22 September 2015
Mobile App Market in India
India’s mobile app downloads are expected to grow six fold by 2015, according to a KPMG report on media and entertainment industry.
India has been the fastest growing mobile app market in 2014, a trend that continues from the previous year. “It is predicted that mobile app downloads will globally triple and grow six folds in India by 2015,” said the report.
According to a Deloitte report, the Indian app industry is likely to see around 9 billion downloads in 2015. In 2015 the revenue from paid apps is estimated to be over INR 15 billion (US$240 million) against INR 9 billion (US$140 million) in 2014, indicating a constant rise in the download of paid apps.
Source : App Annie Index – Market Q2 2014