BEIJING, March 13 (Xinhua) -- China's booming mobile app market will continue to expand with rising smart device penetration and mobilization of more traditional businesses, according to a leading industry observer.
"China's app economy is accelerating in growth, putting it within striking distance of Japan and the United States," Bertrand Schmitt, CEO and co-founder of App Annie, told Xinhua.
Research from App Annie, an app market data provider, showed that China surpassed the United States in iOS App Store downloads in 2015 and claimed the top spot for iOS App Store revenue.
Chinese companies took eleven spots in the global top 52 publishers list, with Tencent and NetEase ranking first and third respectively for iOS and Google Play overall revenue, according to the latest report from the company.
China was home to about 700 million mobile Internet users by the end of last year, posting double-digit growth for three consecutive years, according to a report released by the China Internet Network Information Center (CNNIC).