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The enterprise mobile application development services market size is forecast to increase by USD 250.71 billion, at a CAGR of 25.54% between 2023 and 2028. The growth rate of the market depends on several factors, including the growing demand for cloud-native development, the increasing need for data integration, and the integration of AI and ML into enterprise mobile applications.
Study Period |
2024-2028 |
Base Year For Estimation |
2023 |
CAGR |
25.54% |
Forecast period |
2024-2028 |
Fastest Growing Region |
North America at 46% |
Largest Segment |
segments.1 |
Study Period |
2024-2028 |
Base Year For Estimation |
2023 |
CAGR |
25.54% |
Forecast period |
2024-2028 |
Fastest Growing Region |
North America at 46% |
Largest Segment |
segments.1 |
The market growth and forecasting report includes key player's detailed analyses of the competitive landscape of the market and information about 20 market companies, including Atos SE, Capgemini Service SAS, CGI Inc., Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., HCL Technologies Ltd., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., ITC Ltd., Larsen and Toubro Ltd., Netguru S.A, PricewaterhouseCoopers LLP, Siemens AG, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Virtusa Corp., Wipro Ltd., and Zensar Technologies Inc. Additionally, Accenture Plc offers enterprise mobile application development services such as Agile transformation, Value-led application management, Application modernization, Architecture, Intelligent automation, and others.
The Market is experiencing significant growth due to the increasing adoption of mobility solutions in business processes. Mobile phones, tablets, and wearable devices are transforming the way businesses operate, enabling a mobile workforce and enhancing interaction with customers. Mobile technology, including wireless technology and broadband services, is essential for the seamless functioning of these devices and the cloud-based services they access. App makers are developing innovative mobile applications for various industries, from healthcare and finance to retail and logistics. IoT devices and smart home technology are also integrating with enterprise applications, expanding their capabilities and increasing efficiency. Mobile enterprise applications are revolutionizing business operations, enabling digital transformation and improving productivity. Brands are recognizing the importance of mobile technology in their strategies, leading to an increase in demand for mobile application development services. In conclusion, the Market is a dynamic and evolving sector, driven by the mobility needs of businesses and the advancements in mobile technology. Mobile phones, mobile apps, wearable devices, and IoT devices are all playing a crucial role in this growth as businesses seek to streamline their operations and enhance their customer engagement. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Growing demand for cloud-native development is notably driving the market. In the realm of enterprise technology, mobile application development services have emerged as a pivotal catalyst for business growth and innovation. Leveraging the power of cloud-based services, these offerings enable organizations to create smart, agile, and scalable mobile solutions for an increasingly mobile workforce and customer base. Mobile phones and connected gadgets, including wearable devices and IoT devices, have revolutionized the way we live and work. As a result, app makers are in high demand to develop mobile applications for various industries, such as IT & Telecommunication, e-commerce, social networking, gaming, and business automation solutions.
Moreover, cloud-native mobile app development services, in particular, have gained significant traction due to their ability to deliver solutions that can handle the demands of modern businesses. These services enable mobile applications to adapt to changing user traffic and workload, ensuring seamless interaction for mobile phone users, even during periods of high demand. Moreover, cloud-based services offer agile development methodologies, automated deployment pipelines, and DevOps practices, accelerating the app development lifecycle and enabling businesses to respond quickly to market trends and customer needs. Hence, such factors are driving the market during the forecast period.
The rise of hybrid application integration technology is an emerging trend in the market. In today's digital landscape, mobile technology has become an integral part of business operations and daily life. With the widespread use of smartphones, mobility has transformed the way we communicate, work, and conduct business. As a result, the demand for enterprise mobile application development services has surged.
Moreover, mobile apps have become essential tools for organizations to streamline business processes, automate tasks, and enhance user experience. Connected gadgets, including mobile phones, wearable devices, and IoT devices, have revolutionized industries and enterprises. App makers are now focusing on creating innovative mobile applications for various sectors, such as business automation solutions, online shopping apps, social networking, games apps, and more. IT & Telecommunication companies are leveraging consulting skills to help businesses navigate the complexities of mobile technology and digital transformation. Hence, such factors are driving the market during the forecast period.
Device fragmentation and application performance optimization issues a major challenges hindering the market. In the realm of mobile technology, the market for enterprise mobile application development services is experiencing significant growth. With the proliferation of smartphones and mobility, an increasing number of businesses are leveraging connected gadgets, such as wearable devices and IoT devices, to streamline operations and enhance user experiences.
Moreover, app makers face intricate challenges in catering to the diverse needs of mobile phone users, who utilize a range of devices, including laptops, tablets, and PCs, for business processes. Mobile phones, powered by various operating systems like iOS, Android, and Windows, present unique complexities. For instance, Android's fragmentation, stemming from numerous device manufacturers and their customizations, poses challenges related to OS version compatibility, feature support, and platform-specific optimizations. Hence, such factors are hindering the market during the forecast period.
