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Business of Apps
Fiona McGregor @ Business of Apps 2 place · 06/01/2023 08:29 EDT

APS NYC early bird ending

With 3 weeks to go until App Promotion Summit NYC, now is the time to take advantage of our Early Bird offer that ends this Friday (June 2nd) ⌛ The packed agenda features 3 rooms of app growth talks, panels, workshops and interactive sessions. We have some great sessions lined up including: – Generative AI’s Impact on Mobile – Strategic Analytics for App Growth – The Role of “The Product”... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 2 place · 06/01/2023 03:40 EDT

Mobile game revenues decline 6.7% in 2022

Mobile games climb, browsers decline Regional differences Key takeaways The global games market witnessed a slight setback in 2022, as total revenues experienced a year-over-year decline of 5.1%. Despite this dip, the industry remained a force to be reckoned with, showcasing the diverse gaming landscape that captivates millions worldwide. That’s according to a new report from Newzoo. Mobile games climb, browsers decline Last year, mobile games accounted for 50% of... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/31/2023 03:21 EDT

Top iOS downloads in May Competition? What competition? Key takeaways OpenAI’s ChatGPT saw downloads jump to 500k during the first six days after its launch, only surpassed by Truth Social, which garnered over 600k downloads. What makes the results even more startling is that by then, the app had only been available on iOS in the US. Let’s take a look. Top iOS downloads in May Since ChatGPT has been... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 2 place · 05/30/2023 04:01 EDT

Quarter of app users delete apps because they never use them

App stores dominated discovery A quarter of users never use apps Key takeaways In today’s fast-paced world, consumers are increasingly seeking convenience and efficiency through the use of mobile apps. That’s according to a survey of 11,000 global respondents which shows that the top three reasons for using apps are “ease of use” (35%), “simplifies my life” (31%), and “saves me time” (27%).  App stores dominated discovery The latest study... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/26/2023 04:28 EDT

Builder.ai secures $250 million in Series D funding to help developers create apps faster

What’s Builder.ai? Growing and growing Key takeaway Builder.ai, a mobile app building platform based in London, just secured a whopping $250 million in Series D funding round, spearheaded by the Qatar Investment Authority (QIA). What’s going on and what’s all the hype about? What’s Builder.ai? Builder.ai has been around since 2016. The platform enables people to create mobile and web apps maximising productivity while minimising resource consumption. It’s an AI-powered... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/25/2023 04:19 EDT

Ease of use reigns: 42% of British consumers favour apps based on user-friendliness

Simplifying daily life The power of word of mouth Why users delete apps Key takeaways In an era dominated by smartphones and an abundance of mobile applications, understanding what drives consumers to adopt and retain apps is crucial for companies seeking to thrive in the digital landscape. According to new research from Airship, 42% of British consumers say the primary reason for their unwavering commitment to apps lies in their... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 2 place · 05/24/2023 04:52 EDT

Top chatbot app dominates downloads and revenue charts

More developers using AI Chatbots come out top for downloads Key takeaways The use of artificial intelligence technology is increasingly prevalent among developers, as they follow the trend to enhance their mobile apps and expand their user base. Recent data provided by Sensor Tower reveals a substantial rise in the number of productivity apps incorporating the term “AI” in their names.  More developers using AI In 2020, a mere 3%... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/23/2023 04:32 EDT

70% of app developers struggle with time constraints in app innovation

Running low on time Taking longer to innovate Key takeaways A staggering 70% of app developers are unhappy with the current amount of time available to their engineering teams for fostering innovation. In an industry where groundbreaking ideas and forward-thinking solutions are highly valued, this pronounced discontentment signals a significant hurdle for application development professionals.  Running low on time As the demand for cutting-edge applications continues to surge, it is... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/22/2023 04:07 EDT

The app-roval bottleneck: manual processes delay app delivery

Failing to release updates The approval process User expectations and performance are at odds Key takeaways In today’s fast-paced digital landscape, mobile applications play a crucial role in business success. However, a recent study reveals that a significant number of companies are falling short when it comes to releasing updates to app stores at an optimal frequency. This oversight can have a detrimental impact on their app store rankings, potentially... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/19/2023 04:19 EDT

DMS makes strategic move into home services with acquisition of HomeQuote.io

What’s driving this move? Tapping into emerging markets Key takeaways Digital Media Solutions, Inc., (DMS) a prominent player in the mobile and digital advertising landscape, has made a bold move that could reshape its position in the market. The company revealed its intentions to acquire the HomeQuote.io home services marketplace from Customer Direct Group for approximately $35 million. The move signals a strategic shift towards expanding its offerings in the... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 2 place · 05/19/2023 03:28 EDT

OpenAI launches ChatGPT mobile app

Mobile AI Regulation is urgently needed Key takeaways OpenAI is introducing its ChatGPT app on Apple’s App Store, in a push to extend the reach of its AI chatbot. This makes access to the chatbot more user-friendly but also has potentially negative consequences. The mobile app replicates the functionality of the ChatGPT website, enabling users to ask questions and receive AI-generated responses directly on their smartphones or tablets.  Mobile AI... Read more ›

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Business of Apps
Fiona McGregor @ Business of Apps 3 place · 05/18/2023 11:13 EDT

Who’s coming to App Promotion Summit NYC?

