Market researchers predicts the Global Application Store market over the period of 4 years from 2012-2016 to rise at a CAGR (Compounded Annual Growth Rate) of 32.83% and its one of the major factors contributing to this market development is the mounting entrance of broadband.
Analysts reported that the Global Application Store market has also been witnessing rising getting of mobile advertisements, but the lack of high-speed broadband could cause a challenge to the growth of this surprising market.
TechNavio, which provides market research in its recent report, said that this emerging market important vendors includes Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), BlackBerry (NASDAQ:RIMM) and Nokia Corporation (ADR) (NYSE:NOK), while some of the other major vendors leading this market space are Microsoft Corp, Samsung Electronics Co Ltd and Amazon.com Inc.
TechNavio’s analysts said that mobile all types entertainment which includes gaming, browsing, and watching videos on a mobile phone. And as the first concerns of users change, their lifestyle also changes. Analysts said that currently, people have to travel more for their business purposes, and therefore they haven’t much time for entertainment, and this is the one of the main reason of adoption of applications for entertainment is increasing daily.
The report said that one of the other main points is the increasing adoption of mobile broadband, and as mobile broadband is needed to download and use mobile apps, its accessibility will promote consumers to download apps and progress the functionalities of their mobile devices.
In India, a study on brand preference shows Nokia, Samsung and Tata lead the list of the most trusted brands in the country’s eastern region.
The latest study titled “Brand Trust Report, India Study”, conducted by the Trust Research Advisory (TRA), Nokia Corporation (ADR) (NYSE:NOK) and Samsung, which came out as the two most popular brands in India year, and keep their trusted crown in the eastern areas as well.
TRA studied India’s 500 most trusted brands’ movements in the eastern regions of India along with a pan-India scenario. Nokia Corporation (ADR) (NYSE:NOK) and Samsung are followed by Tata and stood at 5th position in all India.
Sixth most trusted brand is unbelievably an insurance company “Life Insurance Corporation of India” (LIC) in eastern parts while LIC got at 17th rank all-over the country. Luxurious car, Audi stood on ninth position in East India while Indian conglomerate, Godrej gained 10th position in the east.
In all over India rank, the Calcutta University became the sixth most trusted brand in graduation and post-graduation category this year.
TRA’s CEO N. Chandramouli said that Indian eastern region shows that it has tremendously different preferences as compared to the rest of the country, while out of India’s most trusted 500 brands, 141 did not make it to the east zone list.
The study, which conducted in India’s 16 cities shows that the brands that had performed excellent most in the eastern zone as compared to their all over country ranks were Audi, LIC, Onida and Lee, whereas the brands which took the worst trust beating in the east compared to their all-over the country rank were Amul, BMW and Nike.
NOK shares fell -0.75% to $3.97 in pre-market on Monday, Apple Inc. (NASDAQ:AAPL) shares surged 0.08% in pre-market on Monday, Google Inc (NASDAQ:GOOG) shares fell -0.43% in pre-market on Monday, BlackBerry (NASDAQ:RIMM) shares surged 0.35% to $13.02 in last session on Friday.