Zoom clawed its way back into the most downloaded apps list in January, with downloads growing the most since the madness of 2020.
Most is a bit misleading. I should say, with downloads growing...
Last December was Zoom's slowest month in nearly two years. It saw 16M new downloads globally, which isn't a small number but is for an app with a high of 93M back in April of 2020. The trend was also sloping down, which makes sense. Between Zoom fatigue and dwindling need for remote communication among non-business users, a slowdown in downloads is inevitable.
But then January rolled around, and downloads jumped to 25M, according to our estimates.
Is Zoom fatigue declining? Are there businesses who sat Zoom out and can't anymore? Are more non-business users using it again? Probably.
December saw a curious split: downloads dropped 2% while revenue sat at $1.3B. ChatGPT and TikTok dominated both charts as the mobile industry enters a new maturity phase.
Wall Street bet $2 billion on Polymarket, and downloads surged 1,172% in December. The prediction market banned in 2022 is now where Wall Street looks for signals.