Appfigures Reports 60% Year-Over-Year Growth in App Releases on App Store and Google Play in Q1, with App Store Releases Surging 80%, Likely Fueled by AI Coding Tools (Sarah Perez/TechCrunch)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Source: Techmeme
App Release Growth: App releases across the App Store and Google Play grew by 60% year-over-year in Q1, with App Store releases alone increasing by 80%, potentially driven by AI coding tools.
AI's Impact on Apps: Contrary to predictions that AI would diminish the app market, new app launches are actually surging, indicating a robust growth in the sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
