Latin America has become a powerful hub in the global mobile app market. It shows rapid growth.
Brazil’s mobile app market is expected to reach $8.1 billion by 2029, while Mexico’s is projected at $4.1 billion. This makes the region highly promising for marketers looking to reach new audiences.
To capture user interest in the region, deep localization and cultural adaptation are essential. Understanding local specifics is not enough—analytics must be at the core.
To explore the region’s dynamics, we’ve reviewed Adjust’s mobile app trends report. It spans various sectors: gaming, finance, e-commerce, utilities, and social.
The region shows a high level of user consent for tracking through ATT.
While the global average is 33%, Latin America’s average is 41%, with Brazil leading at 48% of users opting in.
These figures reflect a strong level of user trust. It gives marketers an opportunity to enhance data-driven strategies and achieve better personalization.
High ATT opt-in also confirms that prompts are an effective way to collect valuable user data.
App installs and sessions grew steadily throughout 2024.
Argentina led session growth in H1 2024 with a 36% increase. Brazil saw a 26% rise in installs and 7% in sessions.
This highlights the dynamic development of the mobile market in the region.
However, average session length declined from 14.86 minutes in 2022 to 13.59 minutes in 2024. This means marketers need to improve engagement strategies and content personalization.
E-commerce apps saw significant growth in 2024:
Key highlights:
App installs and sessions surged during major sales events compared to monthly averages. For example, in Brazil, Black Friday installs grew by 50%.
Session length in e-commerce apps declined by 2%, now averaging 8.31 minutes.
This could signal:
Largest drops:
Gains:
In April 2024, finance app installs spiked by 66%, while sessions fell by 4%. By July, sessions increased by 3%, but installs dropped by 40%.
These fluctuations highlight the importance of data and analytics to uncover usage patterns and maintain acquisition consistency.
In Brazil, fintech installations grew by 111% and in Argentina by 80%. These markets are particularly promising for campaign launches.
Session length in finance apps grew 24%:
Keep in mind: session lengths vary by subcategory—payment apps typically have shorter sessions than banking apps.
Mobile app trends in Latin America and their analytics have shown that the market has tremendous growth potential.
For sustainable and scalable development in this region, it is important to make agile data-driven decisions, leverage AI and prioritise localisation.
BYYD runs mobile ad campaigns across Latin America, delivering strong results across verticals including FMCG, pharma, automotive, and retail.
One of our recent cases: Blow Up! in Chile
To succeed in LATAM, it’s crucial to understand mobile app trends and develop informed advertising strategies accordingly.
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