Mobile Apps to Grow 60% CAGR Through 2014

Mobile Apps to Grow 60% CAGR Through 2014
According to a new forecast from market research firm IDC, the number of downloaded apps is expected to increase from 10.9 billion worldwide in 2010 to 76.9 billion in 2014. Worldwide mobile apps revenues will experience similar growth, surpassing $35 billion in 2014.

"Mobile app developers will 'appify' just about every interaction you can think of in your physical and digital worlds," notes Scott Ellison, vice president, Mobile and Wireless research at IDC. "The extension of mobile apps to every aspect of our personal and business lives will be one of the hallmarks of the new decade with enormous opportunities for virtually every business sector."

Just as apps moved from smartphones to media tablets in 2010, IDC expects that “In 2011 and beyond, mobile apps will find their way into even more devices, including connected TVs and, by extension, the connected home.”

Tuesday, December 14th 2010

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