Chinese apps’ market share falls to 29%: Study
CHENNAI: Geopolitical tensions between India and China and the rise of local developers have resulted in Indian apps holding a larger chunk of the overall market at the cost of Chinese options.
The share of installs of Chinese apps slipped to 29% in 2020 from 38% in 2019, a report by analytics firm AppsFlyer said. Indian apps leveraged this opportunity by dominating the install volume with 39% share in 2020.
China’s loss was also captured by apps from Israel, the US, Russia, and Germany. These countries made further inroads too into India’s rapidly growing app market, the report noted.