News Articles

Thursday, April 28, 2011

Apple App Store will generate three-quarters of all application store revenue this year

The four mobile application stores run by Apple, Google, Nokia and RIM will generate $3.91 billion (£2.35 billion) worldwide between them this year, an increase of 65.7% from 2010 according to IHS Screen Digest. Apple will be responsible for 75% of this market.

In 2008, the app market was worth just $207.33 million.

These figures - generated from total download revenue - are expected to double by the end of 2014 to $8.46 billion. Although other app stores will start to eat into Apple’s market share, its App Store is still expected to have 60% market share in 2014.

Google’s Android Market is predicted to see the fastest growth this year, overtaking Research In Motion and moving into second place. Android app revenue in 2011 is expected to increase 295.5% year-on-year to $404.15 million.

The total number of downloaded applications this year is expected to reach 18.6 billion, almost double last year’s 9.5 billion app downloads.

IHS iSuppli Research: app store revenue

Author: The Fonecast
Rate this article:
No rating

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment


Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«July 2024»


Terms Of Use | Privacy Statement