Mobile Application Market by Marketplace and App Category, 2023 - U.S. and China are the Leading Countries in the Mobile App Industry

According to a new report by Allied Market Research, titled, "Global Mobile Application Market by Marketplace, App Category, and Geography: Opportunity and Forecast, 2016 - 2023", the global mobile application market accounted for $108,440 million in 2016, and is expected to grow at a CAGR of 19.2% to reach $311,249 million by 2023. The gaming app category was the highest contributor in 2016, accounting for around 80% of the global mobile app market.

Request a Sample of the Report: https://www.alliedmarketresearch.com/request-sample/2300

A mobile app is an application software used on devices such as tablets and smartphones. The penetration and growth of mobile applications are on a rise due to the increase in smartphone users during the forecast period. More and more people are using smartphones and tablets, and the personal mobile device industry witnesses humungous growth that fuels the market for mobile apps.

Gaming is a leading category expected register the highest market share, and is expected to grow at the CAGR of 17.1% during the forecast period, owing to the widespread internet usage and the ongoing infrastructural developments in the field of telecom and communication in the developing regions.

Key players profiled in the mobile app market study include IBM Corporation, Google, Inc. Apple, Inc., Microsoft Corporation, BlackBerry Ltd., Fueled, LeewayHertz, Adept Business Solutions, Burgan National Information Systems Co., and Verbat Technologies.

Access Full Summary: https://www.alliedmarketresearch.com/mobile-application-market

The U.S. and China are the leading countries in the mobile app industry. At present North America leads the mobile app market. In the coming years, China is expected to surpass the U.S. market for mobile app; thus boosting the market in Asia-Pacific.

Mobile Application Market Key Benefits:

• The report provides an overview of the trends, structures, drivers, challenges, and opportunities in the mobile application industry.

• Porters Five Forces analysis highlights the potential of buyers & suppliers and provides insights on the competitive structure of the mobile application industry to determine the investment pockets.

• Current and future trends adopted by the key players in the industry are highlighted to determine the overall competitiveness of the market.

• The quantitative analysis from 2016 to 2023 is provided to elaborate the market potential.

Do Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2300

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.