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Mobile Apps Market by Platform and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 148
  • SKU: IRTNTR43706
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The mobile apps market share is expected to increase by USD 957.44 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 22.95%.

This Mobile Application (apps) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers mobile application market segmentations by platform (android, iOS, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The Mobile Application market report also offers information on several market vendors, including Activision Blizzard Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., ASICS Corp., China Mobile Ltd., Electronic Arts Inc., Grab Holdings Ltd., International Business Machines Corp., KRAFTON Inc., Meta Platforms Inc., Microsoft Corp, Mozilla Corp., Netflix Inc., Niantic Inc., One MobiKwik System Pvt. Ltd., One97 Communications Ltd., Spotify Technology SA, Ubisoft Entertainment, and Xiaomi Inc among others.

What will the Mobile Apps Market Size be During the Forecast Period?

Mobile Apps Market Size

Download Report Sample to Unlock the Mobile Apps Market Size for the Forecast Period and Other Important Statistics

 

Mobile Apps Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The growing e-commerce industry is notably driving the mobile app market growth, although factors such as costs associated with mobile app development and operations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the Mobile Application industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.

Key Mobile Apps Market Driver

The growing e-commerce industry is one of the significant factors driving the mobile app market growth. The e-commerce market has witnessed exponential growth in recent years, owing to the increasing focus on mobile-aided shopping. Mobile phones provide enhanced flexibility for users as they enable not only product choice but also browsing flexibility for customers. The growing adoption of m-commerce apps on mobile phones is allowing marketers to employ omnichannel marketing strategies. Thus, numerous retailers are adopting a mobile-based approach to boost their sales. For example, in March 2018, the Ministry of Tribal Affairs, Government of India, announced the launch of an initiative for digital commerce based on e-commerce and m-commerce portals. The Ministry launched TRIFED, an e-commerce portal, and Tribes India m-commerce Android app, which provides a platform for artisans from tribal communities to showcase their products and thus gain access to global markets. Thus, the increasing focus on providing an omnichannel market experience will lead to growth in the number of mobile-based m-commerce apps. This will drive the global mobile apps market during the forecast period.

Key Mobile Apps Market Trend

The development of hybrid mobile apps is one of the key mobile app market trends contributing to mobile app market growth. Hybrid mobile apps are apps built-in in combination with web technologies such as Hypertext Markup Language (HTML) and JavaScript. These hybrid mobile apps are hosted in the native application, which uses mobile WebView to create mobile-compatible web apps. This provides application access to the hardware components of the device, such as the accelerometer and camera, among others. This arrangement enables the creation of mobile apps with native mobile infrastructure and the hosting of web-based content. Hybrid mobile apps enable easy scalability and inter-platform development of mobile apps, wherein the app developed for Android software can be scaled to iOS or Windows-based operating systems. Thus, the increasing availability of hybrid mobile app platforms could increase the development of hybrid mobile apps. Some of the hybrid mobile app development platforms include React Native, Ionic, Onsen UI, PhoneGap, and Framework 7, among others. Therefore, the development of hybrid mobile apps will positively influence the growth of the global mobile apps market during 2021-2025.

Key Mobile Apps Market Challenge

The costs associated with mobile app development and operations will be a major challenge for the mobile app market during the forecast period. Mobile apps are designed to facilitate user activities with technological support. Low-cost mobile apps are easy to develop. However, with the increasing demand for mobile apps, there has been an increased need for associated activities such as administrative support, maintenance support, and infrastructure services, among others. Collectively, these support activities incur a higher cost than that involved in application development cost. Thus, the growing load on mobile apps will increase the need for support activities. This will, in turn, add to the overall costs of developing, deploying, and maintaining the operation of mobile apps.

This mobile apps market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the Mobile Application (apps) market as a part of the global interactive home entertainment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the mobile apps market during the forecast period.

