Mobile Applications Market is Projected Healthy Growth of 16.2% CAGR from 2014 to 2020
The global mobile applications market is increasing like never before owing to the growing smartphone users across the globe and an increase in the number of downloads of mobile apps. An increase in the number of downloads of mobile apps can be attributed to the rising internet connectivity. According to the report, the number of mobile apps that have been downloaded in 2013 was 102,062 mn and is anticipated to reach 268,692 mn by the end of 2017.
Mobile applications, or mobile apps, are software that is user friendly and designed for operating on mobile devices such as tablets, smartphones, and other handheld devices. Due to rising usage of mobile devices, there has been a continual development of mobile apps in various categories such as productivity, games, personalization, social, and many more.
Browse Report @ https://www.transparencymarketresearch.com/mobile-applications-market.html
An elevated demand for mobile apps for gaming is one of the major reasons for the market’s growth. The advancement in mobile internet networks and connectivity has also made it possible for consumers to download several free and paid apps, thus boosting the global mobile apps market. According to the report, gaming and entertainment are the the most commonly downloaded apps categories. The gaming and entertainment mobile apps together held a 40% share in the global mobile applications market. Other popular categories of mobile applications evaluated in the report are social and personalization, productivity, audio and lifestyle, music, travel and navigation, and business, finance, and utilities apps.
The global mobile apps market is segmented on the basis of app category, app store, and geography. By store type, the global mobile applications market is broadly categorized into native (on-deck) and third party (off-deck). Popular mobile app stores from where apps are majorly downloaded and installed are: Google Play, Windows Phone Store, App Store, and Blackberry AppWorld.
Geographically, the global mobile applications market is segmented into Europe, Asia Pacific, North America, and Rest of the World. While North America dominated the global mobile applications market in 2013 with a 34% share, Asia Pacific is expected to exhibit the fastest growth in the forecast period, owing to its large smartphone toting population and the increasing penetration of smartphones in the region. Smartphones will be increasingly used by consumers falling in the age group of 15 to 40 years and thus Asia Pacific is expected to be the dominant regional player by the end of 2020. Europe and Rest of the World will also witness significant growth in the global mobile applications industry during the forecast period.
On the whole, the market will experience steady growth, despite the preference for mobile sites over mobile apps by many users, which will marginally suppress the mobile apps market. Key companies operating in the market include: Google, OpenXcell Technolabs, Y Media Labs, Handmark, WillowTree Apps, Microsoft Corporation, Softeq Development Corporation, QBurst, Sourcebits, Apple, and BlackBerry Limited.
Request Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
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 Applications Market is Projected Healthy Growth of 16.2% CAGR from 2014 to 2020 here
News-ID: 837407 • Views: 153
More Releases from Transparency Market Research
Coconut Oil Market- Positive Long-Term Growth Outlook till 2025
Coconut oil is extracted from dried or tender coconut kernels and is a tasteless and colorless oil. The coconut oil is available in two types based on the extraction- unrefined and refined or virgin oil. Unrefined oil is unbleached and unprocessed and is rarely used in consumption, while virgin oil is used in consumption. Obtain Report Details @ https://www.transparencymarketresearch.com/coconut-oil-market.html The coconut oil market has seen tremendous potential in the personal
Cassava Flour Market: Global Size, Trends, Competitive, Historical and Forecast …
Cassava flour is gaining worldwide recognition as an alternative for wheat flour and other gluten-based flours. It contains more calories in comparison to other flours. Cassava flour is considered as a rich source of starch, which is the main source for carbohydrates and dietary fibers. In the global flour market, the demand for cassava flour is high, owing to its very less content of gluten in comparison to other varieties
Tiger Nuts Market - Growth Prospect and Future Scenario by 2026
The growing demand for healthy, plant-based snacks among consumers has fuelled the growth of tiger nuts in recent years. Tiger nuts are naturally occurring tuberous rhizome of sedge grass known as cyperus esculentus lativum. Tiger nuts do not belong to the nut family, but they have a texture similar to wrinkled crunchy granules. Tiger nuts are natively cultivated and consumed in Egypt and Spain as a part of the Mediterranean
Understanding Impact of COVID-19 on Wound Closure Products Market
The global wound closure products market is a highly competitive market with a high number of global and local players operating in it around the world, states a new market research study by Transparency Market Research. The key players in the market are focusing on the expansion of the product portfolio and the innovations, which is expected to support the growth of the overall market in the next few years.
More Releases for App
Safety of Online App
As Distance Learning is getting popular in India as well as other countries, Applications like Zoom has become popular amongst students as well as Teachers. But is the use of the application is safe? The govt's warning comes after India's nodal cybersecurity agency - Computer Emergency Response Team of India (CERT-in) - had cautioned against the vulnerability of the app. The agency had pointed out that the app has significant weaknesses which
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