Travel - Chile
Chile- The Travel market in Chile is forecasted to generate a total revenue of US$1.62m in 2022.
- It is expected to experience a steady annual growth rate of 11.68% (CAGR 2022-2027), resulting in a projected market volume of US$3.01m by 2027.
- Within the Travel market, the revenue from in-app purchases (IAP) is projected to reach US$514.70k in 2022, while the revenue from paid apps is expected to reach US$254.80k in the same year.
- Additionally, advertising revenue in the Travel market is projected to reach US$851.40k in 2022.
- The number of downloads in the Travel market is estimated to reach 5.13m downloads in 2022.
- Currently, the average revenue per download is expected to be US$0.32.
- When comparing global revenue, it is worth noting that United States generates the highest revenue in the Travel market, amounting to US$444.90m in 2022.
- Key regions:
- Germany,
- South Korea,
- United States,
- Europe,
- Asia
Definition:
The Travel market contains apps that make it easier to book trips and accommodations. For example, the Booking.com and Airbnb apps allow users to reserve hotels or apartments through a few simple clicks and provide numerous recommendations, photos, and customer reviews. Major airlines such as United Airlines also have their own apps that streamline the process of booking flights and offer points and rewards for travel.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
