Mobile app development services market reached $US 20.5 billion in 2011
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According to the guys at research2guidance, research specialists, “the market for mobile application development services, including application creation, management, distribution and extension services, has reached $US 20.5 billion vs. $US 6.8 billion in app downloads in 2011”. In other words the development market surpassed the content market by the factor of 3. As can be seen in the chart below:
According to the report released by research2guidance currently most app project revenue is generated from “classical” app creation services (concept creation, design and coding), whereas new service types like app libraries, white label solutions and multi platform app development tools have become more and more popular.
Another interesting fact is that the prices for application development services differ depending on which region the developers are located in, while UK developers charge $US 626 per day, developers from India charge, on average, $US 138 per working day.
For those of you interested there is a sample of the report released by research2guidance, the sample can be found here.
