page 22: Mobile App Industry Trends 2021 - Sensor Tower

Mobile App Trends

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ZOOM Zoom

TikTok Bytedance

Facebook Facebook

WhatsApp Facebook

Messenger Facebook

Instagram Facebook

Aarogya Setu NIC

Google Meet Google

Telegram Telegram

Youtube Google

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TikTok Bytedance

WhatsApp Facebook

Facebook Facebook

Instagram Facebook

ZOOM Zoom

Messenger Facebook

Snapchat Snap

Telegram Outfit7

Google Meet Google

SnackVideo Joyo Technology

Q4 2020

TikTok Bytedance

Facebook Facebook

ZOOM Zoom

WhatsApp Facebook

Instagram Facebook

Google Meet Google

Messenger Facebook

SnackVideo Joyo Technology

Telegram Telegram

Snapchat Snap

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TikTok Bytedance

WhatsApp Facebook

Facebook Facebook

Instagram Instagram

ZOOM Zoom

Likee LIKEME

SHAREit SHAREit

Snapchat Snap

Netflix Netflix

Youtube Google

Q1 2020

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Social and Communication-Focused Apps Dominated Q4’s Top 10 by Downloads

Mobile Apps

NEW

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Quarterly top apps by worldwide downloads on the App Store and Google Play

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TikTok Bytedance

YouTube Google

Tinder Match Group

Tencent Video Tencent

Disney+ Disney

iQIYI iQIYI

Netflix Netflix

BIGO LIVE YY Inc.

LINE Manga Naver Corp

Google One Google

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TikTok Bytedance

YouTube Google

Tinder Match Group

Disney+ Disney

Tencent Video Tencent

Piccoma Kakao Corp.

iQIYI iQIYI

Google One Google

BIGO LIVE YY Inc.

Netflix Netflix

Q4 2020

TikTok Bytedance

YouTube Google

Tinder Match Group

Tencent Video Tencent

Disney+ Disney

iQIYI iQIYI

Piccoma Kakao Corp.

Netflix Netflix

BIGO LIVE YY Inc.

Google One Google

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Q3 2020

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Tinder Match Group

YouTube Google

TikTok Bytedance

Netflix Netflix

iQIYI iQIYI

Tencent Video Tencent

Disney+ Disney

Google One Google

Pandora Pandora

LINE NAVER Corp

Q1 2020

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Few Newcomers Shook Up the Global Revenue Charts in 2020

Mobile Apps

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Quarterly top apps by worldwide gross revenue on the App Store and Google Play

Page 25: Mobile App Industry Trends 2021 - Sensor Tower

Could your business benefit from access to Store Intelligence insights and the highly accurate data used to build this report? See the fastest growing apps and publishers by downloads or revenue.

What’s Trending: Fintech Reaches New Highs on Mobile, Led by Payment and Stock Trading

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Fintech has been rapidly gaining popularity on mobile, and this was even more evident in 2020 when interest in the stock market and cryptocurrency were driven by a worldwide recession. In the mobile space, fintech apps responded to dynamic financial markets with a surge in app adoption.

Key Takeaways: ● Finance apps accumulated nearly 5 billion downloads worldwide in 2020 at a growth rate

of 25 percent year-over-year ● Trading and cryptocurrency apps are among the fastest growing finance sectors in

mobile, with IQ Option seeing the most downloads and growth in 2020. ● Payment apps have been on a safe and steady rise, while B2B became the next step for

many top payment titles.

App Trends: Fintech

Page 26: Mobile App Industry Trends 2021 - Sensor Tower

0

500M

1.0B

1.5B

Q1 2018

Q2 2018

Q3 2018

Q4 2018

Q1 2019

Q2 2019

Q3 2019

Q4 2019

Q1 2020

Q2 2020

Q3 2020

Q4 2020

1.3B

1.1B

879M

1.3B1.2B1.1B

1.0B923M896M

808M747M750M

26

Finance Apps Are Experiencing Steady Growth Over TimeWorldwide download growth of finance apps by quarter

+19% Y/Y

+23% Y/Y

+21% Y/Y

Worldwide finance app installs have been on a rise, growing at a rate of 19 percent year-over-year in Q4 2020. Finance apps saw steady growth during the study period, achieving a compound annual growth rate of 22 percent. Among the top finance apps in 2020, payment apps dominated the download charts, with Google Pay and PayPal ranking No. 1 and No. 2 in the category.

Download trends of finance apps further confirm the ongoing expansion of the global fintech market. Payment apps are currently leading the adoption for this mobile sector.

