El Segundo, Calif. – The four major mobile application
stores run by Apple (NASD: AAPL), Google (NASD: GOOG), Nokia (NYSE: NOK) and Research in Motion (NASD: RIMM) will see revenues
rise a combined 77.7% in 2011 to $3.8 billion, with Apple’s App Store expected
to account for three-quarters of the total market, according to a report from
IHS Screen Digest. App store revenues for the four companies were estimated at
$206 million in 2008, $830.6 million in 2009 and $2.1 billion in 2010.
Total
download revenues from games and other applications are projected to rise from
$5.6 billion in 2012, to $6.9 billion in 2013 and $8.3 billion in 2014.
Apple
will see App Store revenue rise 63.4% this year, to $2.91 billion; the company
will claim 76% of the market this year, and IHS Screen Digest projects the
company will retain 60% market share by 2014.
Google’s Android Market will see
the fastest growth this year, with revenue jumping 295% to $425.36 million and
helping the company leapfrog Research in Motion into second place.
The
BlackBerry App World is projected to bring revenue of $279 million this year,
up 69% from 2010, while Nokia’s Ovi Store will see anticipated revenue of $201
million this year.
The total number of downloaded applications is expected to
reach 18.1 billion this year, up from 9.5 billion in 2010, 3.1 billion in 2009
and 419.2 million in 2008. The firm predicts mobile app downloads will top 33
billion in 2014.
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