New retention metric by Adjust challenges singular focus on installs
SAN FRANCISCO and BERLIN, Oct. 8, 2019 /PRNewswire/ -- [https://www.adjust.com/]Adjust [https://www.adjust.com/], the industry leader in mobile measurement, fraud prevention and cybersecurity, today released its inaugural Mobile Growth Map [https://www.adjust.com/resources/ebooks/mobile-app-growth-map]. The global report -- which draws on data from nearly 3,500 apps released in 2018 -- charts growth, retention and other key metrics. It also breaks data down across 31 countries and four industry verticals (E-commerce, Entertainment, Gaming and Utilities) to reveal how well the apps have performed.
Fastest-growing app markets by region and industry
The Mobile Growth Map uses the Growth Score, a new metric developed by Adjust to chart the rise of apps in global markets. This unique metric is calculated by dividing the total app installs per month by the number of monthly active users (MAU) for each vertical and country to reveal the rate of growth from installs relative to the MAU base.
-- APAC leads the way with robust growth and is primed to rise. Vietnam,
Thailand and Myanmar are three of the fastest-growing nations. LATAM
comes in second place, with Brazil and Colombia rounding out the top
-- Demand for Gaming apps and E-commerce apps is strongest in LATAM. In
fact, four of the top five fastest-growing countries for Gaming apps are
located in LATAM. Overall, Games dominate the number of installs (33%),
time users spend in apps (10%) and the amount of ad spend (74%).
Significantly, LATAM also dominates the demand for E-commerce apps, with
Mexico, Chile and Colombia enjoying the highest growth in this industry.
-- Entertainment apps are quickly gaining traction. Vietnam, Russia and
Thailand take the top three spots on the Growth Score. This growth is
likely fueled by the demand for video streaming services, which are
expected to continue gaining steam as industry giants such as Disney
jockey for audience eyeballs.
-- Utilities among the fast-growing verticals in Indonesia. Indonesia is a
powerhouse market fueled by the popularity of video apps and streaming
services. This dovetails with the findings in the Adjust Global App
-2019/] report released in May, which names Indonesia the
"fastest-growing market." Along with Entertainment and Gaming, Utilities
is a fast-growing vertical in this country. Notably, the performance of
Utilities is driven by the active use of weather apps.
The "Retention Factor"
In addition to the Growth Score, Adjust developed its own metric to measure the impact of retention, called the "Retention Factor." Retention Factor is calculated by dividing organic retention by paid retention, providing readers with the real divide between the two types of user.
With the highest retention of any vertical, Gaming averages 34% on Day 1, and 15% on Day 7. However, games drop 19% of their total user base between Day 1 and Day 7 -- the steepest decline of any vertical. While this drop appears to be dramatic, it may also be linked with the impact of hyper-casual games. This high-flying sub-category accounts for a significant share of downloads but so far fails to drive lasting loyalty among players. Interestingly, North American gamers retain best, showing the highest Day 1 retention of all countries surveyed.
"Growing your app user base is a critical part of the growth equation, but in a market where most apps are history just 24 hours after the install, marketers need to focus more on engaging and retaining those users," said Paul H. Müller, co-founder and CTO of Adjust. "To boost engagement, and extend the lifespan of the app, marketers must build data-driven capabilities to target users looking to churn and target them at critical points long before retention rates begin their inevitable decline," he explained.
Equipped with the insights offered in the Growth Map, marketers across all verticals can architect an effective retention strategy. More importantly, they can observe audience actions to identify their highest-value users and optimize ad spend in order to scale app growth.
For additional insights on growth and retention across industries and regions, as well as APAC spotlights on Singapore and India, download the full report here [https://www.adjust.com/resources/ebooks/mobile-app-growth-map].
The Adjust Mobile Growth Map Reportdraws on data from nearly 3,500 apps released on the App and Google Play Stores in 2018, across 31 countries and four industry verticals. The Growth Map charts key metrics including growth, retention, and paid and organic. It also introduces a new and vital metric -- the "Retention Factor" -- developed by Adjust to measure paid and organic retention differences to help marketers approximate performance on different channels. The report shows app marketers the growth potential of global markets to help them extend their footprint and ensure they scale successfully.
Adjust [http://www.adjust.com/]is the industry leader in mobile measurement, fraud prevention and cybersecurity. Born at the heart of the mobile economy and grown out of a passion for technology, the globally operating company now has 15 offices around the world.
By making marketing simpler, smarter and more secure, Adjust empowers data-driven marketers to build the most successful apps in the world. Adjust is a marketing partner with all major platforms, and in total, more than 28,000 apps have implemented Adjust's solutions to secure their budgets and improve performance.
Head of PR
Email: firstname.lastname@example.org [mailto:email@example.com]
Photo: https://mma.prnewswire.com/media/1004796/Adjust_Mobile_Growth_Map.jpg [https://mma.prnewswire.com/media/1004796/Adjust_Mobile_Growth_Map.jpg]
Logo: https://mma.prnewswire.com/media/819657/Adjust_Logo.jpg [https://mma.prnewswire.com/media/819657/Adjust_Logo.jpg]