Apple Is the Unprecedented King of Application Store Market

January 20th, 2010 by Manoj Jasra Leave a reply »

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Just like Google is the king of search engine land, who rules the throne of Mobile Applications Store ? I guess I shouldn’t be asking this, as the obvious answer to come in chorus would be, Apple. And why not? If you have a monopoly over the app store market with with 99.4 percent share , you are definitely the most robust emperor.

With more than 2.5 billion apps downloaded and revenue of more than $4.2 billion in the year 2009, Apple’s monarchy in the app store market couldn’t be challenged by few small stores that sprouted under the hood of the app’s craze amongst the iPhone lovers. According to the predictions by Gartner, the app market will reach nearly $30 billion in revenue by 2013, absolutely a gala time for Apple and good news for those eying business in the field.

Apple has some budding competitors that the company may not risk of ignoring. First on the list is Google’s Android which already has 20,000 apps accredited to its app library. The others trying their hand out in the field are RIM and Microsoft but will need much time to reach onto the former leader.  Apple currently owns 150,000 apps and is high on hopes to double the count by the end of 2010.

So even in the closest rounded figures Apple is actually 100% app market share holder. Couldn’t be more better for the American company. But will Apple continue the dominance or should fear from Google’s Android? Its already battling a cold war with the search giant as the news about its alliance with Microsoft to have Bing as the default search engine on its iPhone gets some air recently. The next decade will witness quite interesting changes in the technology industry.

News Source: Infoworld

Image source: Koreaittimes

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