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Canada's Mobile App Sector Generates $775M in Revenues, Employs 51,000 |
| Source: |
itbusiness.ca |
| Source Date: |
Thursday, October 18, 2012 |
| Focus: |
Electronic and Mobile Government, Citizen Engagement, Internet Governance
|
| Country: |
Canada |
| Created: |
Oct 22, 2012 |
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Revenue generated annually by Canada's mobile app industry will more than double by 2016 to reach $2.2 billion per year, a new report forecasts.
The sector now generates about $775 million in revenue each year, according to an Information and Communications Technology Council study reported on Thursday in the Globe and Mail.
The industry also employs more than 51,000 people in Canada, with the bulk of those jobs (47 per cent) based in Ontario. Many of those jobs pay relatively well compared to non-tech professions, with the mobile sector paying an average annual salary of about $68,000 to technical workers such as programmers, the study says.
(By Christine Wong)
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