90% of the billings and sales are without commission to Apple Entertainment category saw highest growth in goods and services An independent study by economists from Analysis Group found that the App Store ecosystem facilitated US$1.1 trillion (RM5.072 trillion) in developer billings and sales in 2022. The economists from Analysis Group estimate that App Store developers generated US$910 billion (RM4.196 trillion) last year from selling physical goods and services.
Entertainment category saw highest growth in goods and services
Another US$109 billion comes from in-app advertising and US$104 billion from digital goods and services. Apple charges a 15% to 30% fee for app purchases, in-app purchases, and in-app subscriptions through the App Store The study also found that travel sales jumped 84%, and ride-hailing sales increased by 45% in 2022. This increase is also not surprising as travel restrictions are fully lifted by then.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pikom’s Digital Job Market Outlook 2022 finds demand and salaries on the riseRise attributed to pivot by society, business to digital technologies Report benchmarks salaries of 61 jobs from 21 economies worldwide Digital professionals in Malaysia can expect to earn more now that the economy has reopened fully and digital adoption has increased markedly in response to pandemic restrictions over the previous two years.
Read more »
Kadar migrasi turun kepada 0.5% pada 2022PUTRAJAYA: Kadar migrasi di Malaysia menurun kepada 0.5 peratus iaitu 158,000 orang pada 2022 berbanding 1.5 peratus atau 484,100 pada 2020, menurut L...
Read more »
Coffee chain's new signing store in Kuching to provide jobs for deaf communityKUCHING: The opening of a signing store by Starbucks Malaysia here will have a positive impact on employment opportunities for the deaf, says a Sarawak minister.
Read more »
Starbucks Malaysia launches ‘signing store’ in KuchingKUCHING: Starbucks Malaysia marked another milestone with the launch of its outlet at Vivacity Megamall here which uses sign language as a means of co...
Read more »
Xbox 360 Store Shutting Down For Good In 2024Soon, you won’t be able to stream from the Microsoft Movies and TV app on your console, either, Microsoft says
Read more »
Malaysia faces escalating cybersecurity breaches and skills gap: Fortinet Survey45% of respondents experienced breaches costing over US$1mil in past year No single org or entity can solve problem alone, vital role for govts to play Image source: 2023 Fortinet-IDC Asia Pacific SASE Survey A recent Asia-Pacific SASE survey commissioned by Fortinet from IDC revealed that 45% of Malaysian respondents experienced breaches costing over US$1 million in the past year. Additionally, 86% of surveyed organizations in Malaysia reported at least a 2X or greater increase in breaches, while 52% experienced a 3X jump in breaches.
Read more »