app ecosystem

  • App economy to grow to $6.3 trillion in 2021, user base to nearly double to 6.3 billion

    App economy to grow to $6.3 trillion in 2021, user base to nearly double to 6.3 billion

    The global app economy will be worth $6.3 trillion by 2021, up from $1.3 trillion last year, according to a new report this morning from app analytics firm App Annie. During that same time frame, the user base will almost double from 3.4 billion people using apps to 6.3 billion, while the time spent in apps will grow to 3.5 trillion hours in 2021, up from 1.6 trillion in 2016. These… Read More

  • Nearly 1 in 4 people abandon mobile apps after only one use

    Nearly 1 in 4 people abandon mobile apps after only one use

    Apple’s iTunes App Store is home to over 1.5 million apps and Google Play hosts over 2 million, but the number of apps that actually get installed and used on consumers’ devices is still quite small. We already knew that people only interacted with a small handful of third-party apps on a regular basis, and now, according to a new study on mobile app usage, we learn that about one… Read More

  • Eat The Rich: The App Economy’s Middle Class Is Booming…And So Is The Poor

    Eat The Rich: The App Economy’s Middle Class Is Booming…And So Is The Poor

    In the mobile application ecosystems offered by the iOS and Android platforms, there’s now a booming “middle class” of mobile application developers, according to new data from analytics firm Flurry. Even the long tail is benefiting – something that goes counter to traditional industry trends, which tend to see wealth established at the top as an industry matures. Read More