This question is about mobile app industry statistics.

How big is the mobile app industry?

By Zippia Team - Jun. 29, 2022

With over 5.7 million apps spread across the largest app stores, the mobile app industry is huge. A whopping 230 billion app downloads occurred worldwide in 2020, increasing 63.5% from 2016.

And all of these app downloads (despite most being free) make tons of money. As of 2021, global consumer spending on apps reached $133 billion, and by 2023, mobile apps are projected to generate at least $935 billion in revenue.

With all of that in mind, it's easy to see just how massive the global mobile app industry truly is.

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