MarketResearch.biz, in its upcoming report titled, “Global Mobile Applications Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global mobile applications market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global mobile applications market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global mobile applications market is estimated to exhibit a XX.X% CAGR in terms of value during the forecast period 2018–2027. The global market report has been segmented on the basis of type, material, applications, end user, and region.
Mobile applications, commonly known as mobile app, is a type of software applications developed to run on small-handled devices such as smartphones, tablets, personal digital assistants (PDAs), etc. They offer users to access similar services as accessed on personal computers. Smartphones have become a boon by replacing personal computers, gaming consoles, MP3 players, calculators, cameras and many more devices. Few important mobile apps come preloaded on devices and individuals can download from app stores or browser as well. Most popular smartphone platforms that support mobile apps include Android, iOS, Windows Phone, and BlackBerry.
Major factors driving growth of the global mobile applications market include advancements in the electronic, telecommunication, and m-Commerce industries, growing internet penetration, rising subscriptions in various social media websites, coupled with value-added features, and availability of low cost mobile data tariffs. In addition, rising disposable income, increasing demand of smartphones, and tablets coupled with availability of free apps, emergence of 4G and 5G in developing countries, and increasing adoption of long term evolution (LTE) are also expected to fuel growth of the global mobile applications market.
Constant consumer demand for advancements and customization of apps, cut-throat competition coupled with low quality apps to generate revenues, are factors challenging growth of the global mobile applications market. Furthermore, increased risks associated with data theft through spyware applications, incompatibility of certain apps with OS of smartphones or tablets may also hamper the market growth. Dearth of mobile apps for useful business applications may also hinder market growth.
North America is leading the market with comparatively larger revenue share in the global mobile applications market. Asia Pacific is largest market in terms of application downloads. European mobile applications market is expected to witness fast growth during the forecast period.
Global Mobile Applications Market Segmentation:
Global mobile applications market segmentation by applications category:
- Entertainment & music
- Health & fitness
- Travel & hospitality
- Retail & E-commerce
- Education & learning
Global mobile applications market segmentation by market place:
- Google app store
- Apple app store
Global mobile applications market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- IBM Corporation
- Google Inc.
- Apple Inc.
- Microsoft Corporation
- BlackBerry Ltd.
- Leeway Hertz
- Adept Business Solutions
- Burgan National Information Systems Co.
- Verbat Technologies
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!