Friday, February 17, 2017 5:49:13 PM
"Mobile tech is our strength and main focus as it has become the leading digital platform, with total activity on smartphones and tablets accounting for 60 percent of digital media time spent in the U.S. The fuel driving mobile’s relentless growth is primarily app usage, which alone makes up a majority of total digital media engagement at 52 percent.
46 percent of app users report having paid for their apps, consequently, by 2017, its expected that over 268 billion downloads will generate $77 billion worth of revenue.
With more than 10 vehicle accidents every minute and over 90% of the accident victims using a smartphone, our recent acquisition in this space through the AutoClaim App gives us tremendous growth opportunity in this untapped vertical as we expect to enjoy the first-mover advantage in the Mobile Claims Management business."
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