UK NORDIC BALTIC SUMMIT: 19-20 JANUARY 2011 ESTONIA
DENMARK
ICELAND
FINLAND
LATVIA
UNITED KINGDOM
NORWAY
LITHUANIA
SWEDEN
THEME: Technology & Innovation
TITLE OF PRESENTATION: Apps: The Next Biggest Media Synopsis: Apps is the biggest media invention since the Internet. Apps industry is to reach $30b/y in the next 5 years, eclipsing the Music industry. World’s largest open app store, GetJar, is originating from Lithuania, the country of mobile innovation. Presenter: Ilja Laurs, Founder & CEO of GetJar Short Biography: “Top 40 most influential people in mobile communications” by Informa, “10 Start-ups That Will Change Your Life” by TIME magazine and “Technology Pioneer 2011” by World Economic Forum are a few of Ilja’s numerous industry achievements.
Apps: the next dominant media and a $30b industry in the next 3-5 years
Apps larger than the music industry in revenue, than other media in mindshare
Revenue ($b)
Apps Apps Music Music industry industry
Internet Internet TV TV
Print Print
Mobile Mobile
Mindshare
Sources: Chetah Sharma, Juniper, Forrester, GetJar
Lithuania: country of mobile innovation
Mobile penetration (Europe)
Source: European Commission, 2009
GetJar: world’s largest open app store; 2nd globally after Apple Born in Lithuania, dominating globally
- world’s largest open app store - over 300 thousand developers - over 100 million downloads/month - over 1 billion downloads to date
GetJar: world’s largest open app store; 2nd globally after Apple Born in Lithuania, dominating globally
2005: 2005:app appstore store starts startsininLithuania, Lithuania, 33years yearsbefore before apps appsbecome becomebig big ininthe theUS US
2008: 2008:Accel Accelinvests invests into intoaaLithuanian Lithuanian company company$6 $6million, million, first firstVC VCinvestment investment ininLT LThistory history
2009: 2009: Lithuanian Lithuanian company company expands expandsinto into UK UK
2010: 2010:First First Lithuanian Lithuanian company companyinin Silicon SiliconValley Valley