In the United States, the app economy, as of late 2012, had created close to 530,000 jobs and served as a significant economic driver for a number of states. A study released by CTIA-The Wireless Association and the Application Developers Alliance, dubbed The Geography of the App Economy, reported more than 2.4 million apps available on more than 11 different operating systems and the stat that by 2016, mobile app revenue would be more than $46 billion.
Europe wants in. No wonder, when you see stats like the one from ABI Research this year that point to the combined app revenue from tablets and smartphones being projected to reach $92 billion by 2018, and to the app economy growing at 44.6 percent on average annually. But the continent needs some data to help it get its spot in the limelight, which is where Eurapp comes in.
The newly launched venture, Eurapp, was birthed by the European Commission, and is being run by the Digital Enterprise Research Institute at NUI Galway in conjunction with tech industry analyst firm GigaOM Research. It’s part of the Startup Europe initiative of the European Commission’s Digital Agenda, which aims to help tech entrepreneurs start, maintain and grow their businesses in Europe. NUI Galway’s Dr John Breslin, SIOC creator and co-founder of iPad news and social reader app StreamGlider (see our story here) is leading the Eurapp project at DERI.