14 in global downloads for apps (excluding gaming) in 2019. While many apps have managed to ride the wave as the category grows, San Francisco-based social Photo & Video app company PicsArt has seen remarkable growth over the last few years. Photo & Video apps earned nearly $2 billion in 2019, up from $240 million in 2016 for a compound annual growth rate (CAGR) of more than 100 percent. No App Store category has seen faster revenue growth than Photo & Video since 2016. The Photo & Video mobile category has experienced runaway success, as mobile users become fascinated with creative ways to take, edit, and share photos among friends. This series explores key takeaways from their experiences. Sensor Tower is working to highlight partners that are leveraging data in unique ways to achieve success.
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