App Trends: Fintech

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Page 27: Mobile App Industry Trends 2021 - Sensor Tower

-50%

0%

50%

100%

150%

200%

250%

Jan-20

Feb-20

Mar-20

Apr-20

May-20

Jun-20Jul-2

0

Aug-20

Sep-20Oct-2

0

Nov-20

Dec-20

Cryptocurrency Payment Top 100 Finance Apps Trading Banking

27

©2021 Sensor Tower Inc. - All Rights Reserved

Cryptocurrency Apps Took Off Amid COVID-19Install growth of payment, trading, banking, and cryptocurrency apps

Payment

Cryptocurrency

Trading

Banking

Cryptocurrency app download growth spiked following the outbreak of COVID-19 in 2020. Cryptocurrency apps saw high adoption growth of more than 200 percent in August compared to January, corresponding with record cryptocurrency trading volumes.

The rest of the Finance space also saw a boost following COVID-19. Interestingly, that growth was short lived for mobile banking apps as downloads returned to pre-pandemic levels after a brief spike in March and April.

Finance

App Trends: Fintech

Note Regarding Growth Rate Each subcategory growth rate is calculated based on the monthly downloads compared to January 2020. Downloads are from the top 100 apps of Finance and Finance subcategories in 2020 by raw growth over 2019.

Page 28: Mobile App Industry Trends 2021 - Sensor Tower

0 40M 80M 120M 160M

18M

20M

28M

36M

39M

84M

91M

149M

8M

8M

10M

20M

27M

61M

51M

134M

2019 2020

28

Payment Apps Are Trending Up, B2B In ParticularTop growing payment apps by worldwide download growth

+11%

+78%

+38%

+45%

+83%

+188%

+162%

+137%

PayPal and PhonePe were the top growing payment apps by Y/Y growth, accounting for 40 million and 23 million in raw download growth, respectively. The two apps achieved this success in different ways: PayPal had at least 2 million downloads in 10 different countries in 2020, while 99 percent of PhonePe’s installs were from India.

Google Pay for Business, a business-to-business payment app, stood out for its high yearly growth percentage of 162 percent. Top payment apps, such as Google Pay and PhonePe, have also seen major growth for their B2B versions.

App Trends: Fintech

B2B

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Google Pay

PayPal

PhonePe

Cash App

Mercado Pago

PicPay

Google Pay Business

PagBank

Page 29: Mobile App Industry Trends 2021 - Sensor Tower

$5M $10M $15M $20M $25M $30M $35M

5M

5M

6M

6M

12M

13M

13M

31M

1M

1M

1M

1M

4M

6M

7M

11M

2019 2020

29

Trading and Crypto App Installs Rise as Markets ReboundTop growing trading and cryptocurrency apps by worldwide download growth

+45%

IQ Option was the top growing trading app in 2020, with a total of 31 million downloads accumulated and year-over-year growth of 170 percent. The demand for trading apps surged in response to rebounding of stock and cryptocurrency markets later in the pandemic.

Top growing trading apps such as Upstox Pro and OctaFX Trading found most of their success in just a few key markets like India, Indonesia, and Pakistan. Cryptocurrency apps including Crypto.com and Trust saw their installs more evenly distributed across many countries.

+170%

+81%

+114%

+214%

+496%

+778%

+355%

+817%

App Trends: Fintech

648K

505K

©2021 Sensor Tower Inc. - All Rights Reserved

IQ Option

Expert Option

Robinhood

Investing.com

Upstox Pro

OctaFX Trading

Trust

Crypto.com

Page 30: Mobile App Industry Trends 2021 - Sensor Tower

Could your business benefit from access to Store Intelligence insights and the highly accurate data used to build this report? See the fastest growing apps and publishers by downloads or revenue.

What’s Trending: Smart Home Apps Soar Amid Stay-at-Home Orders and 5G Growth

30

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With the faster speeds and greater bandwidth they offer, 5G networks are expected to host more smart devices than before, including smart home hardware. Smart home app adoption saw notable growth amid COVID-19, when consumers spent more time in their homes and on their mobile devices than ever before.

Key Takeaways: ● The top 10 smart home apps accumulated 151 million worldwide installs in 2020. ● COVID-19 created a boost in smart home app adoption that was seen outside of the

holiday season in 2020. ● Google Play saw major growth in adoption for smart home apps in countries including

India, Brazil, and Mexico, where installs doubled year-over-year.

App Trends: Smart Home

Page 31: Mobile App Industry Trends 2021 - Sensor Tower

31

©2021 Sensor Tower Inc. - All Rights Reserved

Google Home

Amazon Alexa

Mi Home

LG ThinQ

Smart Life

Yoosee

iRobot Home

Xiao Du

Wyze

realme Link

10M 20M 30M 40M 50M 60M 70M

2M

3M

3M

4M

5M

7M

11M

20M

36M

60M

Worldwide downloads of top smart home apps in 2020

Google Home Blazes the Path for Smart Home Apps

Google Home was the most downloaded smart home app in 2020, accounting for 60 million installs globally. Amazon Alexa was No. 2 on the chart with 36 million downloads. The top 10 smart home apps overall accumulated 151 million downloads across the App Store and Google Play.

