Mobile Apps Set for Explosive Growth

Mobile application downloads will soar by more than seven-fold in the next five years, totaling more than $35 billion in sales worldwide, according to a new report from IT research firm International Data Corp.

This staggering growth is expected to come not only from downloads to smartphones but also to tablet PCs like Apple’s iPad and Research In Motion’s much-anticipated PlayBook mobile device. Eventually, the IDC report concludes, mobile apps will be used by virtually every device and appliance in users’ homes, creating unlimited opportunities for mobile application developers, device makers and mobile security providers.

“Mobile app developers will ‘appify’ just about every interaction you can think of in your physical and digital worlds,” IDC analyst Scott Ellison wrote in the report. “The extension of mobile apps to every aspect of our personal and business lives will be one of the hallmarks of the new decade with enormous opportunities for virtually every business sector.”

via Mobile Apps Set for Explosive Growth: IDC –