The app economy slowed for the first time in 2022, with consumer spend down 2% to $167 billion

The app ecosystem’s nonstop growth finally slipped this past year. An annual review of the app economy by mobile analytics firm data.ai (previously App Annie) found that consumer spending on mobile apps declined for the first time in 2022 after seeing 19% year-over-year growth the year prior. Consumer spending dropped by 2% in 2022, the … Continue reading The app economy slowed for the first time in 2022, with consumer spend down 2% to $167 billion