Mobile Application Analysis By Manufacturers SAP SE, Google Inc., Opera Software, Microsoft, Apple., CA Technologies
The global mobile application market was estimated to account for US$ 54,498.7 Mn in terms of value by the end of 2019
Download A Readymade Sample PDF Copy now with Some Benefits
**including TOC, figures and Chart+30 minutes of consultation
Market Dynamics- Driver
Rapid growth of mobile ad industry is expected to drive growth of the global mobile application market during the forecast period
Mobile ad industry has witnessed significant growth in the recent past, owing to high adoption of mobile devices such as smartphones, tablets, and more. According to Coherent Market Insights' analysis, in 2016, the global mobile industry accounted for over US$ 100 billion in terms of expenditure and exceeding 50% of total digital ad expenditure. According to the same source, in 2014, mobile app ads accounted for over 30% of the total mobile advertising revenue. Hence, high growth of mobile ad industry is expected to boost the global mobile application market over the forecast period.
Rampantly expanding e-commerce industry is expected to propel the global mobile application market over the forecast period
Many retailers are focused on finding opportunity for market development without physical footprint. Consumers prefer buying products on online platform instead of local retail stores, especially smartphones. This indicates that there is an opportunity for e-commerce as well as for mobile application companies across the globe. Moreover, many investors have shown interest in e-commerce platform in the recent past. For instance, in September 2014, Alibaba, a China-based e-commerce platform, invested US$ 25 billion in initial public offering (IPO) in e-commerce. Therefore, continuous expansion of e-commerce industry is expected to support the market growth in the near future.
Constantly changing lifestyle across the world is expected to boost the global mobile application market growth during the forecast period
Changing lifestyle refers to changing habits, beliefs, financial status, morals, and purchase parity of an individual. . Understanding the lifestyle trends of the population allows a business to better market itself so that the business can easily change its strategy if those trends change. Connately changing lifestyle and spending habits across the globe are expected to accelerate the market growth over the forecast period.
Asia Pacific region dominated the global mobile application market in 2019, accounting for 43.0% share in terms of value, followed by Europe, and North America respectively.
Global mobile application market, by store type segment, between apple app store sub-segment was accounted for 46.9% market share in 2019 and is expected to grow at a CAGR of 11.4% between 2019 and 2027.
Key companies operating in the global mobile application market are SAP SE, Google Inc., Opera Software, Microsoft Corporation, Apple Inc., CA Technologies, Samsung Electronics Co., Ltd., Cognizant, China Mobile Limited, and Hewlett Packard Enterprise Development LP.
Key companies in the market are focused on product launch, in order to enhance their market presence. For instance, in November 2019, Microsoft Corporation introduced new 'Office app' for iOS and Android platforms.
Key players in the market are focused on partnerships and collaborations, in order to gain competitive edge in the market. For instance, in May 2016, SAP SE entered into partnership with Apple in order to develop iOS enterprise apps.
Get PDF Brochure of This Business Report:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Visit Our Blogs: https://blog.coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Application Analysis By Manufacturers SAP SE, Google Inc., Opera Software, Microsoft, Apple., CA Technologies here
News-ID: 1929265 • Views: 320
More Releases from Coherent Market Insights
What Is Barcode Printer Market and How Does It Work?
A barcode printer is an electronic device that is typically used for printing barcode tags or labels, which can be attached to objects that are shipped. The barcode printer uses direct thermal or thermal transfer techniques to apply ink labels. Although direct thermal printers are less expensive, the labels produced by these printers can become illegible if exposed to chemical vapors or direct sunlight. On the basis of printing type,
Telecom Towers Analysis By Manufacturers American Tower Corporation, AT&T Inc., …
Telecommunication towers or radio masts are tall structures designed to support antennas for telecommunications and broadcasting, including televisions. Telecom towers are grouped in a geographical location where population density is generally high and it connects a large number of cell phone users. This helps in avoiding saturation of the available capacity. The primary function of telecom towers is to give proper elevation to telecom antennas that will receive and transmit
Aircraft Galley Equipment Analysis By Manufacturers Zodiac Aerospace, JAMCO, Roc …
The aircraft galley is the on-board compact kitchen on air-borne vessel. As galley equipment occupy minimum space and provide optimized facilities of kitchens by utilizing minimum space they are predominantly used on aircrafts. Aircraft galley equipment include various electric and non-electric inserts. Electric insert includes water boilers, coffee makers, beverage makers, chillers, air chillers, dishwasher, food warmers, and refrigeration system. Non- electric insert includes rack, serving pots, tray, trolley, dishes,
IoT Infrastructure Market Analysis By Manufacturers CISCO Systems, Amazon Web Se …
The internet of things (IoT) is an infrastructure of interconnected mechanical and digital machines, people, computing devices or systems that process and respond to physical and virtual information with unique identifiers (UIDs). IoT provides the ability to transfer data over a network without requiring machine-to-machine (M2M), person-to-person (P2P), and person-to-machine (P2M) interaction. Factors Driving Growth of the Global IoT Infrastructure Market IoT has changed the way machines interact with humans and
More Releases for App
Healthcare Mobile App Business
The steady recent advancements in functioning capabilities of a mobile app have made a tremendous change and progression in the healthcare and healthcare technology sector. Today’s Healthcare mobile apps include various services and features that have increased the usage of both the diagnosis and healing process. Also, rising technologies like blockchain and AI now integrating with many mobile applications. The total market size of the mobile health industry is expected
GOODVICE - Your Fitness App
GOODVICE is a fitness tech company that empowers customers to enjoy fitness on the go at the gym and fitness centres of their choice without committing to long-term memberships. GOODVICE caters to the growing breed of gym-floaters by offering a solution to activate, reactivate and sustain customers on their fitness journey. One can simply explore any gym workout, yoga, Zumba, Pilates, spinning, swimming, and much more in your city. To
Mobile App Developemt Company
Logicspice has recently launched online food ordering system to make the ordering and delivery process easiest for restaurants. We can say that this is the next generation for restaurant. This food ordering system is providing mobile apps for restaurant, customers, kitchen staff and delivery persons. You can integrate this system with your existing customer website also. With the growing demand of online food delivery, this is the next big thing for
Mobile app development outsourcing
Most of the businesses are facing difficulty in building quality apps at an affordable cost. Indian companies are the hot cake for availing quality business services at reasonable cost. Thus, they are attracted to India’s mobile app development outsourcing companies. According to a survey, 80% of US and European companies chose India as their first mobile app development outsourcing destination. This is because India harbors world’s most skilled developers accompanied with
Overview: Sale promotions are expected to generate larger volume of sales and thus profit for the business. However, the success of the sale lies in the customer turn out and thus advertising is the key to have a successful sale promotion campaign. Traditionally, billboards, TV and radio commercials, internet advertising, via email and social media campaigns, or mobile phone marketing, via SMS or phone calls, and newspaper/magazine ads are used to
ARISE Positivity Card App
ARISE Foundation 824 US HWY 1 Suite #240 North Palm Beach, FL 33408 Phone: (561) 630-2021 Fax: (561) 630-2790 CONTACT: EDMUND BENSON Cell: 305-582-1460 FOR IMMEDIATE RELEASE ARISE Positivity Cards App is Now Available for the iPhone, iPad and Android FREE of Charge North Palm Beach, FL – ARISE Foundation is proud to offer their new iPhone, iPad and Android App FREE of charge. The ARISE Positivity Cards App is a collection of 55 ARISE