Communications Daily is a Warren News publication.

Annual mobile app revenue in North America will...

Annual mobile app revenue in North America will exceed $27 billion by 2018, Parks Associates said Thursday. That rise in annual revenue will come mainly from in-app purchases and in-app advertising revenue, the research firm said. Mobile apps are also…

Sign up for a free preview to unlock the rest of this article

Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!

“transforming all aspects of the connected home, and the app in a smart home system will be prime real estate for communicating with subscribers and promoting new services and features,” said Parks President Stuart Sikes. Between 57 percent and 73 percent of likely smart home buyers are interested in purchasing upgrades or additional equipment through their smart home system app, the firm said.