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India set to become “The App Economy” by 2024: Report

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India is all set to overtake the US as the world’s largest developer population center by 2024. The report throws light on how the app sector could be a potential source of jobs.

Bengaluru is the leader with 362,000 app economy jobs followed by Delhi with 248,000 app economy jobs & Mumbai with 137,000 app economy jobs, said the report.

Hyderabad with 128,000 app economy jobs and Pune with 113,000 app economy jobs complete the top five cities with the highest number of app economy-related jobs.

India has 1.6 million app economy jobs, as of August 2019, 39 percent more than 1.2 million in 2016, said the report titled “The App Economy in India” by the Progressive Policy Institute (PPI).

By comparison, the US had 2.246 million app economy jobs as of April 2019, and the European Union (plus Switzerland and Norway) had 2.093 million app economy jobs as of July 2019.

To estimate the number of core app economy jobs, the report used a multi-step procedure based on data from the universe of online job postings.

To obtain a holistic picture, the report covers the top 5 states and territories for app jobs across India.

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