Mobile Apps Market is Projected to Grow at a CAGR of 16.3% During the Forecast Period (2017-2025)

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

According to Goldstein Research, growing mobile phones penetration and internet connectivity are majorly propelling 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. Global mobile apps 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 high spending customers were China (leading the market), followed by the U.S., India, Brazil, and Russia.

Download Exclusive Sample Report: 

https://www.goldsteinresearch.com/request-sample/mobile-application-market

Market Segmentation

On the basis of our in-depth analysis, glob mobile apps 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 Store

• Google Play Store
• Apple App Store
• Others

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)}

Browse Full Report: 

https://www.goldsteinresearch.com/report/mobile-application-market

“Global Mobile apps Market Outlook 2025” contains detail by app stores type. and can be segmented in terms of market segmentation by applications, by a revenue model market overview of the global mobile apps market.

Further, for the comprehensive analysis, Global Mobile Apps Market Analysis encompasses the industry market challenges, growth drivers, risk analysis, BPS (Base Point Scale) analysis,

attractiveness, Porter’s five force model 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., Opera Software 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 embodies the global mobile apps market trends along with market projections 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 centered strategies according to the evolving and expected trends in the future.

Key questions answered in this global mobile apps market report

• What is the global mobile apps market size by 2025 and what would be the expected growth rate of the industry?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the mobile apps market trends?
• What are the factors which are driving this industry?
• What are the major barriers to mobile apps industry growth?
• Who are the key vendors in this industry space?
• What are the industry opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

Global 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. Glo 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.

IT Managed Services Market

IT managed services market size is estimated at USD 145.3 billion in 2016, which is estimated to reach USD 249.4 billion by 2024, growing at a CAGR of 9.4% over the forecast period 2016-2024. Advancing technologies and services such as big data, cloud computing and mobility services among others that tends to provide flexibility, cost efficiency and improved profit margins to the companies are majorly driving the growth of global IT managed services market. Further geographically,  IT managed services Market is dominated by North America region which is anticipated to be growing at CAGR of 3.6% over the forecast period.

Android mobile apps are software applications, which are created to run on an android based operating system on smartphones, tablets and mobile devices. Through the Google app stores, mobile apps are available for download on android mobiles. global Android mobile apps market revenues in 2017. On the Android platform, Candy Crush Saga gaming app recorded the largest revenue share in 2017, generating USD 53.49 million. Android 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).

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.