App Store dominates mobile markets revenue chart
It will come as no surprise to most of you that the App Store dominated the mobile markets revenue charts in 2009, but with the huge growth of Android you might not expect to see it record a second straight year of domination. Is this trend going to continue in 2011? With Android on the rise and the Windows Phone Marketplace getting the support of world's biggest phone maker Nokia, the App Store will finally meet some serious competition.
Actually, its market share slipped more than 10% from the whopping 92.8% in 2009 to 82.7% in 2010. Nevertheless, the App Store had a huge growth of 131.9% on the year. Impressive? Not as much as the growth of Google's Android Market, which skyrocketed 8 and half times to register a total revenue of $102 million and a market share of nearly 5%. But despite the popularity of the Android platform, the Android Market fails to generate much revenue so far. BlackBerry's App World and Nokia's Ovi Store actually had a bigger revenue last year - $165 and $102 million respectively. Nokia's Ovi Store will merge into Microsoft's Windows Marketplace ecosystem. Add that the Marketplace already has more than 5,000 apps, it could be a legitimate contender this year.