App Market $2.2 billion H1 2010
Research2Guidance has some research that shows the smartphone application market reached more than 2.2. billion dollars in the first half of 2010. For comparison, this half year figure is more than that for the whole of last year (2009).
We are told… "the overall decline of app prices has reclined" and "Average application prices steeped to $3.60 US per paid application in the first half of 2010"
Research2Guidance predict that "The next wave of new app stores will be niche stores specializing on e.g. business or mobile health apps."
While I believe there’s a lot of potential in more vertical apps, I suspect they will be sold B2B rather than via niche stores.
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