Google Play Store growing even faster than expected
We have seen a wide variety of source claim that Google Play Store has been growing faster and faster. Even faster than the Apple App Store. A new research done by ABI has shown that the growth rate of the Google Play Store does not have any signs of decreasing. On the contrary it is even expected to speed up a bit. ABI is also saying that the revenue from smartphones alone can even double this year and reach $6.8 billion
When you compare the two stores as a whole this still puts Android at about 60% of the revenue of the iOS on the smartphone-wise but the important thing is that the growth of Android is much more well-pronounced. For now ABI does not say how tablets did but it seems reasonable that in this section Apple may have a little boost but overall Android is definitely gaining ground. Let’s say that Android market has about half the revenue which is a reasonable figure to assume (not including ads). For the next twelve months the rise for Android is expected to be at about 66% of Apple’s revenue which would mean Android in itself raises a lot of money.
Furthermore Josh Flood, analyst of ABI claims that this year, Android smartphones will ship by a factor of more than three-to-one to iPhones.” But this is not all, as some say. The progress of the Android operating system and more precisely of the Google Play Store may be even greater considering the great expertise of Google in advertising. This might mean that Android may play even bigger role on the smartphone, and not only, market in the future. This will certainly help Google to solidify their position as the owner of the second most profitable app store and it may not stay second for long, who knows.
Source: Venture Beat