BigChampagne's Ultimate Chart (a/o February 10th):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Set Fire to the Rain,” Adele
3. “Turn Me On,” David Guetta
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Smooth Criminal (Glee Cast Version),” Glee Cast
7. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
8. “Domino ,” Jessie J
9. “Sexy and I Know It,” LMFAO
10. “Ass Back Home ,” Gym Class Heroes
Take one skyrocketing format, then juxtapose it against another, plummeting format, and the result is simple. According to a projection from app store GetJar, mobile apps will be worth $17.5 billion by 2012, a global figure. That easily trumps an IFPI-published projection for CDs of $13.83 billion, itself a lofty expectation. The $17.5 billion figure was produced by independent firm Chetan Sharma Consulting.
Apps will most likely also beat paid song downloads, a format whose growth prospects remain uncertain. In 2009, the dominant iTunes Store scored 4 billion song downloads, though label groups are witnessing slowing revenue growth on the format.
Commissioned research relationships always raise some thorny questions, though the takeaway - particularly as it relates to CDs - seems plausible enough. Aspects of the rest also make sense, including predictions of a far broader app ecosystem, and a far broader range of participating smartphones and otherwise 'feature rich' handhelds. "Mobile app downloads across all types of handsets are also expected to increase from over 7 billion downloads in 2009 to almost 50 billion in 2012 – a year-on-year growth rate of 92 percent," the group shared.
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