Apple's App Store quietly turned into a gold mine for developers and businesses in the last 5 years
SMRTR summary
The US App Store ecosystem facilitated $406 billion in developer billings and sales in 2024, doubling since 2019. Over 90% of transactions required no commission to Apple. Small developers' earnings increased 76% from 2021 to 2024. The study showed $277 billion from physical goods and services, $75 billion from in-app advertising, and $53 billion from digital goods and services. Apple continues investing in tools and resources to support developers' innovation and global expansion.
SMRTR provides this summary for quick context. The original article belongs to ZDNet.
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