Mobile App Market Will Continue To Be Where It’$ @!
The total mobile app market anticipated to be worth $25 Bil by 2015!
Details:
A new report from MarketsandMarkets indicates that the total global mobile applications market is expected to be worth $25 billion by 2015, up from about $6.8 billion in 2010, with a compound annual growth rate of 29.6 percent from 2009 to 2014. Apple’s App Store is projected to hold nearly 20.5 percent of the global market by 2015. Though Asia is the largest market in terms of mobile app downloads with 36 percent, North America led the market since 2009 with a 41.6 percent revenue share. The European mobile applications market stood at $1.2 billion in 2009, but is expected to become the largest market by 2015 at $8.4 billion and growing at a CAGR of 33.6 percent from 2010 to 2015.
(Source: TechCrunch, 1/18/2011)
Or in other words:
if this is news to you, you might be living under a rock! still, nice benchmark #s. now the question is, what phone will you have in 2015?
