Skip to Main Content

Mobile App Revenue is Soaring (thanks to advertising)

Posted on 2.23.2011

Revenue from mobile applications will soar from $5.2 billion in 2010 to $15.1 billion by the end of this year, according to research from Gartner, Inc. The surge will be the result of more than 18 billion downloads by users on their smartphones and tablets running applications from Apple, Android, Blackberry and others. The revenues will continue to climb, says Gartner, as users become more trusting of paid applications and increasingly familiar with the payment processes involved. One of the strongest forces behind the growing app economy, however, will be advertising, which will account for nearly a third of all app revenues by 2014.

This is one item from the April 2011 issue Mobile Minute department.

← See Previous

Upgrade to a professional-level subscription or renew to receive your free copy of Web 360!

Leave Your Comment

Login to Comment

Become a Member

Not already a part of our community?
Sign up to participate in the discussion. It's free and quick.

Sign Up

 

Leave a comment
    Load more comments
    New code
  •