New study finds Apple App Store in India facilitated `44,447 crore in 2024

Apple on Monday released a new study saying that the App Store ecosystem in India facilitated `44,447 crore ($5.31 billion) in developer billings and sales in 2024. The study — conducted by Professor Viswanath Pingali from the Indian Institute of Management Ahmedabad — showed that more than 94 per cent of that revenue accrued solely to developers and businesses, without any commission paid to Apple.

The study showed that over the last five years, the global earnings of India-based developers have tripled, highlighting the tremendous business opportunity and global reach the App Store provides.