A new study by ACT4APPs, the Apple-supported industry group, 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.
More From Business Insider
- This Is What The Massive Growth Of Mobile Media Consumption Means For The Mobile Industry
- Yelp's Local-Mobile Success Shows How Consumers Are Using Mobile To Drive Local Purchases
- Why The Smart Watch Market Is Poised To Explode As It Draws Millions Of Consumers Into Wearable Computing
- Technology & Electronics