News
News Categories

Report: Worldwide app downloads grew 15% in 2016, revenue up 40%

By Kenny Yeo - on 21 Jan 2017, 5:07am

Report: Worldwide app downloads grew 15% in 2016, revenue up 40%

(Image source: App Annie)

According to a recent report by intelligence firm App Annie, the app market is showing no signs of slowing down.

Its report indicates that worldwide app downloads grew 15% in 2016. It also found that app revenue grew by a significant 40% last year.

This corroborates with another recent report that suggested that both Apple's App Store and Google's Play Store both enjoyed substantial growth in 2016.

App Annie also found that people are spending up to 25% more time on apps and that many people use an average of about 30-plus apps each month.

So kids, it is probably not too late to start studying to become an app developer.

Source: App Annie via Techcrunch

Join HWZ's Telegram channel here and catch all the latest tech news!
Our articles may contain affiliate links. If you buy through these links, we may earn a small commission.