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Wireless

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.

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Categories: Mobile & Wireless
Companies: Ovum
Countries: World
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