Emergence of 3G Technologies Driving Demand for Mobile Applications01 Nov 2011 • by Natalie Aster
A recently published report “Global Mobile Applications Market 2010–2014” by Infiniti Research reveals that the Global Mobile Applications market is expected to grow at a CAGR of 28 percent over the period 2010–2014. The report, which covers the Americas, APAC and the EMEA region, indicates that the market is being driven by the introduction of 3G and 4G technologies.
According to Technavio’s industry analyst, “With better connectivity and reduced downloading time, the number of application downloads have increased over the last few years. This has been possible because of the introduction of 3G and 4G technologies. These technologies help in increasing the speed of the internet in mobile phones; providing end-users with greater speed and connectivity. This results in larger number of download of applications, which indirectly increases the revenue of the Global Mobile Applications market.”
Global Mobile Applications Market 2010–2014
Published: September 2011
Price: US$ 1,500.00
The report also highlights that the inability of mobile applications to support multiple OS platforms is hindering the growth of this market. However, the explosive growth in the smartphones segment is expected to boost the demand for these applications. This market is also marked by demand for application monetization leading to greater number of advertisements. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in the report include Apple Inc., Research in Motion, Nokia, and Google.
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