Hype: Mobile App Revenue: $35 Billion by 2014

Via ReadWriteWeb

"Mobile app developers will 'appify' just about every interaction you can think of in your physical and digital worlds," said 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."

A new report from International Data Corp. (IDC) is projecting that the mobile application business will soon grow from 10.9 billion downloads this year to 76.9 billion downloads in 2014. This growth will also mean a 60% per year increase in mobile application revenue, says the report.

By 2014, the mobile application business will generate $35 billion in revenue worldwide.

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android, blackberry, Hype, iphone application design, iphone development, mobile

Mark Cracknell

Director + Creative Lead at Binary Studio. Mark has 18 years experience within the digital and advertising industry. His passion (and talent) for design across digital platforms has made his work internationally awarded on campaigns for Volkswagen, Philips, McDonald’s and Johnson & Johnson. Recent mobile projects have been featured by Apple (Worldwide) and reached the coveted ‘Number 1′ position within the Australian App Store on multiple occasions. He is a member of the AIMIA (Australian Interactive Media Industry Association) and an all round nice guy.