Despite exponential growth, Android Market revenue remains low

Despite exponential growth, Android Market revenue remains low
According to new data from research firm IHS, the Android Market saw revenue grow by 861.5 percent year-over-year (YoY) from 2009 to 2010, although the actual dollar figures are tiny compared to all the other major app stores.

Revenue grew from $11 million in 2009 to $102 million in 2010.



By comparison, the Apple App Store saw 131.9 percent growth YoY, jumping to $1.7 billion.

More surprisingly, the BlackBerry App World had revenue of $165 million, and the Nokia Ovi store saw revenue of $105 million, both larger than Android despite a much smaller selection of available apps.

Google says there are 300,000 Android phones activated daily.



Written by: Andre Yoskowitz @ 21 Feb 2011 20:50
Tags
Android Revenue
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  • 3 comments
  • i1der

    So no adds supported apps revenue are been counted?
    I guess what is good to customer is not good in general.

    21.2.2011 22:04 #1

  • lamain

    I look at troughs numbers and see Google being the best app store. Though I am sure some developers would argue differently.

    22.2.2011 00:18 #2

  • xtago

    The idea is too sell a stupid amount of phones with android and sell apps at $1 a piece, it's small now but over time it will grow.

    As for the Apple store it has lots of phones but the items are a lot dearer than $1.

    23.2.2011 03:49 #3

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