India to have world’s largest app developers base by 2024

Fuelled by a rapidly rising demand for services and content as more and more Indians go online using smartphones, the country’s app economy is poised for a strong growth, with the number of application developers being expected to surpass those in the US by 2024.

According to the Progressive Policy Institute (PPI), India is expected to overtake the US as world’s largest developer population centre by 2024. A report by PPI reveals that India has 1.674 million app economy jobs as on August 2019, a growth of 39% from 1.208 million in 2016. By comparison, the US had 2.246 million similar jobs as on April 2019 and the European Union, including Switzerland and Norway, had 2.093 million jobs as of July 2019.

The findings were revealed on Thursday at an event organised by the Internet and Mobile Association of India (IAMAI).