YouTube was the top-grossing app in the video and photo category in January 2020, according to new data from SensorTower.
The popular video platform generated $65.5 million in user spending – that’s an 85% growth from last year.
The top countries contributing to the platform’s growth were the US (58% of all revenues), Japan (8% of revenue total) and the UK at 4% of total revenues.
TikTok ranked second with estimated revenues at $28.6 million which is a whopping 4x as much as the popular short-form video app earned in January 2019.
Among the main contributors for its success where Chines users (85% of its revenues) and the US (10% of revenues).
Other popular video and imaging apps included Twitch, Kuaishou and PicsArt.
Perhaps surprisingly, Instagram did not rank in the top 10.