AppsFlyer, the provider in marketing measurement, attribution, and data analytics, has released its annual lookback at the past year's mobile app trends. The year saw notable growth in user acquisition ad spend and revenue fueled by increasingly advanced monetization strategies and the expanded use of AI in marketing. The findings reflect the industry’s increasing understanding of how to adapt to the ongoing changes in the market.
A decisive boost for the non-gaming space was an unmissable trend for 2024. In-app purchases (IAPs) grew nearly 20% outside gaming, driven by sophisticated monetization strategies but also inflation-related price increases. For gaming, IAP revenue was either quite stable, or slightly declining (Casino +4%, Midcore -2%, Casual -5%). Non-gaming ad spend also experienced an increase, rising 8%, in contrast with a 7% decline in gaming categories. Within this trend Finance apps led with a significant 61% year-over-year (YoY) increase, driven by developments including growth in Crypto and FinTech, while Travel ad spend rose 20%. Shopping ad spend saw a modest decline of 8%, reflecting normalization after a 2023 surge driven by large Asian players’ aggressive worldwide market penetration.
“Last year was a decisive year for the app economy, as the data shows not just spend increases, but continued maturity and nimble creativity from marketers,” said Brian Quinn, President and GM at AppsFlyer. “In 2025, we expect further integration of gaming and non-gaming sectors, refined monetization strategies, and greater adoption of owned media technologies like deep linking, which will drive personalization and hybrid experiences. Mobile marketing will be more than a tool in the toolbox for major brands, but a more prevalent focus in a larger omnichannel strategy. AppsFlyer remains committed to empowering businesses with the insights and resources they need to succeed in this dynamic environment.”
AppsFlyer’s 2024 Mobile App Trends are based on an anonymous aggregate of proprietary global data, excluding China, across 35,000 apps spanning gaming, e-commerce, lifestyle, and more. The analysis incorporates 140 billion installs, 53 billion remarketing conversions and extensive app engagement metrics on iOS and Android platforms.
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