Mobile app industry is the sector where everyone interested in investing as its booming right now. If we talk about mobile app economy the stats are hitting higher and higher every quarter. The biggest contribution to the expansion of app industry in terms of economy usage and popularity is by China. China holds the top position in making gross app economy effective ever than ever. From downloads to sessions it has maximum numbers on every list.
In China, there are set of compliances crafted and maintained by the Cyberspace Administration of China. According to Allegation made In January 2016, all the apps store are required to register with the China government. Through all the laws and rules for the app store to come under the government control shows the increasing importance of app industry in China.
If we look at the reports for the year 2016 total app downloads via iOS and Android increased by 15%. Downloads go beyond 90 billion in 2016 and this year user spends over 900 billion hours on the apps and increased by 25% from 2015. China plays a very crucial role in app economy boost, it leads the app market by more than 15% leaving the US at second number. China contributes almost 50% to annual growth of the iOS. China by itself made the business over $1.7 billion for the iOS. These numbers are only expected go higher with the increasing penetration of the smartphone user in coming time. China market considered to be more advantageous compared to US and Uk’s. According to App Annie, an average Chinese consumer uses almost 40 apps per month, while an American user uses about 35 apps per month.
All the data and stats have proven the potential of Chinese app market in order to profit app industry. App Annie predicted China going to rule the app industry with the largest revenue growth by 2020. Gaming apps lead the category helping the china with occupying 75% of all revenue in last of 2016. Entertainment and social media apps are also continuously gaining the popularity of the market. Android seems to expand its business in the Chinese market as compared to iOS. However, Google Play is banned in China as China prefer the growth of the domestic business over outsiders. There are more than 200 app store and more than 554% of the app user go through third-party app stores.
Apps like Tencent, Qihoo 360, and Baidu have created their own app store in order to serve the local market. These app stores are leading the market in China with users and downloads.
Above are topmost app store used by the smartphone users in China.
The rapid growth of the app usage in the Chinese market with higher app economy luring a large number of the developers. China, the topmost performer in the app world as its market is expanding day by day. Chinese market can deliver you the best revenue if targeted with the absolute strategy and all Chinese regulatory instruction followed.
James is a writer and editor at MobileAppDaily and he is famous as a tech journalist at MobileAppDaily. He focuses on the mobile app startups & ventures and brings them to the light. He has started his career as a tech writer 6 years ago just after completing his degree in Broadcast and Digital Journalism.