CodeNgo | The Business of App Development

Helping mobile app developers monetize their apps

Mobile app development has reached an inflection point

Posted on | May 16, 2013 | 2 Comments

The market for mobile app development is expected to grow from $25.2bn in 2013 to $92bn in 2018 according to Ridgecrest Capital Partners latest research study (which includes an honorable mention of CodeNgo). Backed by data from among others Vision Mobile, Ridgecrest lists a number of companies that have received VC funding in the space, and they also list companies that are likely to be the consolidators in the industry.

Ridgcrest also points to the complexity of being a mobile app developer, a concept that readers of this post are likely to not be a stranger of:

2013 05 15 Mobile complexity Ridgrest Mobile app development has reached an inflection point

So how big of a problem is the complexity? Well, where there is opportunity, there is talent, and talent deals well with complexity. Asymco points out in a recent article that “Apps are becoming the universal medium for entertainment and iTunes the universal distributor. Talent is catching on to this faster than those who manage and distribute their work. The inevitable result will be a mass migration of talent away from the established content industries.”  While we disagree on iTunes being the universal distributor (surprise), especially given Asymco’s love affair with Apple, their main point on the rise of apps is quite compelling. Apps are consuming more and more of consumers time, and has taken over for where other content types, like music, has been faltering. Bring on the talent.

We believe the mobile applications space has reached an inflection point and thus will gain increased interest on both the funding and M&A front.

- Ridgecrest Capital Partners

Be Sociable, Share!
  • more Mobile app development has reached an inflection point

Comments

2 Responses to “Mobile app development has reached an inflection point”

  1. nike air max pas cher
    June 12th, 2013 @ 10:11 am

    nike air max pas cher…

    Once again another great entry. I actually have a few things to ask you, would be have some time to answer them?…

  2. codengo
    June 12th, 2013 @ 10:48 am

    Sure – drop me a line at chris at CodeNgo dot com

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>