Utilities - Sweden
Sweden- The revenue generated in the Utilities market in Sweden is projected to reach US$17.68m in 2022.
- This represents the total revenue expected in this market segment.
- Looking ahead, the total revenue is anticipated to exhibit an annual growth rate of 9.88% from 2022 to 2027, resulting in a projected market volume of US$28.78m by 2027.
- In terms of specific revenue streams, the in-app purchase (IAP) revenue in the Utilities market is projected to reach US$9.00m in 2022.
- This revenue is generated through in-app purchases within utility-related applications.
- Additionally, the paid app revenue in the Utilities market is projected to reach US$1.01m in 2022.
- This revenue is generated through the purchase of paid utility applications.
- Furthermore, advertising revenue in the Utilities market is projected to reach US$7.67m in 2022.
- This revenue is generated through advertisements displayed within utility-related applications.
- In terms of user engagement, the number of downloads in the Utilities market is projected to reach 14.03m downloads in 2022.
- This represents the total number of downloads of utility applications withSweden.
- Currently, the average revenue per download is expected to amount to US$1.26.
- This indicates the average revenue generated per individual download of utility applications.
- When compared globally, it is worth noting that the majority of revenue in the Utilities market is generated China.
- In 2022, [globalrevenue_currentlayer_yeartoday_maxcountrynameprep] is projected to generate US$1.67bn in revenue within the Utilities market.
- This highlights the significant market presence and revenue generation of China in this particular market segment.
- Key regions:
- China,
- Japan,
- Asia,
- United States,
- Europe
Definition:
The Utilities market contains apps that function as digital toolboxes. For example, storage cleaner apps help erase unwanted or unnecessary files in mobile phones. Virtual private network (VPN) apps such as NordVPN allow the user's mobile phone to be more secure and remain anonymous over networks. DuckDuckGo, an internet browser, also emphasizes privacy and anonymity while browsing the internet.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
