Shazam’s IPO Expected Soon

According to market reports, an average U.S. mobile phone user spends more than 127 minutes a day on mobile apps. Of that time, nearly 43% is spent on gaming apps, followed by 26% of the time being spent on social media apps like Facebook and Twitter. Entertainment apps, which include music and TV viewing, account for 10% of the time spent on mobile apps. Utilities account for the remaining 10% of time spent. Gartner expects the global mobile app industry to be worth $25 billion this year. The market is projected to grow to $46 billion by the year 2016.

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Conduit – Another Billion-Dollar Valuation

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.

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Home Away’s Expanding Offerings

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 within the hotel industry in the similar period. PhocusWright estimates the U.S. vacation rental industry was worth $85 billion last year, and it expects the market to continue to grow.

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Model N’s IPO

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 absence of revenue life cycle management solutions for these companies caused a loss of more than $11 billion in annual revenues.

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Angie’s List Stock Improves, But …

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 0.1%, but when adjusted for inflation the metric showed an improvement of 0.1% over the year. Similarly, during April, consumer spending fell -0.2%, but when adjusted for inflation grew 0.1%.

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MercadoLibre Unfazed by Competition

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 of the Internet is driving online retail sales. Over the year, the number of online consumers in the region grew 16%. In fact, retailer Walmart’s website reported 11.7 million unique visitors in March, an increase of 163% over the year. It is this increasing online traffic that is attracting other e-tail giants into the region.

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Yahoo Eyes Hulu Now

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 also spur growth in advertising in the segment. eMarketer predicts that out of the total spending of $42.52 billion on digital ads this year, marketers will spend $3.8 billion on online video ads.

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SAP’s Cloud Expansion

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 projected to grow 20% annually to $32.8 billion by 2016. The growing importance of cloud-based offerings is ensuring that the major technology players concentrate their efforts on bagging a bigger share of this market.

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Rovio’s Entertainment Empire

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 markets in Latin America and Asia Pacific, which are expected to be worth $3 billion and $25.1 billion, respectively, this year. Console games will remain the leading gaming platform with 43% of the market, translating to $30.6 billion. Smartphone- and tablet-based games are projected to grow 35% to $12.3 billion.

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Adobe’s Subscription Move

According to Gartner’s Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q12 Update worldwide spending on public cloud services is estimated to have grown 19% last year to $110.3 billion. The market is projected to grow 18% annually over the period 2011 through 2016 to be worth $76.9 billion by the year 2016. Within the market, SaaS segment is expected to grow 20% annually from $13.5 billion in 2011 to $32.8 billion in 2016.

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