Google Play Store revenues skyrocketing, a staggering 90% increase over last year’s first quarter

There is just no stopping for android. The revenues Google Play generated by Google Play are sky-rocketing. According to the research firms Google has seen 90% increase in Google Play Store revenues compared t o the first quarter of the last year, now that is huge!

And the reason behind such a big leap in terms of revenue is the mass production of android devices around the world along with some of the idiosyncrasies of the Asian users. As the things are going for android the researcher and analysts believe that Google Play will catch up with Apple’s App Store somewhere around in 2016. According to the chief analyst at Canalys Adam Dam it would take android almost three to four years to get at par with the Apple’s App Store in terms of revenue. Android might be getting increase in the revenues at a faster pace but Apple’s App Store had a head start and that made all the difference.

Android might have gotten a 90% increase but if we look at the overall stats of the first quarter, there is no one near the share of App Store. In the first three months from January to March the app industry made total revenue $2.2 billion. Out of this $2.2 billion the almighty App Store accounted for $1.48 billion holding upto almost 74% of the total app revenue. When it comes to revenues apps certainly form the crux of overall profits.

Now coming to the downloads, the number of downloads made by Android and Apple users may vary depending on different researches. But one thing is for sure android’s downloads are quickly catching up to that of Apple’s or even exceeded it according to some other researches.

One of the key markets of android devices, not only android but also other smartphones, lies in countries such as Japan and South Korea where people mostly go for card and fantasy based apps. South Korea is considered to be the hub of smartphones where almost 80% of people own one. So making such fantasy based apps and card games really paid off for Android’s first quarter staggering augmentation in the revenues.

Let’s see what holds for Google’s little green mascot in the second quarter as it continues to grow bigger and better, forming into a phantom that looms over Apple.

Fahad Majidi is a Paid Contributor for the Paulstechtalk.com website. Any views of his is his own and not of the website. Any Links in this article are affiliate links to products mentioned to help support paying for the contributor.