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July 26, 2011 / David Bleeker

App Store, Android Market spur explosive app download growth

Researcher In-Stat projects 48 billion app downloads by 2015 generating more than $29 billion in app revenue

Thanks to Apple’s App Store, Google’s Android Market and a number of smaller online stores, the explosive growth of mobile application downloads continues.

In-Stat said the rate of downloads has increased as the market for apps has become flooded. Apple’s three-year-old App Store, for instance, now offers more than 425,000 apps while Android Market offers more than 200,000. [read more]

 

 

 

 

 

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