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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mobile Application Market Analysis
On the basis of platform, the market is categorised into Google Store and Apple Store, among others. Based on app category, the market is divided into gaming, music and entertainment, health and fitness, social networking, retail and e-commerce, video and photo, and travel and hospitality, among others. The regional markets for mobile applications can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report offers a detailed analysis of the market based on a SWOT analysis and Porter's five forces model. The following top players in the global mobile application market are thoroughly analysed in the study, along with their competitive landscape and recent developments such as mergers, acquisitions, investments, and expansion plans.
Mobile Application Market Report Snapshots
Mobile Application Market Size
Mobile Application Market Analysis
Mobile Application Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market for mobile applications attained a value of nearly USD 227.32 billion.
The global market for mobile applications is projected to grow at a CAGR of 14.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 745.06 billion by 2032.
The major drivers of the market include the rising use of virtual reality and augmented reality, increase in the demand for gaming applications, an increase in the availability of low-cost data plans from telecom operators, and a rise in the research and investments.
Rise in internet usage and increasing use of smartphones are the key industry trends propelling the growth of the market.
The key players in the global mobile application market are Google LLC, Apple Inc., Microsoft Corporation, Meta Platforms, Inc., Amazon.com, Inc., IBM Corporation, Cognizant Technology Solutions Corporation, Gameloft SE, Alibaba Group, and Hewlett Packard Enterprise Development LP, among others.
Mobile apps are designed for hands-on interaction and give consumers convenient, real-time access to the information, goods, services, and procedures they require.
Mobile applications are designed for use on mobile devices like phones and tablets which have different interfaces and can have restrictions on connectivity and storage. A desktop application is designed for usage on desktop computer or laptops, which typically have larger storage, bigger screens, and lack of touch screen inputs.
The four different categories of application components are activities, services, broadcast receivers, and content providers.
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