Mobile App revenue expected to top $10 Billion in 2012

May 9, 2012 - PRLog -- In 2011 mobile app revenue was at the $8.5 billion mark, according to ABI research and is expected to explode in the next few years, reaching approximately the $10 Billion mark in 2012.

With Mobile hardware manufacturers constantly launching new products, the Mobile platform market has stabilized to some degree allowing Apple's IOS and Android to be the dominant platforms with well over a million apps available on both while RIM's Blackberry and Windows mobile are trying to catch up.

Mobile developers/programmer are creating impressive revenue streams for the platforms with pay per download and in-app purchases with apps built for companies and small time game developers,

The pay-per-download model is not as popular as it used to be, people welcome the in-app purchases. It is still a relatively new business model, but has been very successful is many popular mobile game platforms such as Temple Run and Angry Birds.

Mobile App development company, Redkey Media is currently developing a number of Mobile Apps that offer free download with premium content available as an in-app purchase, also known as the "Freemium" model. Redkey Media builds apps for all platforms including Apple's IOS, Android, Windows Mobile and Blackberry. Additionally, Redkey Media also offers cross platform development services to allow fast distribution of content on all major platforms.

Established in 2007, Redkey Media has worked with hundreds of companies across the world in everything from Mobile App Development, distribution, monetization and promotion.

Redkey Media
www.redkeymedia.com
1.888.240.2890 (Toll-Free)