There are now over 400,000 apps available in the Android Market. The Market hot the milestone New Years weekend, approximately 40 months after first going online.

While Apple’s App Store currently boasts considerably more apps, it’s taken the Android Market right around the same time to hit the 400,000 mark as it did Apple. The Android Market is also poised go grow much larger, and to do so quickly.

While it took Android 31 months to initially hit the 200,000 app mark, to was able to get to 300,000 in just four more months, and surpassed 400,000 a mere 5 months later.

Android currently has more than 100,000 publishers, each averaging close to 4.1 apps a piece.

How long do you think it will take the Android Market to hit another 100,000?

[via BGR]