July 24, 2022
1 min read

Indian short video apps to touch 600 mn users by 2025

Additionally, rapidly improving quality of content and algorithms for Indian short-form apps is another significant driver of growth…reports Asian Lite News

Indian short-form apps are expected to double their monthly active user base to 600 million (67 per cent of all smartphone users) by 2025 and have a monetisation opportunity of $19 billion by 2030, a new report has shown.

Indians now spend close to 156 minutes per day viewing entertainment content on their smartphones. In fact, on average, an Indian user consumes close to 38 minutes of short-form content each day.

According to the report by Bengaluru-based Redseer Strategy Consultants, the next wave of internet growth is likely to come from tier 2 cities and beyond, regions which have a higher propensity to view short form videos.

Additionally, rapidly improving quality of content and algorithms for Indian short-form apps is another significant driver of growth.

The short-form app market is dominated by Moj, Josh, Roposo, MX TakaTak and Chingari, among others.

“Indian short-form apps are witnessing phenomenal growth as compared to other established platforms, this can be attributed to their low decision fatigue, language localisation, recommendations, genre variety and local creator influence,” said Mohit Rana, a partner at Redseer.

The Indian apps are now poised to start monetising their large and engaged user base through advertising, video commerce and to a lesser extent, gifting.

The report said that by 2030, short-form can take close to 10-20 per cent of the overall digital ad pie.

“Further, video-led commerce in short-form apps is another big opportunity, and China is a testimony to this given that in the last 4 years alone, video-led commerce in China grew 100 times,” the report mentioned.

ALSO READ-Instacart’s Indian-American Founder steps down

Previous Story

Unique wildlife species and landscapes in New Zealand

Next Story

Volkswagen CEO steps down, Porsche boss to take over

Latest from Business

India’s E&M Sector Enters a New Growth Phase

India’s cinema market is multilingual, and many regional industries are now rivalling Hindi output in volume and box-office share … writes Rafeek Ravuther The Indian film sector is undergoing a meaningful transformation.

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India
Go toTop

Don't Miss

Intel working to build ChatGPT-like apps for customers

Together with a custom natural language chatbot interface powered by

Apps with 1.5 mn installs found sending data to China

The stolen data includes users’ contact lists from the device