The large enterprises segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth as businesses increasingly embrace mobility and digital transformation. Smartphones and other connected gadgets, including mobile phones, wearable devices, and IoT devices, are revolutionizing the way businesses interact with their workforce and customers. Mobile apps, a key component of mobile technology, are enabling business automation solutions, online shopping apps, social networking, games apps, and more, in the IT & telecommunications sector.
The large enterprises segment was the largest segment and was valued at USD 30.02 billion in 2018. Moreover, app makers are leveraging low code development platforms, such as OutSystems, to build mobile enterprise applications that cater to the needs of mobile workforces. These applications streamline business processes, enhance customer engagement, and provide personalized experiences across various touchpoints. Artificial intelligence and machine learning are being integrated into mobile applications to offer generative AI, creative advertising, and visual brand expression. Cloud-based services, including global hybrid clouds, are enabling businesses to offer mobile-first experiences to their customers, regardless of their location or device type. Hence, such factors are fuelling the growth of this segment, which in turn drives the market during the forecast period.
The growing use of enterprise mobile application development services in the native segment will increase the market growth. Enterprise mobile application development services enable organizations to create optimized applications for various operating systems, including iOS, Android, and Windows. By leveraging native features and functionalities of each platform, developers can deliver superior user experiences, faster performance, and seamless interactions. Human capital management, accounting and finance, supply chain management, customer relationship management, machine learning, communication and collaboration, enterprise resource planning, eCommerce, business analytics, transport & logistics, manufacturing & automotive, energy & utilities, media & entertainment, and healthcare & life sciences are among the industries that significantly benefit from native app development. Hence, such factors are fuelling the growth of this segment, which in turn drives the market during the forecast period.
North America is estimated to contribute 46% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. Enterprise mobile application development services in North America are experiencing significant growth due to the region's high smartphone penetration and mobile Internet usage.
Moreover, as businesses and consumers increasingly rely on mobile devices for everyday tasks, there is a rising need for enterprise mobile applications that support Human Capital Management, Accounting and Finance, Supply Chain Management, Customer Relationship Management, and other essential business functions. Operating systems such as iOS, Android, and Windows are popular choices for enterprise mobile app development. Moreover, the integration of advanced technologies like Machine Learning, Communication and Collaboration, Enterprise Resource Planning, eCommerce, Business Analytics, Transport & Logistics, Manufacturing & Automotive, Energy & Utilities, Media & Entertainment, and Healthcare & Life Sciences into mobile applications is driving innovation. Hence, such factors are driving the market in North America during the forecast period.
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Atos.net: The company offers enterprise mobile application development services such as Agile or DevOps, Custom Software Engineering, Application Modernization, Quality Engineering, Software Engineering Enablement, and others.
Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Enterprise mobile application development services refer to the creation and implementation of mobile applications for businesses. These solutions enable organizations to streamline operations, enhance customer engagement, and boost productivity. The market landscape depends on Media and Video Streaming, Internet, Backbone Services, and Broadband Services. Telco offerings Mobile application development services encompass various stages, including conceptualization, design, development, testing, and deployment. Mobile application development is a growing market, driven by the increasing use of smartphones and tablets for business purposes. Companies are investing in mobile applications to improve customer experience, increase efficiency, and gain a competitive edge.
Moreover, the market for mobile application development services is expected to continue its growth trajectory, fueled by the adoption of emerging technologies such as artificial intelligence, machine learning, and the Internet of Things. Mobile application development services cater to various industries, including healthcare, finance, retail, and education. These solutions offer customized features and functionalities to meet the unique needs of each industry. With the increasing demand for mobile applications, businesses are turning to mobile application development companies to help them create innovative and effective mobile solutions. In conclusion, enterprise mobile application development services are a crucial component of modern business strategies. These solutions offer numerous benefits, including increased productivity, improved customer engagement, and a competitive edge. The market for mobile application development services is expected to continue its growth, driven by the increasing use of mobile devices and the adoption of emerging technologies.
MarketScope |
|
Report Coverage |
Details |
Page number |
185 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 25.54% |
Market Growth 2024-2028 |
USD 250.71 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
22.36 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 46% |
Key countries |
US, China, Japan, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Accenture Plc, Atos SE, Capgemini Service SAS, CGI Inc., Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., HCL Technologies Ltd., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., ITC Ltd., Larsen and Toubro Ltd., Netguru S.A, PricewaterhouseCoopers LLP, Siemens AG, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Virtusa Corp., Wipro Ltd., and Zensar Technologies Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Platform
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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