App World Growing Nicely According to Latest IHS Mobile Report

RIM got off to a late start with their BlackBerry App World Storefront. While I have quite a few recommendations on how they can improve App World they are doing a solid job of promoting and using the store to grow the app ecosystem. The latest report from IHS Mobile (which recently purchased iSupply) shows that RIM’s App World is growing at a steady rate and is currently in second place which is surprisingly ahead of the Android marketplace. On the other hand the Android marketplace is showing about a 2x growth rate compared to RIM.

RIM went up from a $36 million revenue in 2009 to $165 million in 2010 which is a nice 360% growth. That brought it from 4.3% market share to 7.7% market share. Still its growth is below the 719% shown by Android and still pales in comparison to Apples 82.7% market share and $1.782 billion revenue for 2010.

Here is to hoping the PlayBook and its rich development environment accelerates App World’s growth.

via ZDNet and Cnet – Thanks to everyone who sent this in!