This year, global mobile application revenue will reach 3.8 billion U.S. dollars

According to data released by market research agency IHS iSuppli, it is expected that Apple’s App Store application revenue in 2011 will reach US$2.91 billion, accounting for 76% of the total revenue of the global mobile application market.

According to the latest data released by IHS iSuppli, the total application revenue of the four major mobile application stores in 2009, namely Apple App Store, Google Android Electronics Market, Nokia Ovi Store and RIM's BlackBerry App World, was US$830 million; in 2010, it increased to 21 Billion US dollars; It is estimated that the market size of this year will reach 3.8 billion US dollars.

According to IHS iSuppli, if this growth momentum is maintained, it is expected that the mobile application market will reach US$8.3 billion by 2014. IHS iSuppli expects that app revenue from the App Store will account for 76% of total mobile application revenue in 2011. According to the report, the revenue of Apple’s iPhone, iPod touch, and iPad applications will increase from US$1.78 billion in 2010 to US$2.91 billion in 2011, an increase of 63.4%. According to IHS iSuppli, by 2014, Apple’s App Store application revenue will still account for 60% of the market. In addition, in 2011, Google Android Market application revenue will surge by 295.4% to 425 million US dollars.

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