App development services are one of the renowned and lucrative industries contributing to the growth of the economy. Since the dependency on online mediums and the virtual world is increasing every day, app development services demand increases. If you are an app developer, mobile app statistics is crucial as app usage and smartphone penetration is growing rapidly.
To boost your app and get attraction worldwide, users need to download and use your developed app. Hence, to develop a successful app, you must be aware of recent mobile app statistics to succeed in the app development industry. Some of the key mobile statistics that mobile developers should know are:
Mobile App Downloads:
People all over the world are using smartphones that have various apps installed. Smartphone usage and mobile app usage are directly proportional. Talking about 2019 statistics, more than 204 billion apps were downloaded on mobile devices. The trend is going to increase further in 2021. It is also estimated that mobile app services are expected to generate over $935 billion in revenue by 2023. As a mobile app developer, smartphone usage is one of the crucial factors that will decide your developed app’s success.
Free Vs Paid App Download:
App development company designs app with monetary incentive motive in the future period. If you are developing an app, it is crucial to finalize your revenue strategy for future expansion and growth. If we shed some light on the numbers, nearly 98% of the app revenue is generated through free apps. Since popular apps are available for free in both Play Store and App Store, users are unwilling to pay for the app services. Even though you are developing your first app, there are multiple methods through which you can create a revenue model for the app.
Mobile App Usage:
As smartphone usage increases, the average time spent by users in mobile apps is also thriving. As per stats, an average smartphone user spent 2 hours and 51 minutes on various apps, accounting for nearly 90% of smartphone usage. An average user uses 9 mobile apps in a day and 30 apps per month. However, talking about mobile app downloads, an average user has 80 apps on the smartphone, but only 25% of the apps are used on a daily basis.
Nearly 21% of millennials open an app more than 50 times in a single day. If you are providing mobile app development services, ensure that your app usage increases every day and users interact with app services.
Essential Mobile Apps:
In open and straightforward reveal, social media apps are the most downloadable smartphone apps. All the social media apps that are present in the Play Store and App Store have multiple purposes. If you are into app development services, we would suggest you create an app that would be unique and different from existing social media apps.
Apple Vs Google (iOS Vs Android):
Google’s Play Store and Apple’s App Store offer various apps to its users to elevate the browsing experience. Google Play Store has dominated the market share. The majority of essential apps worldwide are available in Play Store. However, as a developer, you must focus on the statistics to yield better results. If your developed app is expected to give better value to iOS users, the App store will be the perfect place to launch the app. You can also launch the app for both Android and iOS users.
Mobile and Smartphone apps have become a necessary part of our lives. Whether we want conveyance services or medical assistance, specific apps cater to the different needs of consumers. App development market and services are going to dominate the entire 2021.
Currently, Google Play Store has more than 2.87 million apps, whereas the App Store has 1.96 million apps available for download. If you want to compete in the dynamic and competitive industry, use this article as a guide or reference to build your app and enter into the billion-dollar industry.