Global spend on online movies, games and mobile apps increased 30% in 2013
Global spend on online movies, games and mobile apps increased by 30% to $57 (£34) billion in 2013 compared with $44 (£26) billion in 2012, research from App Annie and IHS Insight has found.
Mobile apps were a critical part of that growth, with overall app spend jumping 2.3 times year-over-year to $16bn, the report found.
Music apps saw a big growth, up 77 per cent from 2012 to 2013.
“The growth was led by music services such as Pandora, which bills through app stores and also generates revenue from advertising,” the report stated.
“Subscription music services have been a driver of growth in Read full story ›
Source: The Drum
