The industry for mobile apps is huge, but it doesn’t look like it’s going to stop now; In 2015, up to a billion smartphones are going to be sold which doubles the amount of personal computers according to an infographic from the University of Alabama at Birmingham’s Online Masters in Management Information Systems. At the moment, the average app user spends over thirty hours monthly spread throughout twenty-four apps. Forty-six percent of app users report that they have paid for their apps which means that by 2017, 268 billion downloads will equate to approximately $77 billion in revenue.
One company trying to be a part of the large growth is Cyber Apps World Inc (OTCMKTS:CYAP). Cyber Apps World has dedicated its time to developing an e-commerce system and providing an internet platform to provide revenues based on the transaction of products and services through mobile and computer applications at all times. The first app they plan to release to their growing list of subscribers is the “INSTANT COUPONS APP.”
Back in June, Cyber Apps World Inc (OTCMKTS:CYAP) confirmed a marketing/licensing agreement with Instant Coupon App on their unique e-commerce network. From the app, products will be shipped straight from the Merchant Partner to the buyer which reduces the transaction cost for Cyber Apps World. The app will also make it easier for users to find coupons and discounts on products from thousands of centers everyday. Finally, and most importantly, the app shall provide “compliance and customer satisfaction.” Over the last ninety days, CYAP has seen lows of $0.05 and a 520% difference to highs of $0.26.