App revenue for mobile devices has gone beyond hitting high gear, it’s headed for hyperspace. A new report estimates that revenue for all app stores will hit $25 billion in 2013.
Apple’s iOS App Store and Google’s Play Store will once again lead the way this year, according to new figures out from Gartner. The Wall Street Journal reports that the industry analysis firm forecasts a 62 percent jump in app store revenues, with total revenues for the industry rising to $25 billion.
Apple and Google’s app stores are basically even in the number of apps they offer, (about 700,000 apps), while other app stores such as those ran by Blackberry, Microsoft and Amazon, have app libraries that run into the tens or hundreds of thousands.
Gartner’s study found that 63% of the daily used apps are different from the daily used apps from a year ago. Customers tend to focus on about eight apps, even when they have numerous apps on their mobile devices.
Established developers still take the lion’s share of attention on the app stores, with only 2% of the top 250 publishers in the Apple App Store being newcomers. 3% are new in Google Play’s top 250 developers.