Android Mobile App Market is Projected to Grow at a CAGR of 15.6% Over The Forecast Period 2017-25

New York, USA, 2018-Dec-01 — /EPR Network/ —

According to Goldstein Research, growing penetration of smartphones and internet connectivity across the globe is majorly driving the growth of global android mobile apps market. On Google play store 70% of the apps are available to download for free. More the number of applications downloaded will generate higher revenues for the app developers and the Google app stores.  Android Mobile App Market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe. Top countries with highest app download customers were from China (leading the market), followed by the U.S., India, Brazil, and Russia.

Browse Full Report: https://www.goldsteinresearch.com/report/global-android-mobile-app-market

Market Segmentation

On the basis of our in-depth analysis, global android mobile app market can be segmented as follows:

By Application Category

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

By Revenue Model

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

By Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
• The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

“Global Android Mobile App Market Outlook 2025” contains detailed overview of the global android mobile app market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by application category and by revenue models.

Download Exclusive Sample Report: 

https://www.goldsteinresearch.com/request-sample/global-android-mobile-app-market

Further, for the in-depth analysis, Global Android Mobile App Industry Analysis encompasses the industry growth drivers, risk analysis, market challenges, market attractiveness, Porter’s five force model, BPS (Base Point Scale) analysis and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Google Inc., Microsoft, CA Technologies, Cognizant, SAP SE, Samsung Electronics Co. Ltd., China Mobile Limited, Apple Inc. etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global android mobile app market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players searching for opportunities and other investors to positions their market centred strategies according to the evolving and expected trends in the future.

Global Android Mobile Apps Market is driving on the basis of advancement in mention below industries:

Smart Phones Market

Telecommunication is the fastest growing industry where implementation of internet of things (IoT) is drastically changing the way of communication and lifestyle. The connection of smartphones with other devices is transforming day to day living style. The global smartphone market is valued USD 363.4 billion in 2016 and is projected to witness over 3.6 billion units shipments of smartphones by the end of 2024. The global smartphone market is anticipated to grow at a CAGR of 7.5% during the forecast period.

Cloud Services Market

Cloud service is provided to the users on demand or by subscriptions over the internet. Cloud services are provided and designed to ease the process of data handling and to easy access to resources, applications, and services which are completely maintained and managed by the cloud service providers. Cloud Services Market accounted for USD 164.8 Billion in 2016 and the market is expected to reach USD 390.0 Billion by the end of 2024. Further, the market is anticipated to expand at a compound annual growth rate of 11.4% over the forecast period i.e. 2016-2024.

Chatbot Market

Chatbot Market is expected to reach USD 834.5million by 2025, expanding at a CAGR of 24.5% over the forecast period, 2017-2025. Growing applications and solutions to facilitate customers majorly boost the market growth. Various e-commerce industries are adopting Chatbot for marketing and sales purposes which further impact positively on the revenue of this industry

Mobile Gaming Market

With the initial launch of the mobile game by Nokia back in 1997, the Mobile Gaming Industry has passed through various technological revolutions and now is a multi-billion industry growing on the back of rising number of Smartphone users across the globe. the global mobile gaming market to grow at a CAGR of 5.4% during the period 2016-2024. Further, the market is likely to reach USD 56.2 billion by the end of the forecast period.

Big Data Market

Global organizational spending is estimated to reach over USD 500 billion by the end of 2024. Increasing number of heterogeneous data generated from web clicks boosting the necessity to manage and monitor the data which will significantly impel the big data market growth in the near future. Adaptation of cloud computing is giving an edge for growth of Big Data Market across the globe. Discovering and analysis of huge amount of data is progressively bringing the business opportunities from past few years

Artificial Intelligence Market

With the digitization, enterprises are witnessed to shift towards smart & innovative technologies. Increasing adoption of advanced technologies by the organizations to read the algorithms and interpret the data is majorly driving the growth of global artificial intelligence market. The Artificial Intelligence Market size is expected to reach USD 14.2 billion by 2024 from an estimated market size of USD 525 million in 2015, growing at a CAGR of 17.2% over the forecast period 2016-2024.