Android Industry’s Net Income Jumps 89%
EghtesadOnline: The Iranian Android industry’s net income reached 2.58 trillion rials ($18.5 million) in the last fiscal year that ended on March 20, 2019, marking an 89% increase year-on-year, the annual report of Iran’s leading Android market Cafe Bazaar shows.
With more than 40 million users, Cafe Bazaar is the country’s largest mobile app publisher and its seasonal and annual reports enable business insiders and analysts feel the pulse of Iran’s Android market. The reports are published on Blog.cafebazaar.ir.
Over 21,668 developer teams have published their work on Cafe Bazaar. While only 28% of the developer teams are based in Tehran, they hold a 71.6% share of the market turnover.
After Tehran, the provinces of Khorasan Razavi and Isfahan have the largest number of developer teams with a respective share of 8% and 7%, according to Financial Tribune.
In terms of net income, Tehran is followed by Khorasan Razavi Province with 11.8% and Alborz Province with 2.5%
A total number of 162,870 applications, of which 31,000 were games, have been published on Café Bazaar, such that 26.8% were programmed in Tehran, 8.9% in Gilan Province and 8.6% in Khorasan Razavi.
By March, 1,653 Iranian firms had released products in the online market, which had over 10,000 active installs each.
Furthermore, 375 Android game makers have published products that have over 10,000 active users.
In the last fiscal year that ended in March 2019, Café Bazaar attracted 4 million new users, recording an 11% year-on-year growth in its install base.
Over 15 million purchases, including paid apps downloads, in-app purchases and subscriptions, were conducted in the online market, indicating a 3.4% hike YOY.
In all walks of business, users’ input have a pivotal role in enhancing consumer experience and product quality, and the Android industry is no exemption. Just like every other app market, Cafe Bazaar cultivates customer reviews on the apps available on the platform.
The startup reports that 73 million user inputs ranking the apps have been gathered.
The firm reported that its daily active users reached 8.2 million last year and its monthly active users also crossed 31 million users.
According to the report, 520,000 people based overseas are employing the services of Café Bazaar.
The Android market’s app has been downloaded and upgraded over 1.6 billion times. Its data show Android users on average have installed at least 62 apps on their handsets.