Given the consistently slowing growth in the sales of smartphones in the last few years, analysts are expecting the monetary worth of mobile internet to go beyond the value of the Apple brand.

Just a few years ago, smartphones were a phenomena and an increasing number of brands were working round the clock to flood the markets with more options, leaving the consumer spoilt for choice. Also, since smartphones help people multitask, the reason for their preference is quite clear.

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Looks like the undying loyalty towards smartphones could finally be nearing an end, as the sales of smartphones across the globe have been consistently slowing down, said reports. It is expected that the sales figure growth will slow down to 10 percent by 2018, and even the mobile data networks barely saw a growth of 5 percent in the last ten years. According to Techcrunch, these figures clearly indicate that the growth in revenues is going to come from the domain of mobile internet.

In addition, Startupadda points out that Digi-Capital, a leading firm, has already forecasted a three times revenue growth from the domain of mobile internet. The firm claims that the revenue of 300 billion dollars that it earned from mobile internet this year will grow to a whopping 850 billion dollars in the next three years.

Analysts are also hinting at the possibility of a growth momentum that could surpass the market created by a major brand like Apple. It is expected that a large part of this growth would be driven by the potential of M-commerce. In the last twelve months, Venture Capitalists have invested more than forty one million dollars in the mobile market, of this an approximate chunk of 50 percent is dedicated towards mobile internet.

Even the mobile advertising sector is expected to take a quantum leap as more and more business owners are realigning their working models to target the new breed of customers through this platform. As for the domain of wearable technology, it looks like the Apple Smartwatch is finally hitting the right chord as it sales are helping in the overall growth of the domain.

Tagsmobile news, mobile internet news, Tech News