Mobile Application Market Size Expected to Grow by USD 653.91 Billion | 46% of market growth will come from APAC

Market scope

The mobile applications market covers the following areas:

Mobile application market sizing
Mobile Application Market Forecast
Mobile application market analysis

Supplier Information

The mobile application market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

• Alphabet Inc.
• Amazon.com Inc.
• Apple Inc.
• Electronic Arts Inc.
• facebook inc.
• Microsoft Corp.
• Netflix Inc.
• Spotify Technology AG
• Ubisoft Entertainment
• Xiaomi Corp.

Find more highlights on vendor growth strategies and product offerings. Read a sample report.

Geographical analysis of the market

APAC will provide maximum growth opportunities in mobile applications during the forecast period. According to our research, the region will contribute 46% of the global market growth during the forecast period. China, Japanand India are the main markets in APAC. The large mobile phone customer base will drive the growth of the mobile application market in APAC region during the forecast period.

Learn more about the geographical distribution of this market along with a detailed analysis of major regions. View our report preview

Analysis of key segments

The growth of the market share of mobile applications by the Android segment will be significant during the forecast period. The Google Play Store is the preferred mobile app development platform for developers. This is mainly due to the growing use of Android smartphones across the world, which increases the demand for Android OS.

See our sample report: to know additional highlights and key points on various market segments and their impact in the coming years.

Key Market Drivers and Challenges:

The growing smartphone penetration is driving the growth of the mobile application market. Smartphone manufacturers are mainly focusing on launching new mobile phones with improved features, such as better processing speeds, battery life, storage, display quality, and software capabilities.

The costs associated with the development and operation of mobile applications will challenge the mobile application market over the forecast period. With the growing demand for mobile applications, there has been an increased need for associated activities such as administrative support, maintenance support, and infrastructure services, among others. These support activities incur a higher cost than that involved in the cost of developing applications.

Download our sample for highlights on market drivers and challenges impacting the market.

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Highlights

• Market CAGR over the forecast period 2021-2025
• Detailed information on the factors that will contribute to the growth of the mobile application market over the next five years
• Estimation of the mobile application market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the mobile application market
• Market Competitive Landscape Analysis and Detailed Vendor Information
• Complete details of the factors that will challenge the growth of the Mobile Application Market vendors

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Contents

Summary

Market landscape

• Market ecosystem
• Value chain analysis

Market sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market Outlook: Predictions for 2020 – 2025

Five forces analysis

• The bargaining power of buyers
• Bargaining power of suppliers
• The threat of new entrants
• The threat of substitutes
• Threat of rivalry
• Market state

Market segmentation by application

Market segmentation by

• Market segments
• Comparison by application
• Comparison by
• Games – Market size and forecast 2020-2025
• Social Media – Market size and forecast 2020-2025
• Music – Market size and forecast 2020-2025
• Video – Market Size and Forecast 2020-2025
• Others – Market size and forecast 2020-2025
• Market Opportunity by Application
• Market opportunity by

Market segmentation by platform

Market segmentation by

• Market segments
• Comparison by platform
• Comparison by
• Android – Market size and forecast 2020-2025
• iOS – Market size and forecast 2020-2025
• Others – Market size and forecast 2020-2025
• Market opportunity by platform
• Market opportunity by

Market segmentation by

• Market segments
• Comparison by
• Advertising – Market size and forecast 2020-2025
• In-app purchase – Market size and forecast 2020-2025
• Subscription – Market size and forecast 2020-2025
• Pay per download – Market size and forecast 2020-2025
• Market opportunity by

Geographic landscape

• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2020-2025
• North America – Market size and forecast 2020-2025
• Europe – Market size and forecast 2020-2025
• South America – Market size and forecast 2020-2025
• MEA – Market size and forecast 2020-2025
• Main leading countries
• Market opportunity by
• Market Opportunity by Geography
• Market factors
• Market challenges
• Market trends

Supplier Landscape

• Insight
• Landscape disturbance

Vendor analysis

• Suppliers Covered
• Positioning on the supplier market
• Alphabet Inc.
• Amazon.com Inc.
• Apple Inc.
• Electronic Arts Inc.
• facebook inc.
• Microsoft Corp.
• Netflix Inc.
• Spotify Technology AG
• Ubisoft Entertainment
• Xiaomi Corp.

Annex

• Report scope
• Currency conversion rates for the US dollar
• Research methodology
• Abreviations list

About Us:

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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