Market (Overall)Ā·Updated Mar 17, 2026 by Adjust
Report Ā· January 1, 2022
The global mobile ecosystem experienced significant expansion throughout 2021 and into 2022, characterized by record-breaking consumer spending of $170 billion and a projected ad spend of $336 billion. Despite initial concerns regarding privacy changes following the release of iOS 14.5, the industry demonstrated remarkable resilience as App Tracking Transparency opt-in rates reached 25% globally, far exceeding early market expectations. This growth was distributed across key verticals including fintech, e-commerce, and gaming, with mobile e-commerce sales alone reaching $3.56 trillion. The fintech sector emerged as a primary driver of engagement, with installs and sessions rising by 34% and 53% respectively. While traditional banking and payment apps maintain the highest market share, cryptocurrency and stock trading platforms saw the most intense user activity, with session lengths nearly doubling. However, this heightened interest triggered a sharp increase in acquisition costs, with fintech eCPIs rising from $1.05 to $3.40 over the course of a year. Similarly, e-commerce apps saw a 46% surge in in-app revenue despite rising costs and declining retention, signaling a shift where users are spending more money and time per session even as new user acquisition becomes more expensive. Mobile gaming remains the dominant force in the app economy, accounting for 52% of total consumer spend. Global game installs grew by 32%, led by the hyper-casual subvertical, though action and adventure titles commanded the highest levels of engagement and session frequency. While Day 30 retention rates for games nearly doubled to 9%, the industry faces a growing divide between high-volume downloads and long-term stickiness. As user acquisition costs continue to climb across all regionsāparticularly in LATAM and EMEAāthe focus for developers has shifted from pure volume to maximizing lifetime value and implementing sophisticated re-engagement strategies to sustain growth in an increasingly competitive landscape.
2 Mobile app trends 2022 Introduction .................................................................................................................................... 3 iOS 14.5+ and the opt-in ...........................................................................................................................5 Proving ROI on Connected TV campaigns.......................................................................................7 The verticals....................................................................................................................................... 8 Fintech .............................................................................................................................................................9 E-commerce ............................................................................................................................................... 10 Gaming ............................................................................................................................................................11 Top takeaways .................................................................................................................................12 The methodology .........................................................................................................................13 Part 1: Fintech..................................................................................................................................14 Installs and finding users ........................................................................................................................14 Sessions and user behavior ....................................................................................................................21 Top fintech takeaways ............................................................................................................................28 Part 2: E-commerce .................................................................................................................. 30 Installs and finding users ...................................................................................................................... 30 Sessions and user behavior ...................................................................................................................
.... 30 Installs and finding users ...................................................................................................................... 30 Sessions and user behavior ................................................................................................................... 37 Top e-commerce takeaways ................................................................................................................43 Part 3: Gaming ...............................................................................................................................45 Installs and finding users .......................................................................................................................45 Sessions and user behavior ...................................................................................................................55 Top gaming takeaways............................................................................................................................63 Conclusion ......................................................................................................................................64 Contents