Who are the Major Mobile Apps Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Activision Blizzard Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • ASICS Corp.
  • China Mobile Ltd.
  • Electronic Arts Inc.
  • Grab Holdings Ltd.
  • International Business Machines Corp.
  • KRAFTON Inc.
  • Meta Platforms Inc.
  • Microsoft Corp
  • Mozilla Corp.
  • Netflix Inc.
  • Niantic Inc.
  • One MobiKwik System Pvt. Ltd.
  • One97 Communications Ltd.
  • Spotify Technology SA
  • Ubisoft Entertainment
  • Xiaomi Inc

 

This statistical study of the mobile apps market encompasses successful business strategies deployed by the key vendors. The Mobile Application (apps) market is fragmented and the vendors are adopting organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Alphabet Inc-The company offers a Google app that can be used on both Android and iOS platforms. The company also offers other apps such as Maps, YouTube, Play Music, Photos, Gmail, Drive, and others.
  • Amazon.com Inc-The company offers an Amazon app that can be used on both Android and iOS platforms. The company also offers other apps such as Amazon Music, Kindle, Prime Video, and Amazon Alexa.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The mobile apps market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Mobile Apps Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the mobile apps market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Mobile Apps Market?

Mobile Apps Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

36% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for mobile apps in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The large customer base of mobile phones will facilitate the mobile app market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Applications that provide information regarding COVID-19 were launched in APAC in 2020. General awareness, awareness for travelers, quarantine protocols, and advice for visitors are provided through the app. In April 2020, the Ministry of Electronics and IT in India announced the launch of the Aarogya Setu mobile app to connect people with essential health services. Citizens can run a quick test to check COVID-19 symptoms. Thus, with the increasing adoption of mobile apps, the mobile app market in APAC is expected to grow significantly during the forecast period.

What are the Revenue-generating Platform Segments in the Mobile Apps Market?

Mobile Apps Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The mobile apps market share growth by the andriod segment will be significant during the forecast period. The Google Play Store has become a preferred mobile app development platform for developers over the years. This is mainly attributed to the growing use of Android smartphones across the globe, which increases the demand for Android OS. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile apps market size and actionable market insights on post COVID-19 impact on each segment

 

Mobile Apps Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 22.95%

Market growth 2022-2026

$ 957.44 billion

Market structure

Fragmented

YoY growth (%)

22.85

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 36%

Key consumer countries

US, China, Japan, India, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Activision Blizzard Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., ASICS Corp., China Mobile Ltd., Electronic Arts Inc., Grab Holdings Ltd., International Business Machines Corp., KRAFTON Inc., Meta Platforms Inc., Microsoft Corp, Mozilla Corp., Netflix Inc., Niantic Inc., One MobiKwik System Pvt. Ltd., One97 Communications Ltd., Spotify Technology SA, Ubisoft Entertainment, and Xiaomi 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, and 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.

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What are the Key Data Covered in this Mobile Apps Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive mobile apps market growth during the next five years
  • Precise estimation of the mobile apps market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the mobile apps industry across APAC, North America, Europe, South America, the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mobile apps market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Platform

