Tag: app economy
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User spending goes up by more than 4000% on AI-powered apps
Given the rising interest in generative AI tools like text-based ChatGPT and image-based Midjourney, AI-powered apps are growing in numbers and popularity in both app stores. A report by analytics firm Apptopia suggests that 158 AI Chatbot apps — with the description having keywords like “AI Chat” or “AI Chatbot” — hit the app stores…
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App records shattered in bumper Q2
Mobile World Live reports on App Annie’s Q2 2019 report… New app installations hit a record high of 30.3 billion in Q2, driven by annual increases in the number of downloads in Google’s Play store, App Annie reported. Figures from the mobile data and analytics company showed total app downloads increased from 28.4 billion in…
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App revenue jumps 15% to hit $40B in first half of 2019
Even as smartphone growth seems to be reaching a plateau, App revenue continues to grow at double-digit pace. It’s yet another sign that the notion of “app fatigue” is a bit misguided. Sensor Tower’s estimates indicate the app economy remains mostly healthy even as the smartphone market stagnates with consumers holding onto their mobile devices…
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Mobile games now account for 33% of installs, 10% of time and 74% of consumer spend
TechCrunch has a great summary of a recent AppAnnie report focusing on the mobile gaming ecosystem. There are several interesting takeaways for me: There’s been a lot of talk about “app fatigue” over the last couple of years, with some studies suggesting that the average mobile user isn’t downloading new apps anymore. Most of that…