2021 was another transformative year for the fast-moving world of app marketing. The global shift toward mobile continued as more users than ever turned to apps for entertainment, information, and completing essential daily tasks. The industry successfully grappled with the broad shifts to consumer patterns and user habits brought about by the COVID-19 pandemic, including sustained lockdowns and social distancing rules. It also faced new challenges as user privacy, spearheaded by the rollout of iOS 14.5 in April, took center stage. Despite these challenges, the mobile app ecosystem continued to thrive, demonstrating how robust and adaptable the app marketing industry is and how adept advertisers and developers are at finding and retaining audiences in markets across the globe. In 2021, consumer spend on mobile apps reached US$170 billion, marking a 19% increase from 2020. Ad spend also reached a record US$288 billion and is predicted to grow to $336 billion in 2022. The mobile app industry is bigger than ever and shows no signs of slowing down as consumer reach broadens and the quality of services offered continues to exceed expectations ā and revolutionize to meet diverse demands. In 2022, the competition is fierce, but the opportunity is exponential. This report draws on internal data and expert industry analysis to provide marketers with the insights needed to drive performance and empower a comprehensive understanding of audiences via actionable data. Introduction
Mobile app trends 2022 4 Simon Dussart, CEO ā The mobile app marketing industry has continually demonstrated its ability to take on challenges and distinguish itself via adaptability and rigorous dedication to quality. Apps not only provide outstanding, globally leading entertainment formats and convenient ways to complete tasks that enhance our daily lives, but they also solve problems and empower users in markets all around the world. 2022 will continue to pose challenges, but also itās a year of opportunity, as the need and want for apps is more pronounced than ever.ā
5 Mobile app trends 2022 Itās been almost one year since iOS 14.5 was rolled out and Appleās AppTrackingTransparency (ATT) framework requiring user consent to share the Identifier for Advertisers (IDFA) became a reality for mobile marketers and developers. Since the first announcement of the change at the Worldwide Developers Conference in June of 2020, the mobile advertising ecosystem was sent into overdrive and pushed to reassess the way it approaches user privacy, targeted advertising, and user acquisition in general. While the industry has largely adapted and come to understand the benefits of working with a mix of ATT opted-in, device-level data, and aggregated SKAdNetwork data, getting the opt-in has become a pivotal strategic starting point. Early predictions hypothesized industry-wide opt-in rates as low as 5%, but recent Adjust data shows that this figure is actually sitting at approximately 25% (having grown from 16% in May 2021), and that for gaming, itās hit 30%. Data from AppLovin owned studios shows even more promising results, with multiple popular games yielding opt-in rates of as high as 75%. Consent rates do, however, vary widely, but we expect to see a continued upward trend as more users understand the value of opting in and receiving personalized advertisements ā something the gaming industry has been most successful in presenting until now. ATT opt-in rate by vertical iOS 14.5+ and the opt-in Early predictions Industry-wide Gaming E-commerce Fintech Health & fitness Entertainment Lifestyle Social Travel Publications Percentage of users opting in following prompt-served 5% 11% 22% 25% 11% 17% 30% 14% 10% 21% 15%
Mobile app trends 2022 6 ā The traditional paradigms around mobile advertising have been disrupted this past year with an accelerated embrace towards privacy. While privacy has always been part of Snapās DNA, it has catalyzed a fundamental shift in our approach to measurement, made possible by part- ners like Adjust. Despite these headwinds, Snap has seen a 50% YoY growth in our App Install objective in Q4ā21, proving yet again how resilient the app ecosystem can be.ā Sheila Bhardwa, Measurement Partnerships Manager
The mobile app industry experienced a period of robust expansion throughout 2021, characterized by $170 billion in consumer spending and $288 billion in advertising expenditures. Despite the implementation of Appleās App Tracking Transparency framework, the sector demonstrated unexpected resilience as global opt-in rates reached 25%, significantly outperforming initial industry forecasts. This growth was distributed across several key verticals, with fintech and gaming leading the surge in installs at 35% and 32% respectively, while e-commerce maintained steady upward momentum with a 12% increase in downloads. Fintech emerged as a primary driver of engagement, particularly within the asset management and cryptocurrency subverticals. While traditional banking and payment apps maintained the highest share of installs, crypto apps achieved record session lengths exceeding 15 minutes. This heightened engagement occurred alongside a sharp rise in acquisition costs, with effective cost-per-install (eCPI) for fintech apps more than tripling. Consequently, developers are increasingly pivoting toward subscription-based models to ensure long-term profitability and offset the rising price of user acquisition. The e-commerce and gaming sectors mirrored this trend of higher costs paired with increased user value. Although e-commerce retention rates saw a slight decline, total in-app revenue jumped by 46%, driven by longer session durations in marketplace apps. Similarly, the gaming industry saw hyper-casual titles dominate download volumes while adventure and strategy games secured deeper engagement. Across all sectors, the transition toward higher-quality user bases is evident; while it is becoming more expensive to acquire users, those who remain are spending more time and money within apps, making retention and lifetime value the critical metrics for sustained success in a maturing mobile market.
