Key Points
The App Store ecosystem facilitated an impressive $1.1 trillion in developer billings and sales in 2022, according to a study conducted by economists from Analysis Group...
The study highlights the resilience and strength of the App Store, with a 29% year-over-year growth in billings and sales..
The Analysis Groups study estimates that App Store developers generated $910 billion from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services...
As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and were as committed as ever to investing in developers success and the app economys future...
Since its launch in 2008, the App Store has helped create economic opportunities for developers. iOS developers have earned over $320 billion from the App Store, and users have downloaded apps more than 370 billion times..
You might be interested in
Apple faces $1 bln UK lawsuit by apps developers over app store fees
25, Jul, 23Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.