GITNUX MARKETDATA REPORT 2024

Iphone App Industry Statistics

The iPhone app industry is expected to continue growing rapidly, with revenue projected to reach over $110 billion by 2023.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore key statistics and insights into the thriving iPhone app industry. From revenue figures and popular app categories to user behavior and global projections, these data points offer a comprehensive look at the evolving landscape of mobile applications on the Apple App Store. Join us on a data-driven journey through the fascinating world of iOS apps.

Statistic 1

"In 2020, iPhone app revenue reached $72.3 billion, representing a 30.3% increase from the previous year."

Statistic 2

"The Apple App Store lists more than 1.96 million apps."

Statistic 3

"As of the first quarter of 2021, over 85% of apps in the Apple App Store are free to download."

Statistic 4

"In 2020, users downloaded Zoom more than any other app on the App Store."

Statistic 5

"Gaming apps marked the highest revenue generating category on the Apple App Store in 2020, with a total of $47.6 billion."

Statistic 6

"Over 180 billion apps have been downloaded from the Apple App Store since its launch in 2008."

Statistic 7

"The monthly user spending per app on the Apple App Store exceeds $12."

Statistic 8

"iOS app developers earned over $200 billion from the App Store since 2008."

Statistic 9

"In 2020, over half of all app downloads on the App Store came from games."

Statistic 10

"More than 70% of App Store visitors navigate using the Search function."

Statistic 11

"In 2020, the App Store rejected nearly 40% of all proposed apps for various reasons."

Statistic 12

"In 2020, the most popular app category on the App Store was games, followed by business and education."

Statistic 13

"The average smartphone user uses 30 apps each month."

Statistic 14

"Over 60% of all iOS app developers generate a profit."

Statistic 15

"The top three countries in terms of iOS app downloads are the United States, China, and Japan."

Statistic 16

"As of 2017, 25% of iOS developers have generated over $5,000 in monthly revenue."

Statistic 17

"Less than 5% of apps remain in use for more than 30 days after their install."

Statistic 18

"By 2023, there will be nearly 1 billion 5G connections."

Statistic 19

"In 2021, mobile apps are projected to generate $693 billion in revenue via app stores and in-app advertising."

Statistic 20

"The average American checks their phone every 12 minutes, often to use apps."

The statistics presented reveal a dynamic and thriving landscape within the iPhone app industry. The consistent growth in revenue, high number of apps available, prevalence of free app downloads, and top-grossing app categories all indicate a robust market. The significant earnings of developers, popularity of gaming apps, and user behavior trends further underscore the industry’s vitality. However, challenges such as app rejection rates and app retention rates pose notable considerations for developers and stakeholders. Looking ahead, the projected revenue and technological advancements like 5G connections suggest continued growth and opportunity in the mobile app sector.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.