Study: Consumers to Spend $17.5 Billion on Mobile Apps in by 2012
Study: Consumers to Spend $17.5 Billion on Mobile Apps in by 2012
Posted 03/18/2010 at 4:32am
| by Paul Lilly
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Take note, software developers - there's big money to be made in the mobile app market. According to an independent study commissioned by GetJar, the world's second largest app store, the market for mobile software will balloon to $17.5 billion by 2012.
"It is easy to see how mobile apps will eclipse the traditional desktop Internet," GetJar chief executive Ilja Laurs told AFP. "It makes perfect sense that mobile devices will kill the desktop."
That might be taking it too far, but there's no denying how huge the mobile app market has become. Apple's App Store alone contains more than 150,000 iPhone apps and has noted over 3 billion downloads, and Google's Android Marketplace is gaining steam. At last count, there were more than 30,000 programs designed for the Android platform.
Market analysts say the explosive growth is a direct result of the increased data plans, which isn't surprising when you consider that many wireless providers require some sort of data subscription.
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QuakindudeMod
March 18, 2010 at 6:01am
Getjar Exec is an idiot saying that mobile devices will kill the desktop. I'm sure he meant just for Internet use, or at least I would hope so. Otherwise, that guy needs to be fired.
But yeah, I didn't have my smart phone for more than an hour before I bought my first app for expanded calendaring options.
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