India Is A Leading Hub In Global App Innovation Ecosystem, Says Aditya SwamyThe Google Play partnership director also said that the company will continue to invest in India to encourage budding innovations

ByTeena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Google Play Twitter handle

Aditya偶像, Google Play partnership's director, on Thursday, said that India will play a critical role in the evolution of the global app ecosystem in the coming decade and Google Play will continue to invest in India to encourage budding innovations.

"India is today uniquely positioned to become a leading hub for global app innovation and there is tremendous potential for India startups across the country, regardless of size and geography, to thrive in the global app ecosystem. From leading in-app adoptions to emerging as a large global developer hub, India will play a critical role in the evolution of the global app ecosystem in the coming decade," said Swamy.

According to Swamy's blog post, "Indian apps and games saw a 200 per cent increase in active monthly users and an 80 per cent increase in consumers spend in 2021 compared to 2019 on Google play. The local developers are finding global audiences with Indian apps and games, seeing a 150 per cent increase in time spent by users outside India in 2021 compared to 2019."

"We will continue to invest in initiatives that enable a diverse range of developers to build helpful apps and successful businesses on Play. We want to help every developer with an idea capitalize on the potential to reach 2.5 billion monthly active users and 190 countries with Google Play," he added.

According toreports, "India had the second-highest app downloads in the world, with more than 27 billion downloads in 2021. The report also says that, the Indian app market is expected to reach $2.3 billion in revenue by 2026, growing at a CAGR 9.22 per cent."

Wavy Line
Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Related Topics

领导

From Indore to BSE

EKI's journey began in 2008 as a start-up initiative in Indore and it is now present in 17 countries around the world.

Resumes & Interviewing

This AI Resume Tool is Only $29.97 So You Can Make Job-Hunting Easier

Expand your growth potential with this back-to-school sale.

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

After working myself to the bone pitching 300 people each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.