Is becoming Mobile Apps Entrepreneur profitable

The market for mobile applications, including CRM, ERP, email, SMS/text messaging, project management, collaboration, and security offerings, is estimated to reach $9 billion mark by 2011.
The need to access day-to-day applications from remote locations or from mobile devices, the need to collaborate and share files with coworkers across the globe, the growing demand to have better productivity tools remotely, and lastly the general growth in mobile and remote workers drives the need for remote/mobile applications across businesses and industries.

Issues that have kept mobile apps from gaining widespread adoption in the business world include the lack of meaningful business application offers in the market and the lack of specialized mobile applications for specific industries such as government, healthcare, and professional services,

The mobile app market will be worth $25 billion in 2014, according to Juniper research report released in April 2010. Games will remain the most downloaded and best revenue-producing applications, but Multimedia and Entertainment apps will attract the greatest value-added-service (subscriptions, premium events and additional content) revenue.

According to Gartner, the app stores market had incurred over $4.2 billion in revenues globally last year and it is expected to touch $29.5 billion by 2013.
More than 2 million applications are currently available for communications, games, multimedia, productivity, travel, and utility purposes.

About 6.4 billion (free, paid, and ad-supported) application downloads were made globally in 2009 alone from native and third-party application stores, generating revenues of $4.5 billion in the same year. Apple, with 2.5 billion downloads, dominated the applications market in 2009. However, new players like Google, Nokia, and RIM are rapidly entering the applications market space
According to MarketsnMarkets estimates, the global mobile applications market is expected to be worth $25.0 billion in 2015, growing at a CAGR of 29.6% from 2010 to 2015.