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Digital
Apps worth loads in 2012
By CMU Editorial | Published on Thursday 18 March 2010
A new report predicts that by 2012 50 billion mobile apps will be downloaded each year, and that paid-for-apps will generate $17.5 billion a year worldwide. That, the report says, will make the app business bigger than the CD business, which it reckons will be worth $13.83 billion by 2012.
I think the message here is that bands should be making apps rather than albums, though a bulk of that seventeen billion will probably go on porn and stupid gimmicky fun-for-eighty-six-seconds downloads. Plus, the newspaper industry is sort of counting on the app sector to cover their ever mounting losses, so I’m not sure the music business can count on app sales alone to ensure its long term future.
Still, the report from Chetan Sharma Consulting makes for interesting reading, even if it was commissioned by Getjar, a mobile app store, so is probably a little biased. Perhaps we ought to think about making a CMU app after all. Hmm, which route to go though? Stupid gimmick or pornography.
