Consumer spending on video and photo apps increased by 34%

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Consumer spending on video and photo apps increased by 34% in the second trimester of 2021 compared to the same period of 2020 and rose from 342 million to 457 million.

Twitch continues its growth… While YouTube usually holds the top spot, Twitch is changing the game and overtaking the popular video app in terms of revenue per download with 6.20 dollars per download while YouTube takes 5.60 dollars per download.

The TikTok app keeps the first position on the app stores with over 34.6 million downloads on US app stores, compared to 17.7 million downloads for Instagram and 14.2 million for Snapchat.

Source: BusinessofApps

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