Video streaming platform MX Participant is the third most downloaded video streaming app on this planet after YouTube and Netflix, in line with Information.ai.
The report additionally highlighted that MX Participant has surpassed Hotstar, ZEE5, Jio TV and Jio Cinema to develop into probably the most downloaded app in India.
It grew to become the third most searched iOS app retailer key phrase in 2022 after Netflix and apps Scorching star.
MX Participant has international attain in additional than 17 markets together with UAE, USA, Canada, UK, Australia, New Zealand, Bangladesh, Nepal, Afghanistan, Sri Lanka and Maldives.
The platform stated MX Unique Collection like Campus Diaries, Aashram Season 3 and Dharavi Financial institution carried out properly.
Commenting on the report, MX Participant Chief Working Officer Nikhil Gandhi stated, “2022 has been a defining yr for MX Participant for a lot of causes. From understanding the heartbeat of our viewers to creating numerous content material, we now have targeted on constructing the platform to ship a holistic consumer expertise. ”
Gandhi stated the expansion has been spectacular and that the corporate is proud to “stay as much as its mission of offering leisure to a big and broad viewers.”
“We’re proud to be acknowledged and trusted as a premier leisure platform and sit up for delivering top-notch participating content material for years to return,” he stated.
In accordance with the report, there have been 255 billion new app downloads final yr, an 11% year-over-year enhance. Customers spend 5 hours a day on these apps, he stated. Android cellphone customers have spent 4.1 trillion hours on apps.
In accordance with the report, customers spent $167 billion on app shops and $336 billion on cellular in 2022.