Most of the Apps on Google Play and App Store are Making a Decent Chunk of the Revenue from Subscriptions

Most of the top apps on Google Play and App Store are making the majority of the revenue from in-app subscriptions. Out of 50 top grossing apps in the USA, 31 of them have subscriptions and make most of the money from it. 4% of the apps on App Store and Google Play had in-app subscriptions in May. This shows that there aren’t many apps that monetize through subscriptions. A lot of apps on Google Play and App Store are still free and do not have any ads.

The apps which are using the most subscriptions are gaming apps. Majority of the gaming apps are using subscriptions to monetize. Many of the developers of other apps are also using in-app subscriptions now. According to App Intelligence, 44% of the total revenue was generated from subscriptions.

This doesn’t mean that adding subscriptions to apps is going to make developers millionaires overnight. But many apps on App Store and Google Play are making billions collectively so adding subscriptions in apps does help in generating some good revenue.

H/T: AF.

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by Arooj Ahmed via Digital Information World