AI School Blog
Anyone in the world
As the number of app downloads, mobile users, and mobile devices worldwide are projected to substantially increase well past 2020, it’s clear how integral mobility is to our society.
2.By 2022
annual mobile app downloads are projected to reach 258 billion.
That’s a 45 percent increase from 178 billion downloads in 2017.
(Source)
3.By 2022
app store consumer spending is projected to increase by 92
percent to $157 billion worldwide. (Source
)
7.87
percent of users will check their phones at least one hour before
sleep, and 69 percent of those users will check their phones
within 5 minutes before sleep. (Source)
9.Generation Z (ages
16-24) spends 20 percent more time and engages with their
most-used apps 30 percent more often than the rest of the
population. (Source)
[ Modified: Thursday, 12 November 2020, 5:16 AM ]
Anyone in the world
3 Reasons
•App
Market is The Biggest with over 5 Billion Users
•The Biggest Market Opportunity
•The Biggest Market Opportunity
•5 million apps, 140B downloads, $100B (2020)
•Rapidly growing market: annually over 25% (2020)
•By 2021, there will be roughly 7 billion mobile users
worldwide.
•The Greatest Opportunity for App Producers
•Faster to Produce: 1-6 months
•Easier to Access: Open Source Technologies
•Cheaper than ever, No Capital Investment
•Skillsets: AI Application + Product Production


[ Modified: Wednesday, 11 November 2020, 11:57 AM ]