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US mobile application sales to reach $9.0 billion by 2011

Categories: Applications, Research
By: , IntoMobile
Saturday, June 2nd, 2007 at 5:46 AM

Compass IntelligenceA new research from Compass Intelligence indicates that businesses in the US will spend $3.8 billion on mobile applications this year, while that number is expected to reach $9.0 billion by 2011. To improve productivity and collaboration across businesses, business will be spend on mobile and wireless-based custom-coded and packaged applications, including productivity, ERP, e-mail, CRM, security applications, and more.

The research also found:

  • The Professional Services and Government industries are expected to be the two largest spenders on US mobile applications representing 37 and 22 percent respectively in 2007
  • The Small Business (representing 38%) and Enterprise Business (representing 42%) segments are expected to be the largest spenders on mobile applications from 2006-2011.
  • US annual growth rates in this market range from 20 to 37 percent from 2006 to 2011.

“Because of the converged world of communications, applications and mobile applications are creating huge buzz and interest in the market,” says Stephanie Atkinson, Managing Partner at Compass Intelligence.

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About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.