App Economy Facts, Money Making Apps Major Surprise Plus Digital Marketing Friends Opportunity
Tonight I’m contacting a restaurant app in my area to find a best order takeout of pulled pork tacos. I can also rate this food as a feedback for other customers to see. Some may also offer various discounts and offers on my orders.
Later on, I’ll relax with an app for brain games for memory while my friend talks to Babbel at a personal French level for a planned holiday to Montreal using a travel app for the lowest fare discount.
I feel we are but one of millions of other subjects in this Royalty Apps Kingdom who are informed about what to shop, read, play, music to listen, communicate, order food, book travel tickets, or find answers to questions. And their Apps Dominion will only continue growing with revenues close to 200 billion in the next 2 to 3 years.
But where are any guide lines for this massive population implosion in 10 years to better understand the scope of this ruling Apps Kingdom, have stronger coping skills and possibly make money with apps. It seems the more you learn, the more overwhelming its powers-to-be challenge our cellular society…how much traditional culture has been usurped, how much has been re-created in what capacity, how much valuable time as a commodity used with or without value in any sense of progress?
The Royal Apps Kingdom with 10 mind-blowing statistics ( Also see infographics here)
- The number of smartphone users is 3.8 billion, close to 50% of total world population with a mobile app market size that will grow by almost $654 billion at 20%. The Asia Pacific region will contribute to 46% of the increase; the Americas about 39% of the worldwide revenue in 2020.
2. The mobile app market will generate up to $935 billion by 2023 from in-app advertising and paid downloads. The mobile gaming market will make $102.8 billion by 2023. The largest apps stores are Google Play, the Apple App Store, and the Windows Store with 218 billion apps downloaded in 2020.
3. In 2020, the average smartphone user had 40 apps installed on their mobile phone where 18 to 24-year-olds spent 66% of their digital…