Apps are expected to generate $25 billion this year – up 62% from a year ago. They are expected to double 2013’s numbers by 2015, when over $50 billion in revenue will have been generated.
There are 1.4 million apps available between Google and Apple, but 64% of them are free. The app sales, which average $3.18 per app bought for iphones, will exceed the entire book market by this time next year.
Windows only has 125,000 apps and Amazon has a paltry 70,000, so if either one builds on its app business, we may see an even bigger expansion of an already exploding sector.
Brian Feinblum’s views, opinions, and ideas expressed in this blog are his alone and not that of his employer, the nation’s largest book promoter. You can follow him on Twitter @theprexpert and email him at email@example.com. He feels more important when discussed in the third-person. This is copyrighted by BookMarketingBuzzBlog 2013 ©