Understand the app economy, ways to make money through apps, analyse trends.
On 9th September 2024, Mr. Suvam Dhar, Chief Operations-Kodeclamp Pvt. Ltd. delivered a session on “How to Be an Appreneur?" that left attendees buzzing with fresh ideas and strategies to thrive in the ever-growing app economy.
The session dove straight into the heart of global app trends, revealing that the mobile app industry is set to hit a staggering $935 billion in revenue by 2024. With over 1.96 million apps on the Apple App Store, participants learned how to stand out in this sea of opportunities.
Some of the most exciting takeaways included:
App Usage Insights: Millennials are leading the charge in app engagement, with many opening apps 50+ times a day. If you want your app to be one of those favorites, now’s the time to act!
Monetization Hacks: From in-app purchases and subscriptions to premium upsells and ad revenue, the session covered all the ways to make your app a money-making machine.
Tech of Tomorrow: With 5G, AR/VR, and AI shaping the future, app developers have a whole new playground of possibilities. Whether it’s enhanced fraud detection with AI or using blockchain to secure data, the future of apps is looking futuristic and promising!
Retention Magic: Attendees learned the golden phases of app retention—how to not just get downloads but also keep users coming back for more.
The room was buzzing with energy as participants soaked in these strategies and insights, ready to take their apps to the next level. The feedback was overwhelmingly positive, with many walking away motivated to apply these techniques in real-world projects.
If you missed out, don't worry! Stay tuned for more events like this, because the app economy is only getting bigger, and we’re here to help you ride the wave!