Consumers expected to spend $6.2 Billion on mobile apps in 2010

researchA recent report from Gartner predicts consumers will spend $6.2 billion on mobile applications in 2010, up from $4.2 billion in 2009.

Gartner also estimates that consumers will download over 4.5 billion apps this year, four out of five of which will be free, up from 2.5 billion in 2009.

“Games remain the No. 1 application, and mobile shopping, social networking, utilities and productivity tools continue to grow and attract increasing amounts of money.” said Stephanie Baghdassarian, research director at Gartner.

Researchers estimate the mobile app marketplace will grow to $29.5 billion by the end of 2013. This revenue forecast includes end-user spending on paid-for applications and advertising-sponsored free applications. Advertising-sponsored mobile applications are expected to generate almost 25 per cent of mobile application stores revenue by 2013.

Comments are closed.