Garter has predicted that making money from apps will soon get tougher with the presence of a number of apps for the consumers to choose from. Ken Dulaney, vice president and distinguished analyst of Gartner said that by 2018, less than 0.01 percent of consumer mobile apps will be considered a financial success by their developers. Also Read - Delhi Police launches trial version of its new mobile app
According to the predictions made by Gartner, by 2017, 94.5 percent of downloads will be for free apps, Tech Crunch reported. Ken Dulaney, vice president and distinguished analyst of Gartner said that most mobile applications are not generating profits as many of these mobile apps are used to build brand recognition and product awareness or are just for fun, TC reported.
Gartner warns that by 2017 the mobile browser would be used as “a sophisticated application delivery platform” and HTML5 will be” somewhat-standardized”.