Mobile applications market is growing fast and few surveys has shown it to reaching at many billion dollar markets.This new survey has commissioned by one of the biggest mobile apps store ,get jar.
An independent study has found that the market for mobile applications will increase from $6 billion today to $17.5 billion in 2012. The study was commissioned by GetJar, the world’s second biggest mobile app store.
The study also reported that downloads of mobile apps will jump to 50 billion in 2012, a huge increase from 2009’s seven billion downloaded apps. The average price of mobile apps will also drop from $2.00 today to $1.50 in 2012.
GetJar is the world’s largest cross platform app store with over a half billion downloads to date. The company provides more than 50,000 mobile applications across all major handsets and platforms to consumers in more than 200 countries. In addition to distributing content directly to consumers, GetJar also works with a select number of distribution partners including but not limited to Sony Ericsson, Sprint, Opera, Vodafone, 3UK and Virgin Mobile.