YouTube grossed more than $58m in user spending in December last year, representing 87 per cent year-over-year growth from December 2018.
This is according to app revenue estimates from Sensor Tower’s Store Intelligence platform.
Youtube emerged the top grossing photo and video category app worldwide for December.
The report said approximately 56 per cent of YouTube’s revenue was from the United States, followed by nine per cent from Japan and four per cent from Great Britain.
TikTok was the second highest earning photo and video category app worldwide for December with more than $39m in gross revenue, which represented 556 per cent year-on-year growth from December 2018.
About 82 per cent of TikTok’s revenue was from China, followed by 13 per cent from the US.
The next top grossing app was Kuaishou, followed by Twitch and PicsArt.
“Our revenue estimates are from the App Store and Google Play worldwide between December 1, 2018 and December 31, 2019 and represent gross user spending. These rankings do not include app revenue from third-party Android stores,” Sensor Tower said.