Capitalization on a growing trend has been one of the most significant aspects of the economy worldwide and will always be since the term has been successful in providing opportunities for people with a vision. The year of 2020 has had its share of witnessing similar such interesting developments and updates in the app economy, which has opened a large spectrum of opportunities for Indian players to take advantage of.
In the past few months, the citizens of India openly boycotted Chinese apps, keeping in mind the Indo-China sentiments and thus the app stores globally have witnessed a massive downfall in the usage of apps like Tik Tok, Likee, Bigo, etc. This sentiment has given rise to a plethora of made in India apps and hence, the likes of Indian short-video making entertainment applications skyrocketed over a span of weeks bearing the “Make in India” narrative across the nation.
Not only did this help build businesses in India, but it has also given a boost to the entrepreneurial spirit. This sudden wave of users has also brought in a couple of challenges for these Indian players. While catering to their audience’s requirement, their biggest concern is how to capitalize on this big market in India over a longer run?
According to the latest Indian App Market statistics, the average downloads per Indian App is estimated to be over 168.5 K. In 2019 alone, India emerged as the fastest growing app market in the world with 19 billion apps downloaded in a single year. The data mentioned signifies the opportunity available for mobile app developers in India at the present time.
Bu hikaye Voice and Data dergisinin October 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Voice and Data dergisinin October 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Can US AI copyright law impact Indian policymaking?
The proposed Act suggests compensating original creators for content that is used to train Gen Al. This can be a good middle ground for many in tech to follow
Rise of the connected cars
Advanced features like 5G, IoT, and AI are reshaping the automotive industry in India, promising enhanced mobility and safety for drivers
Navigating chaos: Securing trust in digital communication
Amid rising fraud risks, CPaaS tools offer a lifeline. SMS, though vulnerable, remains pivotal for real-time alerts in a chaotic digital landscape
The silent communication warhorse
While 5G grabs the headlines, 4G LTE quietly fuels global mobile networks, enabling high-speed Internet and IoT growth with wide adoption and growth potential
HPE Launches Wi-Fi 7 APs for enhanced connectivity and security
Hewlett Packard Enterprise launched Wi-Fi 7 access points (APs), boasting up to 30% more wireless traffic capacity than competitors.
Getting ready for the great Indian switch
India's mobile landscape is undergoing a shift: from feature phones to feature-rich, affordable smartphones, driven by consumers' desire for a better user experience
Net neutrality takes a right turn again
Led by Biden's commitment to protecting the Open Internet, the recent FCC decision has brought the Net Neutrality debate back to the front
It is time to ghost the AI dating bots
As mobile apps and AI dating bots surge in popularity, addressing pressing concerns about privacy, data manipulation, and transparency is paramount
Will voice interfaces ever take off?
Voice as a primary user interface has shown flickers of promise but has never taken off. Today, with AI at hand, it is still failing to go mainstream
Mega deals paper some cracks for in-turmoil IT firms
Amid the tricky financial year 2023-24, IT firms saw losses in Pack revenue from their telecommunications clients-suggesting that a rejig could be in order