It was revealed how much money users spent on TikTok: a record has been broken!
January 11, 2024
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The year 2023, which ended recently, was also very active for mobile applications. A new report shared by Data AI, which publishes market data, revealed how much money
The year 2023, which ended recently, was also very active for mobile applications. A new report shared by Data AI, which publishes market data, revealed how much money is being spent on mobile applications.
The data covers how many apps are downloaded and how much time is spent on apps, as well as the money spent. The money spent on TikTok, the most popular application at the moment, shows that a record has been broken.
Users spent $10 billion on TikTok
According to the report, TikTok reached record levels of in-app spending. Costs in practice, exceeded $10 billion. This is TikTok’s success in reaching this amount. first application (games not included) revealed.
The reason TikTok is reaching the $10 billion level is largely due to “tipIt happened with the ” system. This system allowed users to send money to certain content creators through a system called “tips.” A report last December found that consumers will have spent $3.8 billion on TikTok by 2023 However, the 10 billion level was exceeded.
We spent more money, we started spending more time on apps
Apart from this, the data shows that the amount of money spent on app stores in 2023 to $171 billionshowed that this increased by 3% compared to the previous year. Advertising spend rose 8% to 362 billion, making it larger than the economies of countries such as Colombia and Finland. As for downloading 257 billion download saved. This corresponds to an increase of 1% on an annual basis. It also means that 489 thousand applications are downloaded per minute.
Users in applications 5 hours a day spent. Indonesia was the country that spent the most time at 6 hours a day. Indonesia was followed by Thailand, Argentina, Saudi Arabia and Brazil. Total spent The hour is 5.1 trillion, i.e. recorded as 14 billion hours per day. Both data showed an increase of 6% compared to 2022. Money spent on non-gaming applications increased by 11% to 64 billion. Social media platforms, especially TikTok, led this increase, along with applications for movies and TV shows.
For the most successful apps of 2023 on Android and iOS:
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Emma Ortiz is a gadget expert and author at Div Bracket. She provides in-depth coverage of the latest and greatest in consumer technology, offering readers an inside look at the latest trends and innovations in the world of gadgets.