The “app economy” has created 519,000 jobs across the U.S.,...
The “app economy” has created 519,000 jobs across the U.S., responsible for almost $10 billion in revenue in 2011, projected to grow to more than $46 billion by 2016, said a study by CTIA and the Application Developers Alliance. Top…
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states are California, with $8.2 billon in annual “economic impact,” followed by Washington ($2.7 billion), New York ($2.3 billion), Texas ($1.2 billion) and Massachusetts ($1.1 billion). FCC Chairman Julius Genachowski has emphasized the expanding size of the apps economy and its contribution to the overall economy (CD April 12 p6). “While app innovation is occurring across the country, particularly in renowned high-tech areas such as California and Washington, some unexpected states have emerged to the top app economy states,” the report said (http://bit.ly/QQVGj6). “For example, Virginia and Maryland have close ties to government agencies and the military thus are developing apps for those sectors. Massachusetts’ app developers are making higher education more accessible, while one Colorado app developer created the iTriage app, which helps people identify what could be wrong based on their medical symptoms."