Slashdot Mirror

← Back to Stories (view on slashdot.org)

The App Economy Will Be Worth $6 Trillion in Five Years (recode.net)

Posted by msmash on from the growing-affinity dept.

An anonymous reader shares a report: In five years, the app economy will be worth $6.3 trillion, up from $1.3 trillion last year, according to a report released today by app measurement company App Annie. What explains the growth? More people are spending more time and -- crucially -- more money in apps. While on average people aren't downloading many more apps, App Annie expects global app usership to nearly double to 6.3 billion people in the next five years while the time spent in apps will more than double. And, it expects the average app spend -- including app-store purchases, advertising spend and, most importantly, commerce -- to increase from $379 per person to $1,008 in 2021. The 800-pound -- or $6 trillion -- gorilla in the room is mobile commerce.

5 of 92 comments (clear)

  1. So... by Daetrin · · Score: 4, Funny

    Will that appy apps are apper appy app guy finally have something relevant to say in response to this?

    --
    This Space Intentionally Left Blank
  2. Only apps can app apps! by Anonymous Coward · · Score: 5, Funny

    Modern app appers app other apps using apps, NOT LUDDITE software!

    Apps!

    1. Re:Only apps can app apps! by avandesande · · Score: 1, Funny

      Mod up!

      --
      love is just extroverted narcissism
    2. Re:Only apps can app apps! by JonnyCalcutta · · Score: 4, Funny

      Hold on, I'm trying to find a mod app...

  3. Hey . . . by hduff · · Score: 3, Funny

    There's an app for that.

    --
    "I believe in Karma. That means I can do bad things to people all day long and I assume they deserve it." : Dogbert