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Mobile: 37 per cent of consumer technology spending in 2012

July 26th, 2012, 13:25 Posted By: wraggster

An insane $0.8 trillion of a $2.1 trillion market.
Bugger the recession, Gartner reckons spend on consumer tech will rise $114 billion in 2012 compared with 2011, and will reach a staggering $2.7 trillion by the end of 2016.
The market broadly constitutes devices based around mobile, computing, media and entertainment, plus all the services that make them useful.
Mobile alone will hit $1 trillion by 2016, with devices accounting for ten per cent of the spend. That's $222 billion this year and $300 billion by 2016.
Gartner predicts that consumer spending on mobile apps stores and content will rise from $18 billion in 2012 to $61 billion by 2016.
And the other great growth area will be digital books, news and magazines – up from $5 billion in 2012 to $16 billion by 2016.

http://www.mobile-ent.biz/news/read/...in-2012/018776

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