Global mobile application market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing adoption of smartphones globally. With more consumers gaining access to mobile devices, there is a corresponding surge in demand for diverse applications across various categories. Technological advancements, including improved hardware capabilities and faster internet connectivity, further fuel this growth by enabling developers to create more sophisticated and engaging apps. Additionally, the increasing availability of app development tools has democratised the process, allowing a broader range of developers to contribute to the market.
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For instance, in June 2023, Ubisoft Entertainment, a France-based company, unveiled Rocksmith+, a music learning application accessible on both Google’s Android and Apple Inc.’s iOS platforms. Offering access to an extensive library of over 6,000 songs, Rocksmith+ allows users to learn guitar skills from anywhere at any time.
Further, in May 2023, Amazon.com Inc. revealed plans to integrate its online store into mobile apps and video games developed by third-party organisations, enhancing user experience and market presence.
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Store Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- includesGoogle LLC, Microsoft Corp., IBM, Netflix Entertainment Services India LLP, Cognizant Technology Solutions Corp., and others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Mobile Application Market Report Segment
By Store Type
- Google Store
- Apple Store
- Others (Microsoft)
By Application
- Gaming
- Music & Entertainment
- Health & Fitness
- Social Networking
- Retail & e-Commerce
- Travel & Hospitality
- Learning & Education
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Mobile Application Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Alibaba Group Holding Ltd.
- com Inc.
- Apple Inc.
- Baidu Inc.
- Broadcom, Inc.
- Cognizant Technology Solutions Corp.
- fit (CultFit)
- Facebook Inc. (Meta) (including WhatsApp and Instagram)
- Gameloft
- Hewlett Packard Enterprise Company
- Netflix Entertainment Services India LLP
- IBM
- Intellectsoft LLC
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
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