Apple’s App Retailer ecosystem in India enabled Rs 44,447 crore in developer billings and gross sales in 2024, in response to a examine by IIM Ahmedabad’s Professor Viswanath Pingali.
Greater than 94% of the commerce went on to builders and companies with out fee charges to Apple, highlighting robust developer advantages.
International earnings for India-based builders have tripled prior to now 5 years, with practically 80% of their 2024 earnings coming from worldwide markets.
Indian builders earned Rs 38,906 crore from bodily items and providers, Rs 3,014 crore from in-app promoting, and Rs 2,527 crore from digital items and providers, with app classes like gaming, well being and health, life-style, and utilities displaying robust development.
Apps from India have been downloaded over 755 million occasions globally, that includes among the many high 100 most downloaded apps in 70 nations, boosted by initiatives just like the App Retailer Small Enterprise Program.
Apple additionally emphasised its developer assist initiatives and safety efforts, noting it blocked over $7 billion in fraudulent transactions from 2020 to 2023, together with $1.8 billion in 2023 alone.
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