Apple App Store dominates others in App market share as it grows by a billion dollars: Google Android & Nokia Ovi show exponential growth!

February 18, 2011, By Shawn Wagnon

The moment people look at these charts they will tell you that Apple is in decline and others are growing so fast that they might catch up and get past the Apple App Store soon. But that is barely the reading the chart makes. Apple might have hit bit of a saturation point with the iPhone market, but what the figures really tell you is that people are way more interested in Smartphones and App purchases now than in 2009.

That is simply the truth of things without trying to make sensational claims for the sake of attention. Apple is not in decline. Not even close to a decline. The Smartphone market has grown and with it more money is there for everyone out there in the App Market. In fact, Apple App Store has made a billion dollars more in 2010 compared to 2009 (From $769 million to $1,782 million). That is an increase in revenue of just over a billion bucks.

If that is an alarming slide or a great decline, then we are sure that many business firms across the globe would gladly settle for it over marginal profits!! But their market share has come down. Again, thanks to growing consumer interest in the app market and their willingness to spend more. Also thanks to the emergence of Google Android. The Android app market has grown 8.6 times in a year’s time while the Nokia Ovi Store has grown by 7.2 times.

Blackberry though needs to be worried as people obviously do not seem to be too interested in their apps. No matter which way you look at it, the Smartphone app market is booming and people are gladly going back to the respective App Stores for more. Expect the trend to continue in 2011.

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