Revenue generation of the global app market is projected to reach $15.65 billion in the next four years. This has been said in a recent report by research2guidance where they mention that the cause for this is the rising focus of OS and OEM developers on applications and the increasing trend of ‘smart devices’ in the market.
The mobile industry has seen a surge in handsets with advanced capabilities in the past year. The market’s growth is also driven by the highly progressive and connected consumer base globally. If things continue in a similar manner then global smartphone user numbers would reach 970 million in 3 years’ time.