Sensor: Q3’s global application revenue rose 32 percent this year to more than $29 billion.

According to Sensor Tower Store Intelligence, according to preliminary estimates, consumers spent $29.3 billion on mobile apps in the third quarter of this year, with installs of the Apple App Store and Google Play climbing to $36.5 billion. Both indicators experienced significant year-on-year growth, with mobile user spending up 32 percent from $22.2 billion in the third quarter and installations up 23.3 percent from $29.6 billion in the same period last year.

By comparison, spending increased by 24% in the third quarter of 2018-2019 and installations increased by 9%. This above-normal growth reflects the continuing impact of COVID-19 on consumer spending on applications and the continued increase in global penetration of applications.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

Global mobile and gaming app revenue in the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

The world’s top-selling app in the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

Mobile app downloads in the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

The world’s most downloaded apps in the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

Mobile game revenue for the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

The world’s top-selling game in the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

Mobile game downloads in the third quarter of 2020.

Sensor: Q3's global application revenue rose 32 percent this year to more than $29 billion.

The world’s most downloaded games in the third quarter of 2020.

As a result of the new coronavirus pandemic, it is clear that consumer behaviour in 2020 has been unexpected and could have far-reaching consequences. As we move into the fourth quarter, there is no doubt that new trends will continue.