Apple recently announced that the App Store ecosystem in 2019 supported $519 billion in billing and sales.
Physical Goods and Services Lead the Way
The independent study was conducted by economists by the Analysis Group.
“The App Store is a place where innovators and dreamers can bring their ideas to life, and users can find safe and trusted tools to make their lives better,” said Tim Cook, Apple’s CEO. “In a challenging and unsettled time, the App Store provides enduring opportunities for entrepreneurship, health and well-being, education, and job creation, helping people adapt quickly to a changing world. We’re committed to doing even more to support and nurture the global App Store community — from one-developer shops in nearly every country to businesses that employ thousands of workers — as it continues to foster innovation, create jobs, and propel economic growth for the future.”
More than 85 percent of the $519 billion is given to third-party developers and businesses.
Physical goods and services accounted for $413 billion of the total. In that category, mobile commerce grabbed most of the sales.
Billings and sales from digital goods accounted for $61 billion. The largest driver in that category were games.