Facebook owns four out of five most downloaded app worldwide

Facebook continues to storm as the company has claimed four out of five spots for the most downloaded apps across the globe during the last quarter.New research reveals that Whatsapp, Facebook, Messenger, Instagram, and snapchat were the most downloaded apps for the first three months of this year.

While messenger topped the App Store download charts, Facebook headed the race on Google Play.

While facebook dominated the app market when it came to downloads, video and audio streaming apps dominates the revenue charts.

Netflix became the highest grossing app for the first quarter of 2017.To claim the number one spot, Netflix's revenue grew a staggering 286 percent year- over- year-- from $34.6 million to $133 million globally.4.7 billion of all downloads came from the App Store, Google Play accounted for the remainning 8.8 billion.

As far as revenues goes, the app industry recorded a 63 percent YoY growth, grossing $2.19 billion this year in comparison to $1.34 billion for the first quarter of 2016. Curiously ,a stunning $1.7 billion of all earnings came from the App Store, leaving Google Play in second place with $504 million.

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Lipsa Alkananda