COVID-19 has accelerated the growth of smart home apps. With more time spent at home, consumers are investing in technology to make their home-centric lifestyles more convenient and efficient.

App Trends: Smart Home

Page 32: Mobile App Industry Trends 2021 - Sensor Tower

0

2M

4M

6M

8M

10M

12M

14M

16M

U.S.

India

Brazil

Germany

Spain

Mexico

Japan

Russia

Turkey

1.4M1.8M1.5M

4M4M3.5M

8.5M

13.9M14.3M

0.4M1M1M2M

2.6M2.7M

3.9M

6.1M

12.6M

2019 2020

32

Smart Home Apps See Greatest Growth on AndroidDownloads of smart home apps on Google Play by country

Google Play has seen a major increase in adoption of smart home apps worldwide. India, Brazil, and Mexico saw the most raw growth year-over-year, with more than double the downloads in 2020 than 2019 in each of these markets.

Smart home companies looking to expand into new markets can track app adoption to identify which ones show the highest growth potential. LG ThinQ provided a great example of this: After observing the expansion of Google Home and Amazon Alexa in Mexico, it localized its app for that market in June 2020 and saw its downloads spike in the second half of 2020.

+13%+128%

+117%

+28%+54% +106%

+61% +75%+230%

App Trends: Smart Home

412K

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Page 33: Mobile App Industry Trends 2021 - Sensor Tower

Could your business benefit from access to Store Intelligence insights and the highly accurate data used to build this report? See the fastest growing apps and publishers by downloads or revenue.

What’s Trending: Growth of Mobile Hangout Apps Is Accelerating

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App Trends: Mobile Hangouts

COVID-19 created a surprise shift in the social app space in 2020—the influx of younger users looking for ways to find friends and socialize in the time of school closures and stay-at-home orders. Apps that marketed themselves to this younger audience saw a rapid increase in first-time installs in early 2020.

Key Takeaways: ● The average age for users of top social apps dipped during the first three quarters of 2020.

The pandemic increased demand for social apps among a younger user base. ● Top emerging social apps in 2020 like Wink, Yubo, and Hoop marketed themselves as ways

to make new friends. While the features of these apps varied, they each promised a way to find and connect with friends during COVID-19 which was appealing to younger users.

● As age trends reverted towards pre-pandemic levels in Q4 2020, adoption for many of these friend finding apps also declined. Retaining these new users will be the challenge as schools begin to re-open in 2021.

Page 34: Mobile App Industry Trends 2021 - Sensor Tower

Dow

nloa

ds

0

50M

100M

150M

200M

250M

Aver

age

Age

27

28

29

30

31

32

Q1 2018

Q2 2018

Q3 2018

Q4 2018

Q1 2019

Q2 2019

Q3 2019

Q4 2019

Q1 2020

Q2 2020

Q3 2020

Q4 2020

Average Age Downloads

30.6

29.429.6

29.4

30.9

30.4

30.8

31.231.131.0

31.131.3

Note Regarding Download and Age Estimates Population of apps includes the top 100 apps by U.S. downloads each quarter across the App Store and Google Play. Apps include any with Social Networking as their primary App Store category or Social as their Google Play category. Average age is among the same top 100 apps, and is App Store only.

34

Younger Users Embraced Social Apps Amid COVID-19Quarterly average age and U.S. downloads for the top 100 social apps

As downloads spiked during the COVID-19 pandemic in 2020, the average age among the top social apps dipped, suggesting that younger users drove a significant portion of the growth. Age trends reverted towards pre-COVID-19 levels by Q4 2020.

Younger users flocked to mobile social apps in amid school closures and social distancing orders. Social apps will increasingly market themselves towards a younger age group to engage with a relatively untapped user base.

App Trends: Mobile Hangouts

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Page 35: Mobile App Industry Trends 2021 - Sensor Tower

35

Apps with Younger Users are Growing Fastest

0-20% (Avg. Age 22.5-26.9)

20-40% (Avg. Age 26.9-28.6)

40-60% (Avg. Age 28.6-29.9)

60-80% (Avg. Age 30.1-32.2)

80-100% (Avg. Age

32.5+)

0 1M 2M 3M 4M 5M 6M 7M 8M

2.2M

2.9M

7.0M

2.9M

1.9M

2.4M

3.0M

4.4M

1.7M

1.0M

2019 2020

Growth in median U.S. installs by average age cohort among the top 100 social apps in 2020

+90%

+71%

+59%

-3%

-8%

Top Apps by Y/Y Download Growth

Wink

Zynn

TikTok

Facebook

Parler

Yubo

Rave

Discord

Pinterest

Google Duo

Hoop

Airtime

Houseparty

Hangouts

Messenger Kids

#1 #2 #3

Apps popular among younger users saw their median downloads nearly double Y/Y in 2020, while the median downloads for apps with average age above 30 decreased. Top apps by download growth among the youngest user cohort included apps for finding friends and socializing in-app.

