App economy is a massive business. And, the year 2017 is going to be another banner year for the growth of this business. The trends in the app economy keep on changing day by day. Be it about a new Android version or something is happening there in the field of iOS, app economy keeps on changing year after year. As these changes are massive and carry the potential of changing the face of app economy, Appdexa has predicted some of the trends that will flourish this year.
The Overall Revenue
By 2020, app economy is predicted to grow to a whopping $101 billion. The growth will be driven by extended app usage.
Percentage of Android users
The number of users using Android apps is expected to grow massively that will contribute nearly to 90% revenue generation by the end of the year 2017.
Revenue From iOS Users
iOS Apple store is expected to watch a growth of 75% in the total revenue towards the end of 2017.
Contribution of Gaming Apps
Gaming based apps generate huge profit. The expected revenue is forecasted to grow nearly to $75 billion by the end of 2020.
Prediction for Overall App Downloads
The prediction for this category is likely to grow nearly to 285 billion by the end of 2017, which was around 111 billion by the end of the year 2015.
The Amount for Advertising
The year 2017 is likely to see a huge spending on the app advertising that is expected to go to $166 billion.
This is all about Appdexa’s trends about app economy for the current year. The field of applications is getting bigger and better each single day. These trend-defining apps are not only feature-rich but also functional at the same. Additionally, the availability of innovative technology is also helping in providing an exceptional experience to the users as the technology is playing an important role in increasing the effectivity of these trends.