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Google Play Store app revenue up 90% in Q1 2013
The Google Play Store is off to a great 2013. According to new data from App Annie, Q1 2013 app revenue was up 90 percent from Q4 2012. Another interesting fact is that 90 percent of apps downloaded on the Play Store were also in the Apple App Store.
Japan and South Korea are the top two countries for app revenue growth, knocking the U.S. down to number three.
The U.S. still leads in app downloads, while Russia is quickly closing in on the top three countries.
Unsurprisingly, games drive the most revenue. In the first quarter of 2013, 80 percent of all Google Play app revenue was from games. Paid “Communication” and “Social” apps are 2nd and 3rd, with “Tools” and “Productivity” rounding out the top 5.
Based on downloads across the top categories, “Games” remain number one. Closing out the list, “Social” moves up a notch to number five.
While increased Google Play app revenue is especially encouraging to Android developers, iOS still leads with 2.6 times higher app revenue. However, compared to Q4 2012, that number has gone down from four times higher app revenue. Android is quickly bridging the gap!