Suspense crime, Digital Desk : A new study by IIM Ahmedabad’s Professor Viswanath Pingali shows that the App Store ecosystem in India was valued at 44,447 crore Rupees ($5.31 billion) in developer billings and sales for the year 2024.

Developers Keep A High Portion of Revenue

As Apple had very minimal commission cuts in place, over 94% of revenue went back to the developers, signifying a strong commitment to Apple’s developer profit maximization policies.

Advanced Economy of Indian Developers

India based developers quadrupling their earnings in five years, currently having 80% of revenue from outside India showcases the shift in global perception apposed to their 755 Million downloads skyrocketing from 375 million five years ago.

Locally Successful And Global App Growth

Cards fluid touch with their app Noteshelf as well as Raja Vijayaraman with his app Lumy show the great achievements of Indian app developers. Moreover, in India, local app downloads have tripled and revenue is up five times aided from advance in the quick commerce and gig economy.

The Effect of Apple’s Sponsorship Programs’s Outcome

Small developers relying on Apple’s Small Business policy along with the developer center located in Bengaluru claiming a reduced fee’s and development resources. This resulted in a 74% surge to earnings from 2021 to 2024.

Apple’s Initiatives Targeting App Store Security and Safety

Apple focuses on the App Store as a protected marketplace. From 2020 through 2023, Apple prevented over $7 billion in attempted fraud and over 1.7 million applications that did not meet quality standards were submitted and rejected. Functions such as Privacy, App Review, fraud prevention, and privacy measures facilitate emerging user confidence.

Read More: Apple Reports Rs 44,447 Crore in App Store Revenue Generated by Indian Developers in 2024