{"id":3177,"date":"2022-11-01T00:00:11","date_gmt":"2022-11-01T00:00:11","guid":{"rendered":"https:\/\/bettingsitesreviewed.co.uk\/?p=3177"},"modified":"2022-11-09T13:59:25","modified_gmt":"2022-11-09T13:59:25","slug":"app-market-growth-slowing-down-revenues-to-rise-by-8-yoy-to-210b-in-2022","status":"publish","type":"post","link":"https:\/\/bettingsitesreviewed.co.uk\/blog\/2022\/11\/01\/app-market-growth-slowing-down-revenues-to-rise-by-8-yoy-to-210b-in-2022\/","title":{"rendered":"App Market Growth Slowing Down; Revenues to Rise by 8% YoY to $210B in 2022"},"content":{"rendered":"

After years of impressive growth driven by the surging number of mobile phone users, the global app market slowed down in 2022, both in revenue and downloads.<\/p>\n

According to data presented by Fair Betting Sites<\/a>, global app revenues are expected to hit $210bn by the end of 2022, showing an 8% increase year-over.<\/p>\n

Revenue Growth Halved<\/strong><\/h3>\n

After two-digit growth rates in 2020 and 2021, all segments and app categories in the app market will see revenue growth halved this year. The Statista survey showed an 8% year-over-year revenue growth in 2022 is the smallest increase the app market has seen in years. Between 2017 and 2021, app revenues rose by 25% per year, with 2019 as the only exception bringing a 17% YoY increase.<\/p>\n