Mobile App Industry Analysis 2017-2025: Global Market Size, Share, Demand, Statistics, Revenue, Trends, Key Players, Competitive Outlook & Market Data Forecast

Global Mobile Apps Industry Analysis 2017-2025

Market Overview

Mobile apps are the software applications created to run on various smartphones, tablets, and mobile devices. Through the app stores, mobile apps are available for download, operated by the owners of the mobile operating system. Most popular app stores are on the Google app store and Apple app store. The rising mobile phones penetration and internet connectivity are majorly driving the growth of the global mobile apps market. More the number of applications downloaded will generate higher revenues for the app developers and the app stores. Gaming applications had the largest contribution in the global mobile apps market revenues in 2016.

Globally consumer spending on mobile apps has doubled over the past two years, reaching nearly USD 86 billion at the end of 2017. Top countries with high spending customers were China (leading the market), followed by the U.S., India, Brazil, and Russia. By 2018, consumer spending is expected to reach USD 110 billion. Moreover, the subsidized internet available to the app users such as in India by Reliance Jio had a huge impact on the growth of the mobile app industry. Goldstein Research analyst forecast that the Global mobile apps market is set to reach nearly USD 337.5 billion by 2024, growing at a CAGR of 15.6% over the forecast period (2017-2025).

Global Mobile Apps Market Segmentation

By Application Category

• Gaming
• Entertainment
• Social Media
• Finance
• Shopping
• Education
• Others (Books, Security, etc.)

Gaming applications accounted for the largest market share of 72.6% in 2017 owing to its highest number of downloads. Gaming applications is closely followed by social media and entertainment applications.

By Revenue Model

• Free Model
• Paid Model
• Freemium Model
• Subscription Model
• Paymium Model

By Store

• Google Play Store
• Apple App Store
• Others

By Geography

• North America (U.S. & Canada)  Mobile Apps Market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Mobile Apps Market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Mobile Apps Market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Mobile Apps Market {Market Share (%), Market Size (USD Billion)}
• The Middle East & Africa (GCC, South Africa, North Africa, Romea) Mobile Apps Market {Market Share (%), Market Size (USD Billion)}

Based on geography, Asia-Pacific dominated the global mobile apps market share in 2017, accounted for 42.6% with China, India, Indonesia and South Korea being the top contributors. APAC is followed by North America, with the major share being taken by the United States, and over the forecast period, U.S. mobile apps industry analysis shows the market is expected to grow at a CAGR of 16.3% on account of the market maturing in terms of app usage.

Covered In This Global Mobile Apps Market Report                    

The report covers the present ground scenario and the future growth prospects of the mobile apps market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Mobile Apps Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global mobile apps market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Mobile Apps Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Global mobile apps market report comprises of the following companies as the key players: Google Inc., Microsoft, CA Technologies, Cognizant, SAP SE, Samsung Electronics Co. Ltd., China Mobile Limited, Apple Inc., Opera Software, LeewayHertz, Apptology, Zymr, Chelsea Apps Factory, Reliant Tekk, Fan Studio, IntellectSoft, Mentormate, Infinum, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Mobile Apps Industry Analysis Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

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• Respond to your competitors’ business structure, strategy, and prospects.