Mobile App Revenue Pegged at 38B for 2015
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The mobile market is posting healthy gains in a number of sectors -- tablets and e-readers are being billed as the next big money-makers in wireless data, the mobile app market is sustaining significant growth and smartphone shipments this year are expected to again exceed those of computers.That's the major news coming out of a spate of recent research on the mobile industry this week. In his assessment of the wireless market, analyst Chetan Sharma says connected devices -- e-readers and tablets -- are on course to surpass earnings from mobile phone subscriptions. Still, he predicts that carriers will need to adopt multi-device data plans to capitalize on the trend. Sharma also says that smartphone shipments will continue to eclipse those of computers, eventually also providing more profits.
Meanwhile, the mobile app market is expected to reach $38 billion by 2015, as innovations in mobile, cloud and smart computing combine to drive growth, according to Forrester Research.