> India has emerged as the fastest growing app market in the world with 19 billion apps downloaded in 2019, up from 6.55 billion in 2016, according to data from analytics and market intelligence firm App Annie’s State of Mobile 2020 report published last week.
> Indians have spent only $120 million on mobile apps whereas China dominates mobile spending with $48 billion, which is 40% of total revenue generated through mobile apps.
> In-app subscriptions contributed to 96% of spend in top non-gaming apps.
https://entrackr.com/2020/01/india-is-fastest-growing-market...
Some background:
> PM Narendra Modi on Sunday urged startups and entrepreneurs to develop innovative “toys and games, for India and of India” to meet domestic demand and increase its share in the global toy business, estimated at Rs 7 lakh crore. He also called upon people to support indigenously developed apps which could replace the ones currently in vogue and are controlled by foreign companies.
https://timesofindia.indiatimes.com/business/india-business/...