The mobile app industry underwent a transformative period of growth in 2020, characterized by a 50% year-over-year increase in global installs and a total consumer spend of $112 billion. While the fintech sector led in raw install growth at 51%, the gaming industry remained a dominant force with a $165 billion valuation, driven by a 43% surge in hyper-casual downloads. E-commerce demonstrated a distinct trend toward intensified user engagement; despite a modest 6% rise in installs, the vertical experienced a 44% increase in sessions and a 58% jump in in-app transactions, signaling a shift in consumer behavior toward deeper digital integration. User engagement metrics across the ecosystem reflected this heightened activity, with overall sessions rising by 30%. Fintech and e-commerce sessions saw particularly sharp increases of 85% and 44%, respectively. Within the gaming sector, performance varied significantly by sub-genre. Hyper-casual titles relied heavily on paid acquisition and faced rapid churn, whereas non-hyper-casual games maintained superior retention, reaching median session lengths of 45 minutes by day 30. Cost structures also diverged sharply, as acquisition costs for general gaming peaked at $2.52 per install in the fourth quarter, while hyper-casual costs plummeted to a low of $0.27. Sustaining growth in this increasingly competitive landscape requires a strategic pivot from volume-based metrics to sophisticated behavioral analytics. Developers must prioritize retention rates and effective cost per install (eCPI) to refine onboarding processes and ensure long-term profitability. Success in the current market depends on a data-driven, UX-centric approach that utilizes automation and real-time measurement to navigate evolving privacy regulations, such as iOS 14. Ultimately, the path to maximizing return on investment lies in personalized marketing campaigns and a granular understanding of vertical-specific user behaviors.
The mobile application market entered a period of significant transition in 2023, navigating a complex landscape defined by economic volatility and evolving privacy regulations. Despite these headwinds, the industry achieved a record half-trillion dollars in combined advertising and consumer spending. While global advertising growth slowed to 14% and consumer spending experienced a marginal 2% decline, the sector demonstrated remarkable resilience through strategic adaptations. Key shifts include a rising App Tracking Transparency (ATT) opt-in rate of 29% and an increased reliance on media mix modeling and Connected TV (CTV) to optimize return on investment in a privacy-centric environment. Sector-specific performance reveals a stark contrast between industries. Fintech and e-commerce emerged as primary growth drivers, with fintech in-app revenue surging over 90% between late 2022 and early 2023. E-commerce sessions grew by 12%, supported by record-breaking revenue peaks in late 2022. Conversely, the mobile gaming industry faced its most challenging year on record in 2022, marked by a 12% decline in installs and a 9% drop in consumer spending. However, early 2023 data indicates a nascent recovery for gaming, with installs and sessions rebounding by 10% and 11% respectively over previous averages. The current market environment necessitates a shift from broad acquisition strategies toward long-term user retention and sophisticated measurement. As retention and "stickiness" remain persistent challenges across all verticals, developers are increasingly prioritizing reattribution campaigns, personalized onboarding, and loyalty programs. Success in the coming years depends on the adoption of advanced analytics and cross-platform insights to navigate data-privacy requirements. By leveraging these tools, stakeholders can effectively drive user acquisition and maximize lifetime value in an increasingly competitive global marketplace.
The mobile app industry demonstrated significant resilience throughout 2023, characterized by a global advertising spend of $362 billion and a late-year surge in installations. While the landscape faced challenges such as rising acquisition costs and evolving privacy regulations, the fintech and e-commerce sectors emerged as primary growth engines. Fintech experienced a 42% increase in installs and a 118% surge in in-app revenue, while e-commerce saw a 43% year-over-year rise in installs alongside a 34% increase in revenue. These sectors successfully optimized their acquisition strategies, with banking eCPIs falling from $2.33 to $1.37, allowing marketers to achieve rapid returns on investment within the first week of user acquisition. The gaming sector navigated a more complex trajectory, ending the year with a 2% annual decline in installs despite a notable recovery in the fourth quarter. This rebound was driven by a 7% year-over-year growth in installs and the emergence of the hybrid casual genre. Although overall gaming sessions dipped, specific subverticals like racing and simulation saw dramatic install spikes of 61% and 53%, respectively. Global gaming stickiness remained stable at 20%, and high-engagement genres like RPG and adventure continued to command strong lifetime value, even as broader retention rates across the mobile ecosystem faced downward pressure. Future industry success depends on the strategic integration of artificial intelligence and predictive analytics to enhance personalization and automate complex workflows. To achieve sustained growth in 2024 and beyond, developers must diversify their media mixes by expanding into emerging channels like Connected TV and adopting holistic measurement frameworks. By combining incrementality testing with media mix modeling, stakeholders can better navigate the shift toward privacy-centric marketing while capitalizing on the high-potential returns offered by the global mobile marketplace.