GITNUX MARKETDATA REPORT 2024

Mobile App Development Industry Statistics

The mobile app development industry is expected to continue growing rapidly, with revenue projected to reach $581.9 billion by 2027.

Highlights: Mobile App Development Industry Statistics

  • In 2023, mobile apps are projected to generate more than 935 billion U.S. dollars in revenues via paid downloads and in-app advertising.
  • The total number of mobile app downloads in 2020 was 218 billion.
  • As of September 2021, there were approximately 3.14 million apps available in Google Play Store.
  • As of 2021, the Apple App Store has almost 1.96 million available apps for iOS.
  • The gaming apps accounted for almost 21.49% of active apps on Google play store as of 2021.
  • 70% of the mobile app developers utilize React Native for building their apps, as of 2020.
  • In 2020, 42% of small businesses reported having a mobile app.
  • Consumer spending on mobile apps reached $86.6 billion in 2020, a 26.6% increase from 2019.
  • The average mobile app user has around 40 apps installed on their smartphone.
  • Approximately 15% of all mobile apps are developed using cross-platform technologies.
  • Enterprises who opts to develop mobile apps in-house spend an average of 7 months to develop and release a mobile application.
  • 25% of all global active iOS developers released at least one app built with the Flutter SDK in 2020.
  • Mobile apps are expected to generate $189 billion in revenue by 2020.
  • The average mobile app development cost varies from $25,000 to $50,000.
  • The average consumer spends 3 hours and 40 minutes using apps each day in 2020.
  • 70% of the total digital media time in the U.S. is spent on smartphones.
  • As of 2021, Google Play Store users can choose between 2.87 million apps available, making it the app store with biggest number of available apps.
  • Social media accounted for 2.4 billion app downloads in 2020.
  • The health and fitness mobile app market was valued at around $3.31 billion in 2020.
  • 90.9% of apps in App Store are free to download as of 2021.

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Mobile app development is a rapidly evolving industry that plays a significant role in our everyday lives. Understanding the latest statistics and trends in this dynamic field is essential for developers, businesses, and consumers alike. In this blog post, we will explore key statistics that shed light on the current state of the mobile app development industry and its future prospects. Let’s dive in and uncover the fascinating world of mobile app development statistics.

The Latest Mobile App Development Industry Statistics Explained

In 2023, mobile apps are projected to generate more than 935 billion U.S. dollars in revenues via paid downloads and in-app advertising.

The statistic indicates that in 2023, the revenue generated by mobile apps is expected to exceed 935 billion U.S. dollars through a combination of paid downloads and in-app advertising. This projection highlights the significant and growing role that mobile apps play in the digital economy, showcasing the lucrative opportunities for app developers and businesses to monetize their products. The increasing adoption of smartphones and the popularity of app-based services contribute to the robust revenue forecast, emphasizing the importance of mobile app monetization strategies and the potential for continued growth in the industry.

The total number of mobile app downloads in 2020 was 218 billion.

The statistic ‘The total number of mobile app downloads in 2020 was 218 billion’ represents the collective count of app downloads across various mobile platforms, including iOS and Android devices, throughout the year 2020. This figure is indicative of the extensive use and popularity of mobile applications among users worldwide, reflecting the significant role that apps play in our daily lives for communication, entertainment, productivity, and more. The high number of downloads underscores the continued growth of the mobile app industry and the increasing reliance on mobile technology for various activities and services.

As of September 2021, there were approximately 3.14 million apps available in Google Play Store.

The statistic that as of September 2021, there were approximately 3.14 million apps available in the Google Play Store represents the sheer magnitude of the digital marketplace for mobile applications. This figure highlights the extensive variety and quantity of apps that users can access on the platform, providing a wide range of options for entertainment, productivity, communication, and more. The significant number of apps available underscores the competitive nature of the app market and the importance for developers to create unique and appealing offerings to stand out in this crowded environment. Additionally, this statistic points to the continuing growth and evolution of the mobile app industry as technology and consumer preferences evolve over time.

As of 2021, the Apple App Store has almost 1.96 million available apps for iOS.

The statistic “As of 2021, the Apple App Store has almost 1.96 million available apps for iOS” indicates the large and diverse variety of applications that are accessible to users on Apple’s platform. This figure reflects the extensive growth of the App Store since its inception, showcasing the increasing number of developers and companies creating software for Apple’s mobile devices. The abundance of apps highlights the competitive nature of the mobile app market, with developers striving to create innovative and useful applications to attract users. The App Store’s vast selection provides users with a wide range of choices, ensuring that there is likely an app available to suit virtually every need or interest.

