The mobile development market has been booming in recent years. That’s because people all over the world spend more and more time with their smartphones than with their computers.
It is not surprising that many developers of websites, programs and games have switched their attention to mobile development for Android and iOS. It seems much easier for them to create there a popular app and get rich. It would seem that here it is a growing market, take it and do it. To be honest, it seemed that way to me, too. Until I did this research.
Yes, of course, both the App Store for iOS and the Play Market for Android are growing markets. And the latter is growing even faster. Google Play Market contains a vast library of apps, making it easy for users to find whatever they need for their device. On Google Play Market, you can find everything from finance and productivity apps to games, books, music, and more. In addition to providing an array of applications, the store also allows users to purchase digital goods such as in-app purchases and subscriptions.
In 2022, the Google Play market was valued at $4.9 billion. Analysts predict it will grow to $7.8 billion in 2028. This is a huge market, promising huge profits for developers. But only those who create really hot apps and games.
According to the Google Play Market analysis in Python that I conducted below, you will see that most Android apps are free or cost pennies. All because either no one downloads them, or there are thousands of the same apps.
Most people with Android smartphones in general are only interested in games. In addition, I was able to find many other interesting insights. Follow the link and see for yourself.