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The EU App Economy is the Second Largest Worldwide

Sep 6, 2013, 18:46 IST

VisionMobile/Plum ConsultingThe European Union is feeling the app love.

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A new study found that the EU produces 22 percent of app-related products and services worldwide, making it second only to North America (42 percent). Its App Economy (the range of activity surrounding mobile applications) supports nearly 800,000 jobs. That includes 529,000 direct App Economy jobs, represented 60 percent by developers. Across the 28 EU member countries, the App Economy pulls in revenue of more than €10 billion per year (around $13 billion)--pretty enormous growth from nothing five years ago.

When EU Commissioner for the Digital Agenda, Neelie Kroes, presented the study in Belgium, he stressed the importance of making public data available for cheap (if not free), building faster networks, and promoting tech startups.

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