Summary
Subscription-Based Apps: Most Popular Apps and App Categories in 2020
Subscription-Based Apps: Most Popular Apps and App Categories in 2020
Michael
Michael
Sep 27, 2020
Sep 27, 2020
Subscription businesses are growing around the world. Subscription plans create an incentive for the companies to improve their service or product to increase customer retention. For a customer, a subscription allows testing a new service with just a small initial payment.
Mobile apps are embracing the trend for the subscription monetization model. App Annie reported that in-app subscriptions accounted for $32 billion consumer spend in App Stores in 2019. And that figure has increased two-fold since 2016.
Subscription businesses are growing around the world. Subscription plans create an incentive for the companies to improve their service or product to increase customer retention. For a customer, a subscription allows testing a new service with just a small initial payment.
Mobile apps are embracing the trend for the subscription monetization model. App Annie reported that in-app subscriptions accounted for $32 billion consumer spend in App Stores in 2019. And that figure has increased two-fold since 2016.
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