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Gartner Predicts Rapid App Store Revenue Increase

Thursday, January 27, 2011 5:01:00 AM PDT | VentureDeal Staff

   Egham, UK  --  Technology research company Gartner is issuing its predictions on the mobile applications store space.

According to its current report, the company is forecasting a revenue growth of 1000% between 2010 and 2014.

The firm says that mobile application store revenues will reach $58 billion by 2014, compared to 2010 revenue of $5.2 billion.

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