Smartphone users spent $133 billion on games, apps in 2021: Report
Smartphone users spent $133 billion on games and applications in 2021, according to a report.
Released on Monday, the report by Burga.com, an e-commerce platform that sells smartphone accessories disclosed that the amount spent on games and applications in 2021 grew by 19.71 per cent from $111.1 billion in 2020.
Burga.com in the report detailed that smartphone users spent $370 million daily on mobile apps and games in 2021 surmounting to a cumulative sum of $11 billion monthly.
“Consumers globally are projected to spend $133 billion on mobile apps and games in 2021 for both Google Play and App Store,” the report said.
“Users are approximately spending $370 million daily, translating to $11 billion monthly on mobile apps and games in 2021,” it added.
The report revealed that smartphone users spent more on Apple store, despite downloading more apps and games from Google play.
It said users spent $85.1 billion on games and applications from the app store while $47.9 billion was spent on Google Play.
Burga.com projected that apps and game downloads will hit $143.6 billion at the end of 2021.
The 2021 downloads represent a slight growth of 0.48% from the 142.9 billion recorded in 2020.
On App download, Google Play accounts for the highest figure at $111.3 billion, with the app store getting $32.3 billion downloads at the end of 2021.
The report projected that app downloads and spending will likely surge further, citing increasing smartphone and internet penetration.
Giving reason for the increase in usage and downloads of applications, the report explained that most businesses now leverage smartphone devices to offer various services.
More from Peoples Gazette
Economy
Kogi, Ogun, Cross River top Nigeria’s mining sector: NBS
Kogi accounted for 12.50 million tons, Ogun 12.11 million tons, and Cross River 8.90 million tons. It, however, said Borno recorded the least production in 2020 with 5,060 tons.
Abuja
JUST IN: Bandits kill FIRS manager after collecting N7 million ransom
Despite paying N7 million ransom to secure his release, bandits have murdered Shila Ojebola, a Federal Inland Revenue Service (FIRS) staff.
Economy
Paris Club Refund: FG, governors suit over $418 million debt continues December 21
On December 7, when the matter came up, Mr Ekwo had refused to vacate the earlier order restraining the federal government from tampering with the states’ funds.
Sport
Sixty players in camp for Hockey Africa Cup of Nations
Sixty players are in camp and expected to undergo screening ahead of the Hockey Africa Cup of Nations scheduled for Accra, Ghana, in January 2022.
Showbiz
Ed Sheeran to join Fireboy for ‘Peru’ remix
“I got sent this a week ago from a friend of mine, Jamal. He said, ‘Fireboy DML would love you on the remix of this song’,” said Sheeran.
Education
Why UI emerged best university in Nigeria, FUTA came second: NUC Committee
“For this 2021 edition, based on the 12 indicators that we have developed, University of Ibadan is the first followed by the Federal University of Technology Akure.”
