Showcases explosive growth in mobile app economy as SXSW begins
(Austin, TX) – As mobile and digital media entrepreneurs descend on Austin for South by Southwest (SXSW), Mobile Future today debuted a new infographic—All About Apps —showcasing this relatively new segment of the mobile marketplace and its contributions to U.S. innovation, job creation and economic growth.
With mobile technology expected to be a cornerstone of this year’s confab of innovators, artists and entrepreneurs, here are some of the key points spotlighted in this latest installment of Mobile Future’s infographic series:
- In 2007, the app industry didn’t exist. It took nine months to reach 1 billion apps downloaded. By year’s end, two billion apps will be downloaded—every week.
- While most apps are free or very low-cost to consumers, they are making real economic contributions. The apps economy has created at least 500,000 U.S. jobs and will grow from a $25 billion marketplace this year to $46 billion in 2016.
- The average mobile American has more than 100 apps on their smartphone—and spends, on average, 127 minutes a day using them.
- 1.3 million apps are submitted to Apple’s app store alone each year.
The All About Apps Infographic can be found on the freshly relaunched mobilefuture.org website. The online hub offers news, resources and tools for the mobile technology and policy community. Built fully responsive for mobile devices, the site seeks to advance Mobile Future’s mission—to be a thoughtful voice and advocate for the mobile innovation community and all that it makes possible for U.S. consumers and our economy.
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Mobile Future is a coalition of cutting-edge technology and communications companies and a diverse group of non-profit organizations, working to support an environment which encourages investment and innovation in the dynamic wireless sector. Our mission is to help inform and educate the public and key decision makers in business and government on the broad range of wireless innovations that are transforming our society and the nation’s economy.