29 Apr '14, 9am

Mobile Apps Projected to Reach $70 Billion by 2017

Mobile Apps Projected to Reach $70 Billion by 2017

Mobile apps are on a path to reach $70 billion in annual revenue by 2017. And while games drive the majority of app revenue now, they won’t stay on top of the heap much longer. Digi-Capital , an investment bank for mobile apps and games, said in its first quarter mobile apps study that non-game apps could double their percentage share of total app revenue from 26 percent to 51 percent by 2017, thanks to a 61.3-percent compound annual growth rate from 2013 to 2017.

Full article: http://morganlinton.com/mobile-apps-projected-to-reach-70...

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