## App Store Revenue Projection

App Annie published a five year projection for app store revenue. They believe revenues will reach $139 Billion in 2021(!), a CAGR of 18%. Note this projection includes non-Google Android (AOSP) stores in China and some emerging markets. Ad revenues are NOT included.

You can download the full report [here](https://www.appannie.com/en/insights/market-data/app-annie-forecast-2017-mobile-app-store-revenue-exceed-139-billion-2021/).