    • 5.1 Market segments
      • Exhibit 24: Chart on Platform - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Platform - Market share 2021-2026 (%)
    • 5.2 Comparison by Platform
      • Exhibit 26: Chart on Comparison by Platform
      • Exhibit 27: Data Table on Comparison by Platform
    • 5.3 Android market - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Android market - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Android market - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Android market - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Android market - Year-over-year growth 2021-2026 (%)
    • 5.4 iOS market - Market size and forecast 2021-2026
      • Exhibit 32: Chart on iOS market - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on iOS market - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on iOS market - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on iOS market - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Platform
      • Exhibit 40: Market opportunity by Platform ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Alphabet Inc.
              • Exhibit 93: Alphabet Inc. - Overview
              • Exhibit 94: Alphabet Inc. - Business segments
              • Exhibit 95: Alphabet Inc. - Key news
              • Exhibit 96: Alphabet Inc. - Key offerings
              • Exhibit 97: Alphabet Inc. - Segment focus
            • 10.4 Amazon.com Inc.
              • Exhibit 98: Amazon.com Inc. - Overview
              • Exhibit 99: Amazon.com Inc. - Business segments
              • Exhibit 100: Amazon.com Inc. - Key news
              • Exhibit 101: Amazon.com Inc. - Key offerings
              • Exhibit 102: Amazon.com Inc. - Segment focus
            • 10.5 Apple Inc.
              • Exhibit 103: Apple Inc. - Overview
              • Exhibit 104: Apple Inc. - Business segments
              • Exhibit 105: Apple Inc. - Key news
              • Exhibit 106: Apple Inc. - Key offerings
              • Exhibit 107: Apple Inc. - Segment focus
            • 10.6 Electronic Arts Inc.
              • Exhibit 108: Electronic Arts Inc. - Overview
              • Exhibit 109: Electronic Arts Inc. - Product / Service
              • Exhibit 110: Electronic Arts Inc. - Key offerings
            • 10.7 Meta Platforms Inc.
              • Exhibit 111: Meta Platforms Inc. - Overview
              • Exhibit 112: Meta Platforms Inc. - Business segments
              • Exhibit 113: Meta Platforms Inc. - Key news
              • Exhibit 114: Meta Platforms Inc. - Key offerings
              • Exhibit 115: Meta Platforms Inc. - Segment focus
            • 10.8 Microsoft Corp
              • Exhibit 116: Microsoft Corp - Overview
              • Exhibit 117: Microsoft Corp - Business segments
              • Exhibit 118: Microsoft Corp - Key news
              • Exhibit 119: Microsoft Corp - Key offerings
              • Exhibit 120: Microsoft Corp - Segment focus
            • 10.9 Netflix Inc.
              • Exhibit 121: Netflix Inc. - Overview
              • Exhibit 122: Netflix Inc. - Product / Service
              • Exhibit 123: Netflix Inc. - Key offerings
            • 10.10 Spotify Technology SA
              • Exhibit 124: Spotify Technology SA - Overview
              • Exhibit 125: Spotify Technology SA - Business segments
              • Exhibit 126: Spotify Technology SA - Key offerings
              • Exhibit 127: Spotify Technology SA - Segment focus
            • 10.11 Ubisoft Entertainment
              • Exhibit 128: Ubisoft Entertainment - Overview
              • Exhibit 129: Ubisoft Entertainment - Business segments
              • Exhibit 130: Ubisoft Entertainment - Key news
              • Exhibit 131: Ubisoft Entertainment - Key offerings
              • Exhibit 132: Ubisoft Entertainment - Segment focus
            • 10.12 Xiaomi Inc
              • Exhibit 133: Xiaomi Inc - Overview
              • Exhibit 134: Xiaomi Inc - Business segments
              • Exhibit 135: Xiaomi Inc - Key news
              • Exhibit 136: Xiaomi Inc - Key offerings
              • Exhibit 137: Xiaomi Inc - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 138: Inclusions checklist
                • Exhibit 139: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 140: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 141: Research methodology
                • Exhibit 142: Validation techniques employed for market sizing
                • Exhibit 143: Information sources
              • 11.5 List of abbreviations
                • Exhibit 144: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Mobile Apps market growth will increase by $957.44 billion during 2022-2026.
              The mobile apps market is expected to grow at a CAGR of 22.95% during 2022-2026.
              Technavio has segmented the mobile apps market by platform (Android, iOS, and Others) ,geographic (APAC, North America, Europe, South America, and Middle East and Africa) , and market landscape (Advertisement, In-app purchase, Subscription, Pay per download, and MEA).
              Activision Blizzard Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., ASICS Corp., China Mobile Ltd., Electronic Arts Inc., Grab Holdings Ltd., International Business Machines Corp., KRAFTON Inc., Meta Platforms Inc., Microsoft Corp, Mozilla Corp., Netflix Inc., Niantic Inc., One MobiKwik System Pvt. Ltd., One97 Communications Ltd., Spotify Technology SA, Ubisoft Entertainment, Xiaomi Inc are a few of the key vendors in the mobile apps market.
              APAC will register the highest growth rate of 36.11% among the other regions. Therefore, the mobile apps market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the mobile apps market growth are:
              • Growing penetration of smartphones
              • Increasing number of mobile apps for IoT devices
              The mobile apps market vendors should focus on grabbing business opportunities from the android segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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