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Adjust and data.ai unveil latest Diwali app trends for marketing 2023
Mumbai: Leading measurement and analytics company Adjust and leading mobile intelligence platform data.ai, have unveiled Diwali Decoded: India Festive Report 2023, delving into the trends of mobile apps during the Diwali season in India. The report showcases the exponential increases in app installs and session lengths across all verticals that have been analyzed as compared to the previous year. For example, Hotstar, India’s top entertainment apps during the festive season, Oct-Nov 2022. Entertainment app installs and sessions during Diwali were 25 per cent and 13 per cent higher than the year’s average, respectively. Additionally, installs and sessions for this vertical saw impressive growth during the first two days of Diwali, increasing by 24 per cent and 22 per cent on Dhanteras (Oct 22) and 38 per cent and 15 per cent on Choti Diwali (Oct 23), compared to the 2022 average, respectively. Most entertainment app installs and sessions occurred four weeks before Diwali, in which weekdays accounted for 35 per cent of total installs and 34 per cent of total sessions.
Recent data reveals that mobile apps have become the preferred choice for Indian consumers, with 46 per cent utilizing them for learning, 79 per cent for exploration, and a substantial 78 per cent for making purchases, particularly during this festive period.
“Analyzing app users’ behavior during Diwali, we’ve seen fascinating app usage trends, across various verticals, that mobile marketers can utilize to inform their upcoming holiday campaign strategies. The Indian mobile app market is on an upward trajectory, and we recommend marketers localize and personalize their messaging to best reach their target audiences during this festive time,” said Adjust regional VP for Southeast Asia, South Asia and ANZ April Tayson.
India’s rise as a powerhouse in the global mobile app arena is extremely impressive. With a flourishing smartphone user base and booming internet connectivity, the nation generated a staggering US$1.6 billion in revenue in 2022.
“Demand for mobile apps and games is on the rise in India. In 2022 alone, we saw nearly 29 billion downloads, up 8 per cent year over year. Holiday periods like Diwali can represent powerful times to reach and engage consumers on the device they always have with them: their phones. But it’s a highly competitive time, and brands need to know the lay of the land in order to benchmark and plan effectively for the Diwali 2023 holiday period,” said data.ai corporate marketing director Lexi Sydow.
The report is based on an in-depth analysis of Adjust’s top 2,500+ apps and the total dataset of all apps tracked by Adjust, with a focus on verticals such as shopping, fintech, entertainment, lifestyle, travel, and food & drink from September 2022 to November 2022. The analysis is based on data.ai’s proprietary App IQ and Game IQ taxonomy – the world’s most comprehensive digital taxonomy for mobile apps with over 250,000 apps classified across 316 subgenres – across the e-commerce, gaming, fintech, social, travel, health & fitness, food and drink, entertainment, OTT, and photo and video editing categories.
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
