By Kelly Richardson, co-founder of Infobrandz. She likes to help people build businesses through visual communication & her influential blogs.
Global mobile app spending in the Apple App Store reached $92 billion in the third quarter of 2022, and the same is projected to reach $161 billion in 2026, with Google Play generating an additional $72 billion. Similarly, global mobile app downloads are also on the rise.
But the reality is something different. The global mobile app exits of developers are also rising.
With each passing day, more developers are walking toward the exit point and selling their apps to cash out their digital assets