Streaming Video Will Continue to Rise on Mobile in 2019: App Annie
*By Chloe Aiello*
In 2019, 10 minutes out of every hour of media engagement will be spent streaming video on mobile, app market data provider App Annie told Cheddar.
In 2018, app downloads hit 113 billion, Levitas said, while spending on Google ($GOOGL) Play and the Apple ($AAPL) app store hit $76 billion. On average, Americans spent three hours per day on apps.
"Netflix ($NFLX) dominates the top of the list, but YouTube does really well, HBO does really well, Youku in China does really well. And so you've got this video entertainment that is increasingly moving to mobile," App Annie's EVP of Market Insights Danielle Levitas said Friday.
In 2018, mobile gaming and social communications apps were dominant, as were Facebook-owned apps. Four of the top five on App Annie's list of most downloaded apps worldwide were owned by Facebook ($FB), including Facebook Messenger and WhatsApp. But short-form mobile video app TikTok also made the grade, coming in just above Instagram at number four. Levitas said TikTok's breakout success speaks to the popularity of snackable ー or short, attention-grabbing, and fulfilling ー experiences.
"Short-form, 15 second-type videos for example ー they've been incredibly successful across the globe. So the truth is there is this real desire and hunger for these communications, these snackable experiences," she said.
The gaming app market also continued to mature, with new types of games gaining popularity. Casual gaming apps continued to do phenomenally well, led by Helix Jump and Subway Surfers, and with Candy Crush Saga still near the top of the list. But 2018 also saw the rise of minimalist "hyper casual" gaming apps, like Love Balls, and "hardcore games," like PUBG Mobile.
For full interview [click here](https://cheddar.com/videos/top-apps-and-games-in-2018).
Scores of Boston University students turned their backs on the head of one of Hollywood's biggest studios, and some shouted “pay your writers,” as he gave the school's commencement address Sunday in a stadium where protesters supporting the Hollywood writers' strike picketed outside.
Gov. Ron DeSantis is asking that a federal judge be disqualified from the First Amendment lawsuit filed by Disney against the Florida governor and his appointees, claiming the jurist's prior statements in other cases have raised questions about his impartiality on the state's efforts to take over Disney World's governing body.
Ford CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services. The days of Ford being all things to all people are over, Farley said at the company's capital markets day event Monday.
The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users personal information across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears.
Joanne Rodriguez, founder and CEO of Mycocycle Inc., joined Cheddar News to discuss how her company uses mushrooms to decarbonize construction waste. "Mycocycle was started to address the waste mismanagement issue we have," she said. "Globally, we've got overflowing landfills that are creating human and environmental health issues."
The World Economic Forum recently released its future of jobs report and broke down what abilities employers are looking for. Julia Pollak, chief labor economist at ZipRecruiter, joined Cheddar News to discuss what top, in-demand job skills are needed in the rapidly-changing economy.
James Demmert, founder and chief investment officer of Main Street Research, joined Cheddar News to discuss market trends as investors digest mixed trading sessions with debt ceiling talks stalling.
