A report from mobile-app analytics company App Annie has placed India at the fourth rank when it comes to largest app economies, while adding that Indians have also rapidly increased the amount of time spent on apps.
When it comes to the number of total app downloads per year, India is behind only China, US, and Brazil, with the number set to grow by 92% and reach 7.7 billion downloads by the end of this year. This number would further reach 20.1 billion by 2020.
In comparison, China, which is ahead of India, has a slower growth rate expected this year; however, the absolute figure would still be more than six times more than that of India.
Contributed By Sonia Narula