From video to retail, audio and gaming, and many other areas, subscriptions are all the rage these days. Recent Data from Sensor Tower reveals that all over the world, mobile users are spending more on subscriptions – a growing force in the in-app purchases realm.
This past year, the top 100 non-game subscription apps comprised roughly 14% of the total ($131.6 billion) that people spent on in-app purchases last year for both non-game apps and mobile games. This 14% share represents a significant climb from 11.7% the year earlier. All told, the top 100 non-game subscription-based apps enjoyed a revenue boost of 41% year-over-year, from $13 billion to $18.3 billion.
Within the U.S., growth was even faster: the $8.5 billion that people in the U.S. spent on the top 100 non-game mobile apps offering subscriptions last year was a 44% increase from $5.9 billion in 2020, which itself had been up 28% from 2019.
Sticking with the U.S., that $8.5 billion figure for the top subscription apps was 21% of the total $40.7 billion spent on in-app purchases, meaning that subscriptions represented an even larger chunk of the pie in the US than globally.
Most Spending is Occurring on the App Store
Globally, subscription-based app downloads generated more spending on the App Store than on Google Play, per the report. People spent $13.5 billion on the top 100 subscription apps on the App Store last year, almost 3 times more than the $4.8 billion they spent on Google Play. It’s true, though, that spending grew more for these apps on Google Play (+78% year-over-year) than on the App Store (+31%).
A similar trend played out in the U.S. The $6 billion in U.S. spending in the top 100 non-game subscription apps on the App Store was more than double the $2.5 billion spent on Google Play. However, spending growth was more rapid on Google Play (+78% year-over-year) than on the App Store (+33%).
Within the U.S., Google One was the top subscription app last year by spending, followed by Disney+, YouTube, HBO Max, and Tinder. The presence of video streaming apps at the top of the list isn’t surprising given that people are increasingly stacking their video subscriptions.
YouTube was the top subscription app in the US on the App Store by revenue, followed by Tinder, Disney+, HBO Max, and Hulu. On Google Play, Google One topped the list, ahead of Disney+, HBO Max, Pandora, and Twitch.
Globally, YouTube led the way, ahead of Tinder, reflecting the top 2 positions on the App Store. On Google Play, it was Google One that drew the most spending among subscription apps, ahead of Piccoma.
SOURCE: SensorTower, 275 Battery Street, Suite 800, San Francisco, CA 94111