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Cumulative Mobile App Revenues To Exceed $30B By End Of 2012

How much money have mobile apps made? By the end of the year the cumulative revenues of the global mobile app market will have exceeded $30 billion, says analyst ABI Research. This figure includes money from pay-per-download apps, in-app purchases, subscriptions and in-app advertisements — the whole app kit-and-caboodle if you will.

The figure, which comes from ABI Research’s Mobile Application Markets Research Service, is nearly double the amount of money apps had generated by the end of 2011, according to the analyst.

“Consumers’ high interest in apps has for a long time been obvious from download volumes, but it’s 2012 that will go down in history as the year when the economic side of the business finally took off,” said senior analyst Aapo Markkanen in a statement. ”We’re no longer talking only about a short-term gold rush. Apps have become a major digital industry.”

via ABI: Cumulative Mobile App Revenues To Exceed $30B By End Of 2012, Nearly Double 2011 Figure; Now “Major Digital Industry” | TechCrunch.

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