Smartphones offer us a complete package with multiple benefits. The development of applications has made the life of smartphone users very easy and this market seems to be getting big day by day. The introduction of Jio has led to revolutionary growth in the digital market of India and app market is enjoying this growth. India is now the fastest growing market for Android and iOS apps with the increase in focus on video streaming platforms such as Hotstar, Voot, ALtBalaji, and Zee5.
According to the reports by App Annie for the 1st quarter of 2018, India leads in the number of mobile apps downloads across both ios and Android. The downloads of apps have increased by more than 250 percent in the past two years. This reports also revealed the list of 10 most revenue making apps in India.
1. Netflix
It is no surprise that Netflix is on the top in terms of generating revenue. Indians are happy paying for the fresh content to avoid boredom and Netflix helps them to do so.
2. Tinder
Social media platforms are used on a large scale in India and a lot of people tend to use these for dating purposes. Tinder is a match-making platform that helps users to have a chat and set dates for knowing each other. Such apps have a great potential in India and revenue of Tinder proves this.
3. Teen Patti by Octro
A major section of app users love to download games and multiplayer games are more addictive. Teen Patti’s success is a great example which shows that desi games can do wonders if marketed well.
4. 8 Ball Pool
Another game on this list which is liked by people all over India. 8Ball Pool has managed to achieve the fourth position in terms of revenue making.
5. Teen Patti Gold by Moonfrog
Surprisingly Teen Patti Gold is also among the top names if we talk about the revenue generated in the first quarter of 2018.
6. Clash of Clans
Clash of Clans has been on the app stores from years and can be seen in the phones of most game loving youngsters.
7. Candy Crush
Candy Crush doesn’t need an introduction. This game is so addictive that clearing stages become a part of life for someone who plays gems with full intent.
8. Coin Master
Coin Master is very engaging, social and interactive game. The user gets to spin, attack, raid to build an empire. Coin Master has achieved rank number 8 on this list.
9. Sing! by Smule
It is a music collaboration platform at which you can use several audio effects and video filters while singing songs solo or with a friend.
10. Ultimate Teen Patti by Play Games 24×7
Yet another game associated with Poker. The popularity of Teen Patti series is a clear way of knowing the interest of Indian consumers.
Total revenue for apps in the first three months of 2018 was $47 million in India only and if we look at the global revenues the apps made a sum of $18.4 billion. While India is the leader in terms of downloads, we contribute only 0.25 percent in terms of making money from the apps. China, on the other hand, is able to generate 25 percent of total revenue from apps.
