This Week in Apps recaps the latest in mobile OS news, mobile applications and the overall app economy.
According to the latest year-end reports, the app industry has continued to grow, with a record number of downloads and consumer spending across both the Apple and Google Play stores. App Annie says global spending on third-party app stores in China grew 19% in 2021, reaching $170 billion. Downloads of apps grew by 5%, reaching 230 billion in 2021, and mobile ad spend grew 23% year-over-year to reach $295 billion.
Consumers are spending more time in apps than ever before, even topping the time they spend watching TV in some cases. The average American watches 3.1 hours of TV per day, but they spend 4.1 hours on their mobile device in the year 2021. They are not the world's heaviest mobile users. Users in markets like Brazil, Indonesia, and South Korea spent more than five hours per day on their mobile phones.
It's not just a way to pass time. They can become big businesses. In the year of 2021, 233 apps and games generated over $100 million in consumer spend and 13 topped $1 billion in revenue. This was up 20% from 2020 when only eight apps topped $1 billion.
This Week in Apps gives a place to keep up with the latest from the world of apps, including news, updates, startup fundings, mergers and acquisitions, and suggestions about new apps and games to try.
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The world is horrified by Russia's invasion of Ukraine.
Many people are watching the conflict unfold in real time on TikTok, which has found itself squarely in the middle of the international conversation as a source for firsthand information from the region. In a number of cases, misinformation.
There is something unique about TikTok's window into the world and it isn't a new phenomenon. The juxtaposition of war footage with videos of cooking, fashion, dance and humor is a reminder of what life is supposed to be like. It is possible that a short scroll back through the profiles of the creators-turned-citizen journalists shows that they were uploading everyday content, including scenes from their lives with family and friends. Maybe it's the fact that TikTok creators have always come across as more authentic than those on social media, where they are more polished and perfect.
The video platform has been providing military intelligence with its videos of weaponry, planes, vehicles, rockets, soldier movements, protests and more, captured in short clips by everyday citizens. Young adults went live from underground train stations which have turned into bomb shelters, while a man walking his dog was filmed as a missile launchers passed by. And so on.
TikTok's advanced algorithm is involved in getting this footage seen. The more coverage you get on TikTok, the more you will get on your For You page. It remains to be seen how or if TikTok will moderate, elevate or suppress any of this content, but for the time being, it's all relatively easy to find.
The image is from TRUTH Social.
According to Sensor Tower data, the TRUTH Social app gained over 400,000 downloads by the end of the week. It's difficult to determine if those figures represent true consumer demand, for example, if media reporting on the launch was related to curiosity seekers or Trump die-hards.
Many people who wanted to engage with the service received error messages when trying to create an account, and others were placed on a waiting list. Some people reported that they never received their email verifications and that they couldn't move past the verification step. It was a rocky launch. Without immediately gaining access, some of the more casual early adopters may not quickly return, even though TRUTH Social is still an app. Almost 25% of users will only open an app once.
Trump’s TRUTH Social launches at the top of the App Store, but no one can get in
It is possible that TRUTH Social has a verified Trump account, but it is not the only place for conservatives to gather.
TRUTH Social could end up being an echo chamber for the right, which could limit its appeal to a mainstream audience who would rather hear from both sides on a given topic. The main goal of the app is to stoke fires within Trump's base.
Meta is the image credit.
This week, Facebook Reels became available in more than 150 countries after being publicly launched in the U.S. The feature allows creators to share short-form video content on Facebook or cross-post it to other platforms in order to reach a broader audience. Facebook introduced more creative tools after the global roll out. New ways for creators to make money from their Reels through advertising and virtual tipping were detailed.
The company said it is expanding the tests of Facebook Reels to all Reels creators in the U.S., Canada and Mexico. The test will be expanded to nearly all the countries where in-stream ads are already available. These new ads are not interruptive and sit on top of the playing content instead of pausing the video to show them. Banner ads are placed at the bottom of a reel, while stickers are static images that can be placed anywhere within the reel. Half of the ad revenue is retained by the creators. The ability to monetize a following could encourage creators to at least keep Facebook in the mix when considering publishing destinations, but it may not be enough to oust TikTok from its current top spot.
The image is from Sensor Tower.
The top 100 non-game, subscription-based apps saw their consumer spend increase from $13 billion in 2020 to $18.3 billion in 2021, according to a new report from Sensor Tower. This is just a small portion of the total revenue from in-app purchases across both apps and games, which totaled $131.6 billion in 2011. This group's portion of the market is growing. For comparison, in 2020 subscription revenue in non-game apps represented just 11.7% of the total consumer spend.
The data showed that the U.S. figures were in line with global trends. The top 100 non-game subscription apps were spent $8.5 billion in the US last year, up from $5.9 billion in 2020 and more than double the rise seen the year prior. U.S. consumers spent over 40 billion dollars on in-app purchases.
App store revenue has become dominated by subscriptions. In the fourth quarter, 90 of the top 100 apps included a subscription. This figure is down from the previous two quarters, the 92 in Q4 2020 and the 93 in Q4 2019.
Siri gains a new gender-neutral voice option in latest iOS update
The image is from the Tumblr.
The image is from the internet search engine, Google.
Lightricks is an app maker that publishes popular apps like Facetune and Videoleap. The investment is not public.
Backbone raised $40 million in Series A funding from a celeb-filled list of investors. On the tech side, the co-founders of Discord, Nick Fajt, and Patrick Spence invested.
Pakistan-based payments and messaging super app NayaPay raised $13 million in seed funding. 5 million users will be onboarded by the next five years.
Niyo raised $100 million in Series C funding. More than 4 million people use the app for banking and wealth management.
Hopper acquired Paris-based Smooss, which helps travelers with alternate routes when flights are disrupted. Air France-KLM has a partnership with the deal.
Sanctuary acquired astrology video platform Hey Hero, which offers asynchronous video reading from psychics and astrologers. The deal terms were not disclosed.
Fireside is currently raising a $25 million Series A round and is looking to make a push into web3.
The language learning app, which uses excerpts from films and TV to help teach, raised $2.7 million in seed funding. After 51 million downloads, the app has an annual revenue run rate of $32.4 million.