Games, music, and more leading App Store revenue growth in 2016

analytics company Annie has released its latest Index report, showing some interesting trends in the Store. The second quarter of 2016 has seen growth for in China, the growth of music and entertainment apps, and more.

Games, music, and more leading App Store revenue growth in 2016

for iPhone and iPad have grown significantly in China over the last year, and the country has surpassed the U.S. as the top area for by revenue. According to Annie, saw the most growth of any category on the App Store in the last year. Chinese consumers seem to favor locally-developed titles. The report also notes that together, the U.S., China, and Japan make up about 75% off all gaming revenue on iOS.

App Annie’s report also highlights the growth of music and entertainment apps in the last year, with both categories seeing strong growth across the world. In-app subscriptions for apps like Netflix and HBO Now seem to have driven this growth, though revenue from music apps is still larger. Spotify was still the leader in revenue worldwide, but competition is heating up, both from Apple Music and Tidal, which each had fairly successful years.

The report also found that, while the Google Play Store still leads Apple’s iOS App Store in app downloads, Apple is still significantly ahead when it comes to app revenue. Looking ahead, App Annie forecasts that app revenue will exceed $102 billion by 2020, with a revenue of $52 billion expected this year.

You can get the full report over at App Annie.

Leave a Reply

Your email address will not be published. Required fields are marked *