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We were just informed that a Cisco innovation was recognized with an App Planet “Best of Show” Mobile Application Award celebrating the inaugural App Planet event at the 2010 GSMA Mobile World Congress in Barcelona, Spain.

App Planet is being held at Mobile World Congress 2010 event. It presents a unique opportunity to explore the many dimensions of the dynamic and critically important mobile applications market.

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Increasing Demand for Mobile Applications

Demand for Mobile Apps has soared over the last year, and unprecedented new growth is predicted for the coming year – across various smartphone device platforms.

Mobile application stores will exceed 4.5 billion app downloads in 2010, eight out of ten of which will be (ad-supported or otherwise) free to end users of these apps - according to the latest market study by Gartner.

Gartner forecasts worldwide downloads in mobile application stores to surpass 21.6 billion by 2013. Free downloads will account for 82 percent of all downloads in 2010, and will account for 87 percent of downloads in 2013.