App market sees record consumer spending in Q1 2023

According to research from data.ai, the global app market is demonstrating remarkable resilience.
Mobile consumers are expected to spend an astounding $34.1 billion in app stores in Q1 2023, marking the highest quarterly spending on record.
Data.ai’s Q3 2022 Market Pulse Report revealed a slight year-over-year decline in consumer spending, dropping from $33.7 billion in Q3 2021 to $32.4 billion.
iOS appears to be recovering at a 5% year-over-year increase, generating $21.8 billion, while Google Play jumped 7%, grossing around $12.3 billion.
iOS accounts for 65% of app store spending, indicating that iOS users outpace their Android-using counterparts.