Apple Inc. (AAPL) & Google Inc (GOOG) Must Be Ecstatic With This Data

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When it comes to technology research data, ABI research is always providing top of the line information. We shared one of the company’s most recent reports here, and this time around we are going to take a closer look at another. Both Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) are going to feel the positive impact of this data.

According to the most recent report by ABI, the mobile apple market is set to be worth roughly $27 billion in 2013 thanks to the growth of tablet revenue. As you can imagine, this is something Apple and Google are going to be able to take advantage of.

Here is more from the piece:

“ABI Research projects the mobile app market will value at $27 billion in 2013, as mobile apps continue to be a critical factor in the battle between the mobile OS. BlackBerry and Windows are slowly augmenting their apps catalogue as they compete for the 3rd ecosystem, but are still far behind Apple and Android.’

Google Inc (GOOG)As you can see, Apple Inc. (NASDAQ:AAPL) iOS and Google Inc (NASDAQ:GOOG) Android are the two top companies as far as the mobile app market is concerned. While there are other players, all of which are trying to grab a bigger piece of the market, it is these two tech giants that continue to slug it out for the top spot.

Senior analyst Josh Flood goes into greater detail discussing where Apple and Google fit into the picture:

“iOS continues to lead the way, and the OS is projected to generate over two-thirds of the revenues for smartphone and tablet apps in 2013. two-thirds of the revenues for smartphone and tablet apps in 2013,” says senior analyst Josh Flood. “Although Google’s Android OS recently surpassed Apple in terms of total app numbers, iOS users continue to prove they’re more willing to depart with their cash. The revenue gap between the two leading OSes looks unlikely to close over the next 18 months.”

While true that Google Inc (NASDAQ:GOOG) has made up some ground, it still appears that Apple Inc. (NASDAQ:AAPL) iOS users are most willing to part with their cash.

Tablet app revenues continue to trail smartphone revenue, however, it is beginning to catch up. In fact, the report goes on to state that “projected tablet app revenues will overtake smartphones by 2017.”

Apple Inc. (NASDAQ:AAPL) iOS and Google Inc (NASDAQ:GOOG) Android are top dogs and this is not going to change soon. Both have the opportunity to do big things with tablet app revenue moving forward. The question remains: which company will take the bull by the horns?

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