According to a Gartner report, worldwide revenues from app downloads is expected to grow 62% this year to $25 billion. The growth in the mobile app market is driven by the increasing use of mobile devices globally. It is estimated that mobile consumers spend nearly two hours on an average each day with mobile apps.
According to market reports, over the past few years, growth within the vacation rentals industry in the U.S. has outpaced growth of the hotel industry in the country. Studies conducted by the Vacation Rental Managers Association revealed that from August 2011 through August 2012, the vacation rental bookings market grew 30% compared with 3% growth
According to Gartner in 2011, life science and technology companies worldwide spent an estimated $17.3 billion on software, consulting services, and internal IT personnel dedicated to sales support, marketing, and finance. For these companies, revenue management solutions are becoming a big part of IT spending. In a report published in 2009, IDC estimated that the
Things seem to be turning around for local business reviews site, Angie’s List (Nasdaq:ANGI). Recently, the company released their quarterly financials which managed to surpass market expectations. They attribute the success to an improving consumer economy. According to the U.S. Bureau of Economic Analysis, in April of this year, disposable income in the country fell
According to comScore’s 2013 Latin America Digital Future in Focus report released last month, Latin America recorded the fastest-growing online population of any region during the previous year. The number of unique Internet visitors in the region grew 12% over the year to more than 147 million as of March of this year. The increased use
According to eMarketer, the number of U.S. digital TV viewers is projected to grow from 106.2 million last year to 145.3 million by 2017. The researcher estimates digital TV viewers will account for more than a half of the total Internet user population in the country by 2014. The growth of digital video streaming will
A recently released Gartner report titled Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q12 Update pegs worldwide spending on public cloud services to increase 18% annually over 2011 through 2016 to $210 billion. Infrastructure as a Service (IaaS) will drive growth in the market by recording 41% annualized growth through 2016. Global SaaS spending is
Newzoo’s 2013 Global Games Market Report estimates that the worldwide online and electronic gaming market will grow 6% over the year to be worth $70.4 billion this year. The report estimates that by the end of this year, there will be more than 1.2 billion gamers worldwide. Growth in the market will be driven by emerging