Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

People say we're running out of energy. That's only true if we stick with these old 19th century technologies. We are awash in energy from sunlight.

 

Ray Kurzweil

 

Mobile growth is huge, and could surge 3x in the next 2 years

RATE THIS! +38
Posted in Hardware on 21st Feb, 2015 05:39 PM by AlexMuller

Mobile has been one of the biggest drivers of growth in the tech sector since the iPhone’s launch. But if Digi-Capital‘s predictions hold water, you ain’t seen nothing yet. According to the research firm’s latest Mobile Internet Investment Review, investors plowed more than $32 billion into mobile tech companies in 2014.

 
The most valuable of those companies, the 68 mobile “unicorns” with a valuation of $1 billion or more, added $28 billion to their combined value in just the fourth quarter to reach a total of $261 billion.
 
“To put the $28B value added last quarter in perspective, that’s $300M [per day], or more than 30 Tim Cooks (who got paid over $9M last year) a day,” said Tim Merel, the managing director of Digi-Capital.
 
“But it wasn’t all plain sailing, as fourteen of the billion-dollar companies lost value (in some cases multiple billions of dollars). Admission also doesn’t guarantee lifetime membership, with two former unicorns falling below $1B in Q4 for a total of five dropouts last year.” You might think that these unicorns are the cream of the crop, and you’d be right. But even within this exclusive club, there’s a tier of truly successful elite companies.
 
Just 20 of those 68 billion-dollar mobile companies account for almost 70 percent of the entire group’s value, or $178 billion of the $261 billion total. Those top 5? Uber, WhatsApp, Twitter, Flipkart, and Snapchat.
 
Digi-Capital predicts that revenue from the mobile Internet will top $700 billion annually by 2017, more than tripling its 2014 figure. The vast majority of that, $500 billion, will come from m-commerce, or purchases made by people using their phones to order things online.
 
The U.S. and Europe will account for a fair amount of m-commerce growth. But where the market will really boom is in Asia, which will account for almost half of the m-commerce total by 2017, Digi-Capital predicts.

Tags: mobileappsmartphonebusinesssoftwareonline

Read original article » Back to category

Comments

Author: Guest
Posted: 2015-02-22
+1
It is very likely that predictions about mobile technologies and continued growth are correct - this technology is relatively new and opportunities are huge Reply


 

Recent headlines

  • Posted in Business on 2017-09-21 08:16:42
    Google signs $1.1bn HTC smartphone deal..read more
    Posted in Business on 2017-09-21 08:11:40
    US solar plant costs fall another 30 per cent in just one.....read more
    Posted in Science on 2017-09-21 08:04:25
    SpaceX will call global internet satellite network Starlink..read more
    Posted in Software on 2017-09-20 19:05:15
    Google boosts Cloud Natural Language API with automatic.....read more
    Posted in Software on 2017-09-20 18:55:34
    Salesforce to launch $50 million artificial intelligence.....read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    Scientists probe Neptune's depths to reveal secrets of icy.....read more
    Posted by AlexMuller
    New terahertz imaging approach could speed up skin cancer.....read more
    Posted by AlexMuller
    Rebutting the claim that antidepressants do not work..read more
    Posted by AlexMuller
    Artificial neural networks decode brain activity during.....read more
    Posted by AlexMuller
    Four Earth-sized planets detected orbiting the nearest.....read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me