102 billion annual downloads expected from mobile app stores

TECHi's Author Michio Hasai
Opposing Author Gartner Read Source Article
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Michio Hasai
Michio Hasai
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How many apps do you have on your phone? It’s a question that few could answer accurately. Today, it’s getting to the point that many have trouble answering a question about how many mobile devices they have in their household. According to Gartner, this trend is translating into big numbers and staggering dollar amounts.

Gartner

Gartner

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Mobile app stores will see annual downloads reach 102 billion in 2013, up from 64 billion in 2012, according to Gartner, Inc. Total revenue in 2013 will reach $26 billion, up from $18 billion in 2012. Free apps will account for 91 percent of total downloads in 2013 (see Table 1). Gartner said that in-app purchases (IAPs) will account for 48 percent of app store revenue by 2017, up from 11 percent in 2012.

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