Mobile App market to skyrocket to $17.5 billion by 2012

Nexus One PhoneAccording to a study released today, the Mobile Apps market will skyrocket to $17.5 billion within 3 years. The study was commissioned by GetJar, an independent mobile phone application store who supplies mobile apps for Android, Symbian, and Windows Mobile.

According to the report conducted by Chetan Sharma Consulting, mobile app downloads should jump from 7 billion in 2009 to almost 50 billion by 2012. The report predicts that by that time the market will be worth $17.5 billion.

GetJar chief executive Ilja Laurs stated “It is easy to see how mobile apps will eclipse the traditional desktop Internet. It makes perfect sense that mobile devices will kill the desktop.” According to Laurs, 17% of GetJar users spend more time on Internet-linked mobile phones than they do on desktops.

Mashable


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