Global revenue from mobile applications — including paid downloads and mobile advertising — could increase to $17.5 billion by 2012, from $4.1 billion last year, according to an independent study commissioned by GetJar, an app marketplace and rival to Apple’s App store. The study also estimates that downloads of applications could increase to almost 50 billion by 2012 from about 7 billion in 2009.
Both the GetJar report and a Yankee Group report point to the clear dominance of Apple, with Yankee Group saying that iPhone users download three times the average number of applications per year.
Read more at the Wall Street Journal.
