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app market

App Annie Forecasts Global Consumer Spend via App Stores to Grow to $156.5 Billion by 2022

The App Economy Sees Robust Growth Across Categories in Both Emerging and Mature Markets App Annie, the leading provider of app data and insights, recently released the third annual app market forecast, which projects global app store growth for the next five years. App Annie forecasts that consumer spend on apps will reach $156.5 billion in 2022 as a result of a rapidly growing install base and increasing spend per device in more mature markets. Average spend per consumer reached $20.94 in 2017 and is forecast to rise to…