App-solute revolution: how apps & AI are transforming Meta's advertising ecosystem
Briefly

App developers generated $35bn in Q1 2024 with gaming as the lead category for app downloads. New apps struggle to compete with existing favorites in a competitive market.
Chirag Ambwani notes industry stabilization in 2023, highlighting top apps like Temu and ChatGPT. 2024 sees positive momentum in gaming, business, health, and finance sectors with a shift towards existing product focus and diverse monetization strategies.
Read at The Drum
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