App sales to more than double to USD 79 bln by 2020 - study

Wednesday 20 April 2016 | 14:09 CET | News
Worldwide mobile app revenue is set to grow by 2.2 times over the next five years, from USD 36 billion in 2015 to USD 79 billion in 2020, driven by emerging markets and higher in-app spending, according to a report from Ovum. The growth in revenues will more than outpace the number of app downloads, which are set to increase by 1.8 times from 211 billion in 2015 to 378 billion in 2020. In total, more than three times as much revenue will be generated between 2016 and 2020 than was generated between 2008 and 2015.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Ovum
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Eind 2021 24 miljoen 5G-abonnementen - Ovum

Published 29 Jun 2016 10:19 CET | World
Ovum verwacht dat er in 2021 wereldwijd 24 miljoen 5G-abonnees zijn na de verwachte commerciële beschikbaarheid van 5G-netwerken ...

Mobile games market forecast to grow 21% this year

Published 24 Apr 2016 02:53 CET | World
The global games market is forecast to grow 8.5 percent to an estimated USD 99.6 billion in 2016, according to Newzoo's latest ...

Ovum verwacht verdubbeling app-omzet

Published 20 Apr 2016 14:27 CET | World
De wereldwijde omzet uit apps zal de komende vijf jaar meer dan verdubbelen, schrijft Ovum op basis van eigen onderzoek. Volgens ...

Line messenger app passes 1 bln users milestone

Published 25 Mar 2016 08:13 CET | World
Mobile messaging provider Line reports it has surpassed 1 billion users. The Line app reached 215 million monthly average users ...

One in two Germans pays for apps - Bitkom survey

Published 23 Mar 2016 16:22 CET | Germany
One in two (47%) German smartphone users is willing to pay for apps, according to a recent Bitkom survey. Over a third (35%) have ...

Pandora, Line, Zoosk, highest earning iOS apps to date

Published 08 Mar 2016 20:29 CET | World
The top app by all-time worldwide revenue is Pandora Radio, released in July 2008, according to App Annie. Second came Line (June ...

China's app market to surpass US in H2 - App Annie

Published 11 Feb 2016 10:10 CET | World
China will surpass the US in terms of total revenue from app stores by the first half of 2016, having surpassed it in downloads ...

Wearables market will be worth USD 27 bln in 2020 - study

Published 29 Jan 2015 12:00 CET | World
The wearables market will be worth USD 27 billion in 2020, with 394 million devices sold, from 24 million units in 2014, ...

Calendar   /   Industry Events

07 Aug Starhub Q2 2020
07 Aug O2 Czech Republic Q2 2020
07 Aug TDS, US Cellular Q2 2020
07 Aug Dish Network Q2 2020
10 Aug Gogo Q2 2020
10 Aug Ceva Q2
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
11 Aug Radcom Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
12 Aug China Unicom Q2 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug Tecnotree H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
13 Aug RTL Group Q2 2020
13 Aug Teleste Q2 2020
13 Aug United Internet H1 2020
13 Aug China Mobile H1 2020
::: More Calendar Items