In this post, we’ve gathered 15 mobile app development company stats, facts, and estimates you can use to make sure your mobile app aligns with what your target audience is doing.
Apple App Store
Back in 2008, there stayed only around 5,000 apps in the Apple App Store. At the end of 2015, there were 1.75 million. Rendering to SensorTower, this number will grow to 5.06 million by 2020.
Younger smartphone operators spend the greatest time on mobile apps
The younger demographics are spending extra hours using mobile app development than adult demos. The average 18- to 24-year-old spends more than three hours a day using mobile apps on their handset while people 55 and older apply less than two hours.
Mobile apps are predicted to hit $188.9 billion in income by 2020
In 2016, the total income from mobile app usage, app development, promotion, and in-app purchases was $88 billion—this number is predicted to pass $188 billion in 2020. A 113 percent increase over four years may sound crazy, but the statistics reflect that consumers are becoming more attached to their mobile app development and more contented making in-app acquisitions.
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