In 2020, the highest growth apps among older users were mostly well-established at the top of the category. Younger users provided opportunities for newly emerging apps.

Note Regarding Download and Age Estimates Population of apps includes the top 100 apps by U.S. downloads each quarter across the App Store and Google Play. Apps include any with Social Networking as their primary App Store category or Social as their Google Play category. Average age is among the same top 100 apps, and is App Store only.

App Trends: Mobile Hangouts

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Page 36: Mobile App Industry Trends 2021 - Sensor Tower

36

Top New Apps Focus on Socializing and Finding FriendsTop social apps by Y/Y U.S. download growth among those with < 3M U.S. installs in 2019

Zynn .

Parler .

byte .

Wink .

Yubo .

IRL .

Hoop .

Bunch .

Rave .

Threads from Instagram .

Official Trump 2020 .

Itsme .

Airtime .

Tiya .

GoLocator .

Omegle .

Litstick .

Hippo .

Yee .

Playsee .

0 1M 2M 3M 4M 5M 6M 7M 8M 9M 10M

Make New FriendsWatch TV / Play Games TogetherOther

Many of the top emerging social apps in 2020 are meant for making new friends, including Wink, Yubo, and Hoop. Other top apps by year-over-year growth were for watching TV or playing games together over a video call.

Top growing social apps like Wink, Yubo, and Hoop had similar features to other social or dating apps, but were simply marketed for finding friends or socializing remotely during COVID-19. Adapting quickly to demographic trends can give an app an advantage in such a competitive and ever-changing space.

App Trends: Mobile Hangouts

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Page 37: Mobile App Industry Trends 2021 - Sensor Tower

37

Yubo Pulled Away from Its Competitors in Late 2020Monthly U.S. downloads for friend finding and group video apps

0% 1%0

200K

400K

600K

800K

1.0M

1.2M

1.4M

Jan-20

Feb-20

Mar-20

Apr-20

May-20

Jun-20Jul-2

0

Aug-20

Sep-20Oct-2

0

Nov-20

Dec-20

Bunch

Wink

Yubo

Rave

Hoop

Yubo Bunch Hoop Wink Rave Airtime

Airtime

Apps for playing games or watching TV with friends saw large download surges in the first half of 2020, including Bunch, Rave, and Airtime. With Yubo as a notable exception, downloads for each app fell back between 100 and 250K in December 2020.

Yubo set itself apart from other top emerging social apps by maintaining higher monthly installs through the end of 2020. This demonstrated the benefit of having a larger existing presence prior to 2020 compared to its competitors, as well as consistent advertising on ad networks like TikTok.

App Trends: Mobile Hangouts

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Page 38: Mobile App Industry Trends 2021 - Sensor Tower

Peak

Qua

rter

Inst

alls

0

1M

2M

3M

Airtime Hoop Yubo Tiya Omegle Bunch Wink Yee Rave Itsme- Hippo

Q1 Downloads Q2 Downloads Q4 Downloads Q4 as % of Peak

38

Staying Power Is a Challenge for Emerging Social AppsTop friend finding and group video apps by peak quarter relative to Q4 downloads in 2020

16%

24%

67%

Q4

0%

51%

35%

1%

47% 56%

51%

Q2

Q2

Q2Q2 Q2

Q2Q2

Q2

Q1

Q1

Nearly all of the top emerging social apps saw their downloads peak in the first half of 2020. Very few were able to sustain this level of success into Q4. Yubo was the only top friend finding / group video app to reach even two-thirds of its download peak in Q4.

Many social apps were able to attract over 1 million new users in 2020. Retaining this young user base will be the challenge throughout 2021 as the world begins to re-open.

App Trends: Mobile Hangouts

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Page 39: Mobile App Industry Trends 2021 - Sensor Tower

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Sensor Tower Terms of UseThis report and all original content contained within are wholly owned by Sensor Tower, Inc. © 2021.

Modification, republication, distribution, or other unauthorized usage violate this copyright, unless express permission has been granted.

App icons, images, and other branding assets are property of their respective publishers and are used expressly for the purpose of editorial commentary.

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