Mobile Application Development Market Size was valued at USD 66.5 billion in 2021. The Mobile App Development market industry is projected to grow from USD 82.32 Billion in 2022 to USD 366.93 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 23.80% during the forecast period (2022 – 2030).
Mobile applications are numerous forms of software designed to run on mobile cellphones, tablets, and computer tablets. Mobile applications are regularly used to provide customers with services that are comparable to those available on Desktops. The primary objective of a mobile application is to assist consumers in connecting to internet services by allowing them to utilise the internet on their mobile devices.
The primary reasons driving the market’s growth include an increase in the usage of variable devices and an expansion in the client base for the e-commerce industry. Furthermore, continued development in enterprise applications, a greater emphasis on apps especially used for health and fitness, as well as high downloads and in-app purchases for gaming apps, fuel the market.
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Global Mobile Application Development Market: Major Players
Huawei
Microsoft Corporation
Grab
Oursky
Tencent
Apple, Inc.
Alibaba Group
Kony, Inc.
Infosys, Ltd.
IBM corporation
Wipro Corporation
Google, Inc.
Facebook, Inc.
Netflix
Motherapp
Zensis
Telegram
Anino Games
Samsung
Verivo software, Inc.
Amazon, Inc
Xiaomi
Global Mobile Application Development Market: Types
IOS
Android
Global Mobile Application Development Market: Applications
E-commerce
Banking
Entertainment (Gaming, Media)
Education
Government Agencies
Airline Industry
Others
Global Mobile Application Development Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Mobile Application Development market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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