TL;DR
App stores saw record revenue and downloads in Q1 2017, driven by growth in China and iOS adoption. Downloads grew by 15 percent to reach nearly 25 billion worldwide, while consumer spend grew 45 percent to $15 billion.
Mobile apps saw a record number of downloads in the first quarter of the year. According to a recent TechCrunch article, downloads grew by 15 percent to reach nearly 25 billion worldwide across both iOS and Android operating systems.
Consumer spend also grew 45 percent reaching $15 billion across iOS and Android worldwide.
These numbers come from app store analytics firm App Annie which attributes this growth to China’s impact and its growth on iOS.
In this story
This story was originally published in 1851 Franchise on April 27, 2017. Burnaze summarizes and links to the original reporting.
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