The app market in India is a rapidly growing and dynamic sector, driven by the increasing adoption of smartphones and the growing demand for mobile apps. According to a report by Mordor Intelligence, the app market in India was valued at USD 6.3 billion in 2020 and is expected to reach USD 9.3 billion by 2025, at a CAGR of 8.2% during the forecast period.
The app market in India is highly diverse, with a wide range of app categories available, including entertainment, social networking, gaming, education, and productivity, among others. The market is supported by the presence of a large number of domestic and international app developers, as well as a growing number of app stores and distribution platforms.
The app market in India is also supported by the increasing adoption of cloud-based technologies, which enable app developers to create and distribute apps more efficiently and at a lower cost. Additionally, the growing demand for app-based services, such as online shopping and food delivery, is driving the growth of the app market in India.