Tuesday 24 June 2014

Google Play Quarterly App Revenue More Than Doubled Over Past Year, Thanks To Games, Freemium Apps

How well the Android app marketplace on Google Play is performing is the subject of a new report from recently expanded app analytics firm App Annie, out today ahead of this week’s Google I/O 2014 developer conference. The report indicates that the past year has been significant for Android app publishers, as Google Play apps, downloads, and revenue have all seen what the firm referred to as “phenomenal” growth.
Most notably, Google Play quarterly app revenue – a number that tends to trail that of Apple’s iOS App Store – has more than doubled over the past year, up 2.4x from Q1 2013 to Q1 2014, App Annie says.
googleplay-appdownloads
But raw numbers of apps on hand and apps on phone don’t mean much to mobile app developers if there’s not the potential for revenue.
That’s historically been a challenge for Google Play, which has seen the Amazon Appstore competitor giving developers a better shot on this front, according to several reports. And iOS still generates more revenue for developers overall, though Google Play has been narrowing that gap in recent months.
Today, App Annie says that the growth in Google Play downloads and revenue represents “an expanding opportunity” for developers, with quarterly app revenue more than doubling from Q1 2013 to Q1 2014. Revenue growth is also now outpaces download growth, and this is in large part due to growth of the games category, in particular.
In Q1 2014, games accounted for nearly 90% of Google Play app revenue, up from 80% in the same quarter last year, although they make up just 40% of downloads.
googleplay-apps-vs-games
Downloads, meanwhile, are growing across almost all categories with tools and communication categories seeing particularly high downloads, and communication and social apps seeing high revenue growth.
googleplay-appcategories

More on::techcrunch.com

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