Most Revenue Generating Mobile App Categories

With mobile apps expected to rise to 935 billion U.S. dollars in 2023, mobile app development seizes a great deal of profit in the coming years. The revenue of mobile apps has increased from 97.7 billion U.S. dollars in 2014 to 365 billion U.S. dollars in 2018 in revenues via in-app advertising and paid downloads, as reported by Statista. In 2023, mobile apps revenue is projected to increase around 156% to what of 2018's.  
Mobile apps have undoubtedly brought a significant economic and social change in the whole world. A substantial commercial flow is associated with mobile apps revenue and app development companies. Mobile app development companies are contributing to provide better solutions for the public and to generate profits for the app owners. Let's have a look at the app categories that create the most revenue and have the potential of making even more.

Social networking Mobile Apps

Socialization is a need of time, and social networking apps work as the perfect advertising platforms for business. This makes social networking mobile apps one of the most revenue-generating apps. Seeing advertisements on social networking platforms usually, do not bother people, and they find it a part of the setting. Facebook, Instagram, Twitter, Quora, and Snapchat are among the most popular and most revenue-generating social networking mobile apps.

Gaming Mobile Apps

After social networking mobile apps, gaming apps fall under the category of one of the most revenue-generating apps. The development process for a gaming app is not an easy task and requires an enormous budget. There are a number of mobile app development companies working in the domain of gaming app development since it is a high-profit making area, and successful games bring a high level of user engagement and retention. If succeed, gaming apps return higher revenue than other mobile app types. CandyCrush Saga, Subway Surfers, Pokémon Go, Angry Birds, PubG Mobile, and Call of Duty are some of the most revenue-generating gaming apps.

Shopping Mobile Apps

Shopping apps are those apps that customers use to shop directly from the app. If the app is glitch-free and as the potential to engage the user, shopping mobile apps can work as the most natural traffic generating ways for mobile apps. Everybody makes purchases in their daily lives, and if they can make their smartphones a one-stop solution for their buying needs, shopping apps are one of the best things. Moreover, with better plans and premium offers like offers and promotions, better search functionality, and the right positioning of the objects, there are more chances of a higher return. Some of the most popular shopping apps that are making revenue very well include Amazon, Walmart, eBay, Etsy, and Walgreens are.

Photo Editing Mobile Apps

People use their smartphones for their day-to-day camera needs. Therefore, the provision of editing solutions on the same platform simply makes life easier. There are many photo editing apps that are amazing to bring magic in photos. Some of the popular photo editors include Snapseed, Adobe Lightroom CC, and PicsArt,

Lifestyle Mobile Apps

Lifestyle apps are developed to make users' life easier, better, and upgraded. These days, people have a strong inclination towards these apps, and they use lifestyle mobile apps to bring a good change in their lives. There are many different categories under lifestyle apps, including travel, fitness, décor, or organizational change. Anyone can use lifestyle apps to make many small and major changes in their lives and explore a lot of new things.

Food Delivery Mobile Apps

Food delivery apps are another most revenue-generating apps. Uber Eats, and GrubHub, are the popular food delivery apps with an aim to help users get food easily. Food delivery mobile apps bring improvement in the food and delivery business while bringing ease in the users' lives.

Transportation Mobile Apps

Transportation apps are another popular mobile app category. Travelling and transportation mobile apps fall under the category of lifestyle apps. These apps provide users a solution for anyone looking for a transportation service. The most popular revenue-generating traveling apps include Uber, TripAdvisor, and GoMetro.

Health and Fitness Mobile app

People are now concerned about their fitness more than ever. Therefore, they want a mobile app that offers them a complete fitness solution. Myfitnesspal, 7-minute Workout, Home workout are some of the popular examples of health and fitness mobile app.
Mobile apps have become a popular need of time. People check the app store whenever they need an app for any problem. Any app that solves a problem in users' life can bring huge revenue for mobile app makers. In January 2019, The top-grossing mobile gaming app publishers in the Google Play Store worldwide were King, Supercell, and Bandai Namco entertainment with near 40 million U.S. dollars in-app revenues each. Google, Tinder, and Pandora were among the leading non-gaming app publishers based on income.

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2 months ago
At the top of the aptoide (  ) chart is social networking followed by the most downloaded games
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