China Corners 27% of the Apple App Store Market
Chen Juan
DATE:  Aug 14 2017
/ SOURCE:  Yicai
China Corners 27% of the Apple App Store Market China Corners 27% of the Apple App Store Market

(Yicai Global) Aug. 14 -- Apple Inc.'s [NASDAQ:AAPL] Chinese App Store was valued at USD894 million last month and its market share of 27 percent ranked first globally, per data released by market research group Sensor Tower Inc.

China, the US and Japan were the App Store's top three income generating countries. Their market shares were 27 percent, 25 percent and 25 percent, respectively. The App Store's global income last month was more than USD3.3 billion, marking an annual increase of 36 percent.

The mainland Chinese market's growth rate of 90 percent led the pack. South Korea, Hong Kong, Taiwan, the US and France recorded rates of 61 percent, 53 percent, 48 percent, 32 percent and 31 percent, respectively. The UK recorded a drop in its income, decreasing 3 percent.

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Keywords:   App Store,Apple