Tinder Surpasses Netflix to become top Revenue Earning app in Q1 2019 – Report
Well, as the first quarter of 2019 has completed we got a report from a mobile app intelligence firm called Sensor Tower. According to the report the dating App Tinder has surpassed Netflix to become the top revenue earning app. Apart from this, there is a lot of data that has been shared in the report which says that TikTok is the third most installed app globally following Facebook’s WhatsApp and Messenger respectively.
Netflix has gone down handing over its top revenue spot to Tinder app for the Q1 of 2019. The Tinder app has seen revenue growth of 42 percent Y/Y in the quarter which is approximately $260.7 million, up to $183 million in the first quarter of 2018. The total Netflix user spending across the App Store and Google Play for the quarter was around $216.3 million globally that has gone down from $255.7 million in Q4 2018 which is a 15 percent drop.
This is because Netflix has removed in-app subscription on iOS and it also retained 15 to 30 percent more subscribers revenue on users not billed via App Store. From the last quarter of 2016, Netflix has been on the number one spot for the world’s top-earning non-gaming application on both the stores until the Q1 of 2019.
Users around the Globe have spent over & 19.5 Billion (approx Rs. 13,49,42,92,50,000) on the Google Play and Apple App store in the first quarter of 2019 and it also represented a 16.9 percent year-over-year increase. In the first quarter of 2018, both these stores got a $16.7 Billion combined gross consumer spend subscriptions, Premium apps, and in-app purchases together.
Google Play revenue has grown 20.2 percent year-over-year to around $7.1 Billion which is about 57 percent of the App Store total up to from $5.9 Billion in Q1 2018. On the other hand, Apple’s App Store has accounted for around 64 percent of the revenue generated by both the stores in the Q1, 2019 while the users spending on the platform of around $12.4 Billion globally.
The first-time app installed has grown 11.6 percent Y/Y to 28.1 Billion while Google Play accounting for about 74 percent of it. This is a growth of 18.8 percent for Google Play Store Y/Y and says 17.4 Billion in the 2018 Q1. The total Installs of the App Store have decreased Y/Y last quarter to 7.4 Billion which is a 4.7 drop. Reports also claim that this drop could be because of the reduced installs in China due to government’s pause on mobile game certification.
Downloads on China’s App Store has fallen 21 percent Y/Y but grew 3.6 percent outside it. The top mobile games for the Q1 2019 on App stores and Google Play has been Honor of Kings from Tencent while which is also the world’s top-earning mobile app across all the categories. PUBG has also entered into the top 10 list of revenue for the first time in the last quarter. What are your views on this Report? Are surprised with the stats? Comment in the section to share your views and stay tuned to PhoneRadar for more news and updates.