  The app growth event for NYC returns on Thursday 22nd June and we’d love to see YOU there. 🚀 Want to make some new app marketing friends? You will be able to network with 1,000+ attendees on our online networking platform. 🚀 App marketing and product leaders from companies like Bumble, Lyft, NBA, Babbel, Paramount, American Express, WeWork, Citizen, Yousician, Current, HelloFresh, Gannett and CBS Sports have registered to... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 2 place · 05/18/2023 03:05 EDT

Apple’s App Store blocks over $2B in fraudulent transactions

Making the App Store safer Taking action Other notable achievements Key takeaways In a recent announcement, tech giant Apple revealed that its renowned App Store has successfully thwarted over $2 billion worth of potentially fraudulent transactions in the year 2022 alone. The prevention of fraudulent transactions and the rejection of millions of app submissions are part of the company’s strong review policy. Let’s dive in.  Making the App Store safer... Read more ›

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Business of Apps
David Curry @ Business of Apps 3 place · 05/18/2023 02:00 EDT

Disney Plus subscribers decline for second quarter, but revenue improves

The number of subscribers to Disney Plus declined for the second consecutive quarter, losing four million in the last three months. The decline is almost entirely due to Disney Hotshot, its Indian streaming service, which lost the rights to stream the Indian Premier League in 2022.  While it may look bad for Disney Plus to be in decline, outside of Hotstar it has continued to grow its subscriber count, albeit... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 3 place · 05/17/2023 04:25 EDT

Ad-mirable growth: mobile ad revenue jumps 14% to $336 billion

67% of app economy attributed to advertising Subscriptions account for 30% of in-app expenditure Ads drive 90% of YouTube revenues Key takeaways Mobile advertising grew 14% year-on-year in 2022 to a whopping $336 billion. That’s according to data.ai’s State of App Revenue report, a comprehensive study of the mobile ad industry. It finds that despite formidable obstacles such as the far-reaching effects of the GDPR in Europe and Apple’s App... Read more ›

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Business of Apps
David Curry @ Business of Apps 1 place · 05/17/2023 02:00 EDT

Duolingo surpasses 20 million daily actives, 28 percent of all users engage daily

Language learning app Duolingo surpassed 20 million daily active users in the first quarter of 2023, a significant increase of four million on the previous quarter and up 62.5 percent year-on-year.  Unlike a lot of mobile apps which have seen usage stall or fall off after the coronavirus pandemic spike, Duolingo has continued to increase its daily active and monthly active users consistently over the past two years.  Duolingo quarterly... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 3 place · 05/16/2023 04:36 EDT

Video apps see a staggering 61% shorter sessions with poor signal

It’s all about connection  " style="display:none">Shorter app sessions  Video is most affected Poor signal equals poor retention Key takeaways When mobile users experience poor connectivity or unreliable WiFi networks, it significantly impacts their app usage and overall experience. Inadequate mobile connectivity leads to users spending 20% less time in each app session, while the impact is even more severe at 38% less time with poor WiFi. That’s according to new... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/15/2023 04:39 EDT

Small app developers on App Store see revenues rise 71%

App Store majority are small developers Developers are branching out Key takeaways Small app developers on the App Store saw an impressive 71% increase in their revenue from 2020 to 2022, according to the latest data from Apple. These findings may serve as a significant point of emphasis for Apple, as it faces calls for greater flexibility in app distribution, including the potential opening up of iOS to alternative app... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 1 place · 05/12/2023 04:30 EDT

Mobile app creators are being tipped more

Tipping is in  " style="display:none">More ways to monetise on mobile  Key takeaways The mobile creator community underwent a remarkable growth spurt since 2021, with its size almost tripling. It’s now valued at over $104.2 billion annually. As a result, there’s a sharp rise in the demand for mentorship and monetization opportunities for these aspiring creators. According to recent data, there’s been a significant surge in the number of social media... Read more ›

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Business of Apps
Anne Freer @ Business of Apps 2 place · 05/11/2023 04:53 EDT

As hyper falls, hybrid models emerge in mobile gaming app economy

Ad impressions drop 10% Going hybrid Key takeaways Hyper-casual used to be all the rage in gaming but it seems the business has experienced notable shifts, with profits no longer as lucrative as they were in the past. This is due, in part, to a downward trend in ad revenue, which can be attributed to the implementation of App Tracking Transparency (ATT) on iOS and changes in user behaviour following... Read more ›

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