Appfigures reports that overall app downloads are decreasing. Revenue index though is increasing according to the same report.
9to5Macs report that App Store revenue fell 5%, games category fell 14%.
The App Store saw declines in markets including the U.S., Canada and Japan, Morgan Stanley analyst Erik Woodring wrote in a report Monday. His analysis was based on data from Sensor Tower, a firm that tracks app downloads and sales.CNBC
Morgan Stanley said the main culprit for the drop was gaming revenue, which was down 14% in September, according to the data.
According to Sensor Tower almost a thousand developers earned $1M for the first time in 2021. Of those 581 are on App Store and 325 on Google Play.
Report also contains more information on app category distribution.
Report by Sensor Tower provides info on app spendings in 2021.
App Store still leads in app spending having $85.1B vs $47.9B in Google Play.