This article originally appeared in Miami Herald Last month Benedict Evans, Partner at Andreessen Horowitz took the stage at the WSJ.D conference with a presentation entitled, Mobile is Eating the World and he couldn’t be more right. Mobile is transforming the world, as we know it industry by industry at a pace never before witnessed. Let me explain, there are currently 2 billion people using smartphones today.
Just to give you an idea, the time spent on mobile apps is now greater than all the time spent on the web in the U.S. today and by 2020, 4 billion people or 80% of adults will own a smartphone. Those are impressive statistics. Even more impressive is mobile phone and tablet sales now make up almost half of the global consumer electronics industry by revenue. But what does this mean for Latin America? Well, according to Pyramid Research, by 2017 there will be 145 million smartphones sold in Latin America. This presents a huge opportunity for the mobile gaming industry.
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