Paid Media Benchmarks for Mobile Apps - July 2024

Data is based on sample of 4000 companies by Varos. For all data in real time, click here.

KPIs on Meta Ads

Meta Ads Summary Table

  • Metrics
  • July 2023
  • YoY % change
  • June 2024
  • MoM % change
  • CPM
  • $9.1
  • 38%
  • $12.5
  • 0%
  • ROAS
  • 0.88
  • 18%
  • 1.16
  • -10%
  • CVR
  • 1.3%
  • 76%
  • 2.4%
  • -5%

Insights:

  • CPM for Meta Ads in Mobile Apps was $12.5 in July 2023. That is a 38% increase compared to July 2023 and remained unchanged (0% change) compared to June 2024.
  • ROAS for Meta Ads in Mobile Apps was 1.04 in July 2023. That is an 18% increase compared to July 2023 and a 10% decrease compared to June 2024.
  • Conversion Rate (CVR) for Meta Ads in Mobile Apps was 2.3% in July 2023. That is a 76% increase compared to July 2023 and a 5% decrease compared to June 2024.

Want more stats on the typical CPC range on each ad platform? Click here.

About These Paid Media Benchmarks

Delve into the Mobile Apps industry with our comprehensive Paid Media Benchmarks for September 2023. Backed by an extensive sample of 4000 companies analyzed by Varos, this report reveals crucial KPIs for Meta Ads, Google Ads, and TikTok Ads. Discover the average CPM across various paid media platforms over the past year and unravel CPM trends within the mobile apps sector, analyzed by company spend level and average order value (AOV). This invaluable data allows you to position your app optimally in the saturated mobile market.

KPIs on Google Ads

Google Ads Summary Table

  • Metrics
  • July 2023
  • YoY % change
  • June 2024
  • MoM % change
  • CPM
  • $54.0
  • -16%
  • $42.5
  • 7%
  • ROAS
  • 0.33
  • 15%
  • 0.17
  • 124%
  • CVR
  • 0.2%
  • 17%
  • 0.1%
  • 200%

Insights:

  • CPM for Mobile Apps was $45.6. That is a 16% decrease compared to July 2023 and a 7% increase compared to June 2024.
  • ROAS for Mobile Apps was 0.38. That is a 15% increase compared to July 2023 and a 124% increase compared to June 2024.
  • Conversion Rate (CVR) for Mobile Apps was 0.3%. That is a 17% increase compared to July 2023 and a 200% increase compared to June 2024.

Want stats on the typical KPI ranges by subvertical, ad spend level, and AOV? Click here.

KPIs on TikTok Ads

  • Metrics
  • Mobile Apps
  • B2C SaaS
  • Conversion Rate
  • 0.9%
  • 3.4%

TikTok Ads Summary Table

  • Metrics
  • July 2023
  • YoY % change
  • June 2024
  • MoM % change
  • CPM
  • $7.8
  • -7%
  • $6.4
  • 13%
  • ROAS
  • 0.9
  • -58%
  • 2.36
  • -84%
  • CVR
  • 1.3%
  • -34%
  • 1.0%
  • -12%

Insights:

  • CPM for Mobile Apps was $7.3. That is a 7% decrease compared to July 2023 and a 13% increase compared to June 2024.
  • ROAS for Mobile Apps was 0.38. That is a 58% decrease compared to July 2023 and a 84% decrease compared to June 2024.
  • Conversion Rate (CVR) for Mobile Apps was 0.9%. That is a 34% decrease compared to July 2023 and a 12% decrease compared to June 2024.

Want stats on the typical KPI ranges by subvertical, ad spend level, and AOV? Click here.

Last 12 Months Average CPM by Paid Media Platforms

  • Month
  • CPM Meta
  • CPM Google
  • CPM TikTok
  • 6/1/2022
  • $17.8
  • $11.0
  • $6.9
  • 7/1/2022
  • $17.1
  • $10.1
  • $9.0
  • 8/1/2022
  • $16.7
  • $11.8
  • $8.6
  • 9/1/2022
  • $16.5
  • $11.6
  • $9.5
  • 10/1/2022
  • $16.8
  • $11.1
  • $10.3
  • 11/1/2022
  • $18.7
  • $16.3
  • $11.1
  • 12/1/2022
  • $17.1
  • $13.8
  • $8.8
  • 1/1/2023
  • $11.8
  • $11.9
  • $7.8
  • 2/1/2023
  • $14.0
  • $13.3
  • $8.4
  • 3/1/2023
  • $14.4
  • $12.5
  • $10.4
  • 4/1/2023
  • $13.7
  • $11.9
  • $8.0
  • 5/1/2023
  • $13.2
  • $12.1
  • $9.4
  • 5/1/2024
  • $13.3
  • $32.4
  • $6.4
  • 6/1/2024
  • $12.5
  • $42.5
  • $6.4
  • 7/1/2024
  • $12.5
  • $45.6
  • $7.3

Insights: CPM for Mobile Apps companies have increased 24% in the last 12 months on Meta Ads. CPM for Mobile Apps companies have increased 8% in the last 12 months on Google Ads. CPM for Mobile Apps companies have increased 9% in the last 12 months on TikTok Ads.