There are more than five million apps out there.Users are spending $380 billion worldwide on in-app purchases.Jaw-Dropping App Revenue Stats for 2023:īefore diving deep into the statistics, let’s take a closer look at the most thrilling app revenue trends. Let’s find out together how apps are changing the way people use smartphones. I am excited to walk you through the most important app revenue trends. In this post, we’ll talk about the shifts in profit over time and the variety of app revenue sources available. This allows app publishers to reach unprecedented records in terms of revenue. To top this off, these numbers are expected to continue growing in the future. Meanwhile, looking at the mobile application markets, the number of app downloads amounted to the mind-blowing 194 billion, showing a 10% increase compared to the previous year. It offers poor user experience and often times pages get stuffed because of too much information for a mobile screen. Research demonstrates responsive design is getting outdated. Statistics about continuously growing app revenue easily prove this fact. That’s what we ultimately found while gathering data across several statistics about the app industry. Mobile apps are taking over - people spent more than 90% of their mobile time using applications. We already live in the days of mobile-first. This is why developing mobile-first software has become crucial to a business’ bottom line. Nowadays you can manage most of your work (and life!) from your smartphone - independent of location.
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