Weather - Canada
Canada- The Weather market in Canada is expected to see significant growth in the coming years.
- According to projections, the total revenue in this market is projected to reach US$25.87m in 2022.
- This growth is expected to continue with an annual growth rate (CAGR 2022-2027) of 9.18%, resulting in a projected market volume of US$43.25m by 2027.
- When looking at the different revenue streams within the Weather market, in-app purchases (IAP) are projected to generate revenue of US$3.80m in 2022, while paid app revenue is expected to reach US$851.00k in the same year.
- Advertising revenue is also expected to contribute significantly, with a projected value of US$21.21m in 2022.
- In terms of user engagement, the number of downloads in the Weather market is projected to reach 4.66m downloads in 2022.
- Currently, the average revenue per download is estimated to be US$5.55.
- It is worth noting that when comparing the global market, United States leads in terms of revenue generation, with a projected revenue of US$688.30m in 2022.
- This highlights the importance of the Weather market United States.
- Overall, the Weather market in Canada is expected to experience significant growth in the coming years, with various revenue streams contributing to its expansion.
- Key regions:
- Asia,
- India,
- Germany,
- South Korea,
- Europe
Definition:
The Weather market contains apps that provide the latest weather news, forecasts, and information about other weather-related events. For weather forecasts, the Weather Channel app and the Clime app are among the most popular. Meanwhile, Tides Near Me displays the changing water levels in the vicinity due to tides, and Wildfire tracks the progression of wildfires in forest areas. Such weather apps are especially useful for sea travelers and for those who love the great outdoors.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).
