More than 90 percent of billings and sales accrued solely to
developers, without any commission paid to Apple
New study underscores the strength and resilience of the App
Store ecosystem — with billings and sales facilitated by the App
Store growing 29 percent year over year
Apple® today announced the App Store® ecosystem facilitated $1.1
trillion in developer billings and sales in 2022, building on
developers’ track record of strong, resilient growth, an
independent study by economists from Analysis Group found. The App
Store continues to create incredible opportunity for developers
around the world, with more than 90 percent of the billings and
sales accruing solely to developers and businesses of all sizes —
without any commission paid to Apple. Additionally, new analysis
from the Progressive Policy Institute found the iOS app economy now
supports more than 4.8 million jobs across the U.S. and Europe,
with approximately 2.4 million in each region.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230531005480/en/
The App Store Ecosystem in 2022 (Graphic:
Business Wire)
Today, developers on the App Store have more ways than ever to
monetize their apps and build successful businesses. The economists
from Analysis Group estimate that last year, App Store developers
generated $910 billion in total billings and sales from the sale of
physical goods and services, $109 billion from in-app advertising,
and $104 billion for digital goods and services.
“We’ve never been more hopeful about — or more inspired by — the
incredible community of developers around the world,” said Tim
Cook, Apple’s CEO. “As this report shows, the App Store is a
vibrant, innovative marketplace where opportunity thrives, and
we’re as committed as ever to investing in developers’ success and
the app economy’s future.”
The Analysis Group study takes a closer look at the key drivers
behind the growth in the App Store ecosystem — including rebounding
demand for sectors like travel and ride-hailing, and strong growth
in advertising spend in apps like social media and retail apps.
Developer billings and sales increased by 27 percent between
2019 and 2020; 27 percent between 2020 and 2021; and 29 percent
between 2021 and 2022. Small developers in particular found
tremendous success on the App Store — outpacing larger developers
by growing their revenue by 71 percent between 2020 and 2022. The
economists at Analysis Group believe growth rates of this kind are
positive indicators, consistent with a flourishing marketplace full
of dynamism, innovation, and competition.
All told, since 2019, U.S. developers’ billings and sales have
increased by more than 80 percent. In Europe, developers’ billings
and sales since 2019 saw an above average increase of 116
percent.
The App Store’s engine of commerce provides Apple developers
around the world with a global distribution platform that supports
more than 195 local payment methods and 44 currencies across 175
storefronts. It also allowed developers to reach users across
borders: In 2022, 54 percent of downloads occurred in storefronts
outside of developers’ home countries. The App Store attracted over
650 million average weekly visitors worldwide in 2022, according to
new data from Apple. And users downloaded and redownloaded apps an
average of more than 747 million and 1.5 billion times each week in
2022, respectively.
Strong Growth in Billings and Sales Across App
Categories
Released earlier today, the new study from economists at
Analysis Group, titled “The Continued Growth and Resilience of
Apple’s App Store Ecosystem,” draws from a wide range of economic
data that speaks to developers’ growth on the App Store. The study
found developers’ billings and sales facilitated by the App Store
grew across a wide variety of categories.
For example, as restrictions eased in many parts of the world,
app categories like travel and ride-hailing saw demand rebound
significantly. Travel sales made on iOS apps increased by 84
percent in 2022, alongside a 45 percent increase in sales on
ride-hailing apps.
Food and grocery sales were also among the fastest-growing app
categories. Since 2019, iOS app-based food delivery and pickup
sales more than doubled, and grocery sales more than tripled. In
addition, enterprise apps have grown in popularity with companies
around the world in the last few years. In 2022, these apps
represented one of the fastest-growing digital goods and services
categories in Analysis Group’s estimate of billings and sales. The
highest growth in digital goods and services was seen in the
app-based entertainment category, as notable trends like the
creator economy have emerged in recent years, as well as the
prominence of apps that support this area.
The broad-based growth of developer businesses — across app
categories — speaks to the many ways Apple users have come to rely
on their favorite apps in so many aspects of their lives. Whether
for gaming or productivity, education or social media, apps are
helping people around the world stay connected, creative, and
entertained.
The App Store Turns Fifteen
Fifteen years since its launch in 2008, the App Store has never
offered developers more opportunities, or Apple users more apps
that enrich their lives. That success comes as Apple continues
investing in the future of the app economy. By offering a safe and
trusted marketplace for users, and powerful tools that help
developers make great apps, the App Store has created an incredible
economic opportunity for global app creators.
All told, iOS developers have earned more than $320 billion on
the App Store from 2008 to 2022. The Analysis Group study found
that iOS users have downloaded apps more than 370 billion times
from 2008 to 2022. And today, the App Store has more than 123 times
as many apps — nearly 1.8 million — to choose from, compared to the
thousands available on the App Store at the end of 2008.
Today’s developers also have more options to monetize their
businesses, including in-app purchases and subscriptions; more
developer tools, including over 40 SDKs and 250,000 APIs; and
educational resources like Apple’s Developer Academies,
Entrepreneur Camp, and other programs that teach coding and
business development skills.
The App Store’s technologies and services support a wide range
of app businesses, including developers who sell physical goods and
services. That includes integration with Apple Pay®, biometric
authentication with Face ID® and Touch ID®, account security, and
other technologies that help developers securely connect with Apple
users.
The App Store has also remained a safe and trusted marketplace
for users, thanks to Apple’s rigorous App Review process and robust
privacy and security protections. In 2022, the App Store blocked
more than $2 billion in fraudulent transactions — and rejected 1.7
million app submissions for failing to meet privacy, security, and
quality standards. Recent innovations, like App Tracking
Transparency and Privacy Nutrition Labels, have empowered users
with even more information on how their apps use their data.
NOTE TO EDITORS: For additional information visit Apple Newsroom
(www.apple.com/newsroom), or email Apple’s Media Helpline at
media.help@apple.com.
© 2023 Apple Inc. All rights reserved. Apple, the Apple logo,
App Store, Apple Pay, Face ID, and Touch ID are trademarks of
Apple. Other company and product names may be trademarks of their
respective owners.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230531005480/en/
Press Contacts:
Peter Ajemian Apple pajemian@apple.com
D’Nara Cush Apple d_cush@apple.com
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Nov 2023 to Dec 2023
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Dec 2022 to Dec 2023