The gaming apps accounted for almost 21.49% of active apps on Google play store as of 2021.

The statistic indicates that gaming apps make up a significant portion of the active apps available on the Google Play Store, amounting to almost 21.49% of the total apps as of 2021. This highlights the popularity and demand for gaming applications among users, showcasing their prevalence and importance within the digital market. The data suggests that gaming apps hold a substantial presence on the Google Play Store compared to other categories of apps, emphasizing the significance of the gaming industry in the mobile app landscape and indicating a strong interest and engagement from users towards gaming content.

70% of the mobile app developers utilize React Native for building their apps, as of 2020.

The statistic ‘70% of mobile app developers utilize React Native for building their apps, as of 2020’ indicates that a significant majority of mobile app developers choose to use React Native as their preferred framework for app development. React Native is praised for its ability to create cross-platform apps efficiently, enabling developers to write code once and deploy apps on both iOS and Android platforms. This statistic suggests that React Native has gained widespread popularity and trust within the mobile app development community due to its capabilities and advantages, such as faster development times, cost-effectiveness, and performance benefits.

In 2020, 42% of small businesses reported having a mobile app.

The statistic indicates that in the year 2020, 42% of small businesses had implemented a mobile application as part of their business operations. This suggests that a significant portion of small businesses recognized the importance and benefits of having a mobile app, such as enhancing customer engagement, improving accessibility, and increasing efficiency. By embracing technology and investing in mobile applications, these small businesses were likely striving to stay competitive in the digital landscape, adapt to evolving consumer behaviors, and potentially drive growth and success in their respective industries.

Consumer spending on mobile apps reached $86.6 billion in 2020, a 26.6% increase from 2019.

In 2020, consumer spending on mobile apps surged to $86.6 billion, marking a significant growth of 26.6% from the previous year. This statistic highlights the continued trend of increased reliance on mobile apps for various services and entertainment, especially as the world grappled with the challenges posed by the COVID-19 pandemic. The sharp rise in spending underscores the growing importance of mobile technology in people’s daily lives, indicating a shift towards digital consumption patterns and preferences. This data showcases the potential for further expansion and innovation within the mobile app industry, as consumers continue to embrace these platforms for convenience, connectivity, and personal enjoyment.

The average mobile app user has around 40 apps installed on their smartphone.

The statistic stating that the average mobile app user has around 40 apps installed on their smartphone implies that individuals typically have a diverse range of applications on their devices for various purposes. This finding suggests that users not only use their smartphones for basic functions like communication and web browsing but also for specific tasks or entertainment. It also highlights the growing reliance on mobile apps for daily activities, leading to a crowded digital space where developers need to compete for users’ attention and engagement. Overall, the statistic underscores the importance of app developers understanding user behavior and preferences to create successful and appealing applications in a highly competitive market.

Approximately 15% of all mobile apps are developed using cross-platform technologies.

This statistic indicates that around 15% of all mobile applications in the market have been developed using cross-platform technologies. Cross-platform development allows app developers to create a single application that can run on multiple operating systems, such as iOS and Android, without the need to develop separate versions for each platform. This approach offers advantages in terms of cost-effectiveness, faster development time, and easier maintenance compared to building native apps for each platform individually. The fact that 15% of mobile apps are utilizing cross-platform technologies highlights the growing popularity and acceptance of this development approach within the app development industry.

Enterprises who opts to develop mobile apps in-house spend an average of 7 months to develop and release a mobile application.

The statistic indicates that, on average, enterprises that choose to develop mobile applications internally spend approximately seven months to complete the process from development to release. This timeline likely encompasses various stages such as planning, design, development, testing, and finally launching the app on the market. The duration of seven months may vary depending on the complexity of the application, the experience and expertise of the development team, as well as any unforeseen challenges or delays that may arise during the development process. Ultimately, this statistic provides insight into the time investment required for in-house mobile app development within enterprises.

25% of all global active iOS developers released at least one app built with the Flutter SDK in 2020.

The statistic ‘25% of all global active iOS developers released at least one app built with the Flutter SDK in 2020’ indicates that a quarter of all iOS developers worldwide who were actively developing apps in 2020 utilized the Flutter software development kit (SDK) to create and release at least one application during that year. This suggests a significant adoption of Flutter among iOS developers as a cross-platform development tool for building mobile applications. The statistic highlights the popularity and appeal of Flutter’s features and capabilities for developers seeking to streamline their app development process and reach a broader audience across different platforms.

Mobile apps are expected to generate $189 billion in revenue by 2020.

