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ARTICLE · 17 DECEMBER 2020

Own An App? Here Are Some Intellectual Property Issues To Consider

AELEX
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An application software (app) is a program or group of programs designed to help customers perform particular activities.

NigeriaIntellectual Property
Davidson Oturu
Davidson Oturu
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An application software (app) is a program or group of programs designed to help customers perform particular activities. These apps, which are usually on our electronic devices, are used to control several things ranging from health & fitness, music, movies, online shopping, gaming to mobile money transfers and even household appliances. Indeed, in today's rapidly transforming digital world, there is an app for almost everything!

However, while apps exist to satisfy the needs of customers, business owners can make a fortune through the use of these apps. Indeed, most of the profitable apps are the ones that gratify customers and convert them into long term users.

For instance, a report issued by SensorTower, a U.S based mobile app market intelligence firm, shows that in 2019, mobile users spent $1.27 billion on top 10 subscription video on demand (SVOD) apps in the U.S alone. Similarly, on a global scale, the top 5 video streaming services, with Netflix leading the

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