Answer
Do PWAs improve conversion rate?
Yes, when users actually install. Published case studies (Alibaba, Twitter Lite, Pinterest, Uber, BookMyShow) show 30-100% conversion lift after PWA adoption — driven by faster loads, offline support and home-screen install. The effect is largely from install: once your icon sits on the home screen, return sessions jump.
Where the lift comes from
Two levers: (1) faster loads (service-worker cache) improves same-session conversion, and (2) home-screen install shortens the path to return visits, which are always higher-intent than first-touch.
The install is the unlock
A PWA without installs performs the same as a mobile website. The measurable ROI comes from the install rate — which is what a well-timed install prompt drives.
Realistic expectations
Expect 3-8% install rate on mobile with a well-timed prompt, and 20-40% higher LTV for installed users vs anonymous mobile visitors.