App Business to Be Worth $17.5 Billion by 2012

App Business to Be Worth $17.5 Billion by 2012
The global mobile applications economy is set to be worth $17.5billion by 2012,according to a new study by Chetan Sharma Consulting and commissioned by app store GetJar.

The market research firm indicates that mobile app downloads across all types of handset are expected to increase from over 7 billion downloads in 2009 to almost 50 billio…

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