The Narrowing App Market

September 29, 2017

If you are thinking of going into app development, first take a gander at this write-up; Business Insider reports, “Half of Digital Media Time Is Spent in Five Apps.” Citing comScore’s 2017 US Mobile App Report , writer Laurie Beaver tells us:

Users spend 90% of their mobile app time in their top five apps, making up 51% of total digital time spent. Perhaps more alarming is that half of the time spent on smartphones is within just one app. That drops dramatically to 18% of time for the second most used app. This suggests that unless a brand’s or business’ app is the first or second most used (most likely Facebook- or Google-owned), it’s unlikely to get any meaningful share of users’ attention.

There are a few reasons for developers to take heart—the number of app downloads is picking up, and users have become more willing to allow push notifications. Most importantly, perhaps, is that users are making in-app purchases; that is where most apps make their money. Beaver continues:

Nevertheless, the report shows the astonishing influence Facebook and Google have over how US mobile app users spend their time. And given the increasingly large share the top five apps have, it’s likely to only become more difficult for brands and publishers to receive any share of users’ time. Alternate app experiences such as Apple’s iMessage apps, Google’s Instant Apps, and Facebook Messenger’s Instant Games could provide brands and publishers with new avenues to reach consumers where they’re spending their time. While these services are nascent, they do provide a promising option for businesses moving forward.

We’re reminded that apps have gained ground over browsers, and are now the main way folks get online. However, the trends toward app consolidation and app abandonment may lead to a “post-app” future. Never fear, though—Business Insider’s research service, BI Intelligence, offers a report titled “The End of Apps” ($495) that could help businesses and developers prepare for the future. Founded in 2007, Business Insider is headquartered in New York City.

Cynthia Murrell, September 29, 2017

Comments

One Response to “The Narrowing App Market”

  1. Vshare apk on October 25th, 2017 10:00 am

    Indeed. Utterly shameless to seize the name of one of the greatest physicists who ever lived, and then plaster it on some shonky marketing software that does nothing clever, nothing groundbreaking, and has no relationship to either Einstein or his scientific interests.

    I suppose the Newton set an unwelcome precedent; at least Watson was a second fiddle fictional character rather than a scientific great having their name abused by marketing twats.

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