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Google says that UK app industry will be worth £30bn by 2025

Many zeroes for local heroes
Thu Jun 26 2014, 11:11
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A STUDY commissioned by Google has found that UK apps will generate £4bn in revenues this year, and almost 10 times as much by 2025.

The numbers were revealed in Google I/O Conference session and the firm said that the UK app industry is "booming" and pulls in a third of all European revenues.

"This report shows the explosion of entrepreneurial tech talent across the UK. This is a brand new industry, rapidly expanding across the globe, and Britain is already at the forefront," said Matt Brittin, Google VP for northern and central Europe.

"From the 30,000 members of our Campus London startup incubator to the hundreds of developers attending our I/O Extended developer conference and thousands of school children benefitting from our after-school coding clubs, it's clear to us that the UK tech scene is the most exciting on the planet right now."

The UK App Economy 2014 report was produced by Visionmobile, and found 8,000 UK firms with around 400,000 employees working in the app industry. The "booming" industry will add another 30,000 jobs this year, it added, with the majority being posted in London. Other areas are growing their populations of app developers and these include Brighton and Edinburgh.

It is a fairly young person's game, depending on how old you feel, and the average age of developers is under 35. Twenty percent of developers are over 44. This homegrown talent is mostly self-taught and Google said that 83 percent have no formal training.

Recently we heard that most downloaded apps never actually get used. µ

 

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