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Google Play Store revenue rises, could overtake App Store in 2016

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There’s some interesting news today for tech enthusiasts who fall firmly into either the Google Android device camp or the Apple iOS device camp. Revenue for the Google Play Store is soaring, leading some research companies to predict that the Google Play Store will actually have the App Store in its sights and could overtake the App store in 2016.

In the first three months of this year Google Play Store revenues have risen by up to 90% over the previous quarter, faster than Apple’s. That is some going, however chief analyst at Canalys, Adam Daum points out, “Although Google is catching up, Apple has such a head-start in revenues that, on present trends, we would not expect Google to overtake Apple until sometime in 2016.”

Although Google Play Store revenues have risen from January to March, Apple pulled in $1.48 billion from the $2.2 billion total app revenue from all mobile platforms, that’s 74% of money amassed for that time against the Google Play Store share of 18%. Although research varies then, Android has made some inroads on Apple and has around 90% of the amount of downloads for Apple now but revenue still falls some way behind Apple.

If you’re wondering where the largest penetration of smartphones in the world is then you need to look at South Korea where 80% of the population have such a device. South Korea of course is the home of some of the major Android device manufactures such as Samsung and LG and mobile gaming is hugely popular in the country. It is this that appears to have been part of the stimulus for Google Play’s recent revenue growth.

You never know, if that growth continues at such a pace it may even be before 2016 that Google’s Play Store surpasses the App Store. Are you surprised that despite such growth in the Play Store, revenue is still quite some way behind that of the App Store? Why do you think that the growth in revenue for Google Play is now at a faster rate than the growth for the App Store? Let us have your comments.

Source: Reuters

Comments

2 thoughts on “Google Play Store revenue rises, could overtake App Store in 2016”

  1. Reply
    honjk says:

    ya, the only problem is that is what you bloggers said about 2011, and 2012, and 2013, so now it is 2016? are you catching the hint yet? no one is actually spending money in google play because it is filled with kludge apps that Google had to remove 60,000 in one day… and that is only 10% of the kludge there, not including the malware that has infected 33 million Android users phones, and that is just the malware so far discovered, far more is still there.

    1. Reply
      Julian says:

      It all depends on whether you like the closed monopoly business model of Apple or the open communal model of linux.

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