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App downloads decline 2.3% in 2024, but consumer spending grows to $127B
The app economy has seen a significant shift in the past year, with a decline of 2.3% in app downloads globally. Despite this decline, consumer spending continued to grow, reaching an astonishing $127 billion.
According to Appfigures, a company that tracks app trends and data, Instagram was the most downloaded app in 2024, with over 10.6 billion downloads worldwide. This is a significant increase from the previous year’s numbers.
It is worth noting
Source: techcrunch.com
