January 19, 2013

The mobile app economy is exploding (so, what else is new?)

Screen Shot 2013-01-19 at 9.42.07 AM.png Simon Khalaf in a talk Thursday at the Flurry Source 13 conference in San Francisco
reported by VentureBeat. More facts and figures than you can shake a stick at.

quotemarksright.jpgThe U.S. still leads in iOS and Android devices with 181 million units, compared to 167 million in China, 35 million in the United Kingdom, and 28 million in Japan. While still dominated by America, mobile is a global phenomenon, Khalaf said. China grew 293 percent in iOS and Android device activations in the last year. Vietnam grew 269 percent, and Colombia grew 260 percent.

In terms of minutes of use per day, mobile app consumption in the U.S. has reach 127 minutes, compared to 168 minutes for TV and 70 minutes for web browsing. In 2010, it was 70 minutes for web browsing, 66 minutes for mobile apps, and 162 minutes for the TV.

“This industry did not exist in 2008, but in the last year, $18 billion in revenue was generated from mobile apps,” Khalaf said. “It’s taken the web about 16 years to get huge, but mobile is matching that in about four.”

People spend about 43 percent of their time with smartphones playing games. But social networking has come on strong, accounting for 26 percent of time spent.quotesmarksleft.jpg

Read full article. Watch slideshow of Simon Khalaf's talk.

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