iSuppli just released a report on the state of the mobile app market. Here are some interesting excerpts:
“Given that Apple devices such as the iPhone, iPod and iPad are the market leaders in their field, the company’s App Store is expected to take in 76 percent of revenue this year and retain 60 percent market share by 2014, despite efforts by the other stores to match Apple’s ability to monetize its users, IHS believes.”
“Making a serious bid for consumer dollars, however, is Google’s Android Market, which will see the fastest growth in 2011. Android Market revenue will soar 295.4 percent this year to $425.36 million, on its way to become the second-largest application store.”
“BlackBerry App World will have the fewest downloads, numbering about 772.2 million, compared to a staggering 10.3 billion downloads for the Apple App Store and 5.8 billion downloads for Android Market.”
On the Future:
“Total download revenue from games and other applications are projected to continue rising in the next few years, jumping to $5.6 billion in 2012, $6.9 billion in 2013 and $8.3 billion in 2014.”
See the rest of the report at iSuppli.