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.
Browse the full report description of “Mobile Application Market Size, Share & Trends Analysis Report by Store Type (Google Store, Apple Store and Others) and by Application (Gaming, Music & Entertainment, Health & Fitness, Social Networking, Retail & e-Commerce, Travel & Hospitality and Learning & Education) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/mobile-application-market
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.
Global Mobile Application Market Report Segment
By Store Type
By Application
Global Mobile Application Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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