Eureka! Developers Strike Gold As Mobile App Revenues Expected To Surge To $US38 Billion By 2015

Mobile analysts paint a pretty picture for app developers: the value of all mobile and smartphone apps are expected to be reach more than $US38 billion in less than 4 years.

The stunning growth in the app marketplaces can be attributed to the popularity of Apple’s iPhone, which launched with only a small selection of apps on its arrival in 2007. How things have changed since then...

Given the expansion of Android as a dominant player and Windows Mobile (and their recent partnership with Nokia), in addition to more than a million apps available for the iPhone from iTunes, analyst John McCarthy of Forrester Research predicts that the emergence of cloud, mobile and ‘smart technologies’ (which include electric cars and power saving equipment) will push the market beyond the basic hardware/gadget side.

[via Forrester Research]

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