The statistic ‘Mobile apps are expected to generate $189 billion in revenue by 2020’ indicates the projected total revenue generated by mobile applications globally in the year 2020. This figure reflects the significant growth and financial potential of the mobile app industry, highlighting the increasing reliance on and popularity of mobile technologies in various aspects of daily life and business. The expected revenue of $189 billion suggests a thriving market with ample opportunities for developers, businesses, and investors to capitalize on the growing demand for mobile apps, making it a key sector in the digital economy.

The average mobile app development cost varies from $25,000 to $50,000.

The statistic that the average mobile app development cost varies from $25,000 to $50,000 indicates the range within which most businesses can expect to invest to create a mobile application. This range takes into account various factors that can influence the cost of app development, such as complexity, features, platform compatibility, design, and development time. While some simpler apps may fall towards the lower end of the range, more complex applications with advanced functionalities can incur higher costs closer to the $50,000 mark. It is crucial for businesses seeking to develop a mobile app to carefully plan and budget for their specific requirements to ensure they receive a high-quality product within their financial constraints.

The average consumer spends 3 hours and 40 minutes using apps each day in 2020.

The statistic that the average consumer spends 3 hours and 40 minutes using apps each day in 2020 indicates a significant amount of time dedicated to app usage among the general population. This measurement suggests a growing reliance on digital platforms for communication, entertainment, and productivity. The increasing availability of smartphones and the wide array of applications tailored to various needs and interests likely contribute to this substantial daily average. Moreover, it underscores the importance of understanding digital behaviors and trends in the modern era, as app usage continues to shape how individuals engage with technology and consume content on a daily basis.

70% of the total digital media time in the U.S. is spent on smartphones.

This statistic indicates that the majority of digital media consumption in the United States occurs on smartphones, accounting for 70% of the overall time spent consuming digital content. This suggests that smartphones are the preferred device for accessing and engaging with various forms of digital media, such as social media, entertainment, news, and online shopping. The high percentage underscores the significant role smartphones play in people’s daily lives, highlighting the importance of mobile-friendly content and advertising strategies for businesses and organizations looking to reach and engage with their target audience effectively in the digital era.

As of 2021, Google Play Store users can choose between 2.87 million apps available, making it the app store with biggest number of available apps.

The statistic indicates that as of 2021, the Google Play Store offers the largest selection of applications among all app stores, with a total of 2.87 million apps available for users to choose from. This demonstrates the vast diversity and quantity of options that users have when searching for apps on the Google Play Store platform. The sheer number of apps available reflects the popularity and widespread adoption of the Google Play Store among users and developers alike. This statistic highlights the significant role that the Google Play Store plays in the app ecosystem, providing users with a wide range of choices and opportunities to explore various applications tailored to their needs and preferences.

Social media accounted for 2.4 billion app downloads in 2020.

The statistic “Social media accounted for 2.4 billion app downloads in 2020” highlights the significant influence and popularity of social media platforms in the digital landscape. This figure indicates the number of times social media applications were downloaded by users across various platforms and devices during the year 2020. The high number of downloads underscores the widespread usage and appeal of social media apps, reflecting the importance of these platforms in connecting individuals, facilitating communication, and accessing relevant content. The statistic also suggests the continued growth and relevance of social media in shaping online interactions and behaviors, emphasizing its role as a central component of digital culture and communication in the modern world.

The health and fitness mobile app market was valued at around $3.31 billion in 2020.

The statistic stating that the health and fitness mobile app market was valued at approximately $3.31 billion in 2020 indicates the significant financial size and growth of this particular segment within the mobile app industry. This valuation underscores the increasing consumer demand for health and fitness apps, driven by factors such as a growing focus on personal wellness, convenience, and the widespread adoption of smartphones. The impressive market value also highlights the potential for further expansion and innovation within the health and fitness app sector as technology continues to play a crucial role in promoting health-conscious behaviors and lifestyles.

90.9% of apps in App Store are free to download as of 2021.

The statistic ‘90.9% of apps in the App Store are free to download as of 2021′ indicates that the vast majority of applications available for download on the App Store do not require a purchase upfront. This high percentage suggests that the freemium model, where apps are offered for free with optional in-app purchases or subscriptions, is widely adopted by developers in the iOS ecosystem. This statistic may reflect developers’ strategies to attract a larger user base and generate revenue through alternative means such as advertisements, in-app purchases, or premium subscriptions after users have already engaged with the app.

References

0. – https://www.sensortower.com

1. – https://www.www.businessofapps.com

2. – https://www.buildfire.com

3. – https://www.www.prnewswire.com

4. – https://www.www.statista.com

5. – https://www.hackernoon.com

6. – https://www.www.appannie.com

7. – https://www.www.grandviewresearch.com

8. – https://www.www.comscore.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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