Tag: Mobile Application Market

Global Mobile Application Market Set for Explosive Growth, to Reach Around USD 52.96 Billion by 2020

Zion Research has published a new report titled “Mobile Application Market by Store Type (Native (On-deck) and Third-party (Off-deck)) for Games and Entertainment, Social Networking, Productivity, Music Audio & Lifestyle, Travel & Navigation and Other Application: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” According to the report, global demand for mobile application was valued at USD 17.24 billion in 2014, and is expected to reach USD 52.96 billion in 2020, growing at a CAGR of 16% between 2015 and 2020.

Mobile application deals with the development of computer program which is designed to run on mobile devices such as smartphones and tablet computers. This technology became a necessary part of everyday life due to the growing need and rapid adoption of smartphones. The mobile apps are very easy to download on smartphones using internet. Google Play Store (Android), Apple App Store, and Windows Phone Store are some popular distribution platforms from which mobile applications can get downloaded. Speed, volume of information, and advertising are some advantages of advancement in mobile applications.

Browse the full “Mobile Application Market by Store Type (Native (On-deck) and Third-party (Off-deck) for Games and Entertainment, Social Networking, Productivity, Music Audio & Lifestyle, Travel & Navigation and Other Application: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” report at http://www.marketresearchstore.com/report/mobile-application-market-z52534

Nowadays, mobile applications are being very popular due to its number of advantages and widespread adoption of smartphones. This is the major driving factor of mobile application market. High demand for mobile apps in gaming application is expected to boost the mobile application market. Mobile applications help users to connect them to internet services more commonly and this is the most convenient way of using internet due to which the demand of mobile apps increases which have positive effects on market growth. However, the mobile applications market might be affected due to some privacy & security issues and benefits offered by mobile websites.

The global mobile application market is segmented on the basis of store and application. Based on store types, market is segmented as native (on-deck) and third-party (off-deck). Native mobile apps usually stand in contrast to software applications that run on desktop computers and on the mobile device using mobile apps.

Browse 27 Market Tables and 18 Figures spread through 70 Pages and an in-depth TOC on “Mobile Application Market – Global Size, Shares, Trends, Segment & Forecast to 2020”

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Games and entertainment, social networking, productivity, music audio & lifestyle, travel & navigation and other application are the key applications involved in the mobile application market. Games and entertainment was the largest segment of global mobile application market and accounted for more than 40% share of the entire market in 2014. The reason behind this dominance is the highest numbers of downloads by users and demand for mobile entertainment apps such as online music, online games, picture editor etc.

North America was the dominating region in the global market of mobile application and accounted for over 34% share of the total market in 2014. It also expected to continue this development by the end of 2020 due to the rising access of different handheld smart devices. North America is followed by Asia Pacific due to the high population which will enhance the penetration of smartphones in this region.

Some of the key player for global mobile application market includes Apple, Samsung Electronics Co., Ltd., LG Mobile, Microsoft, Inc., China Mobile Ltd., Google Inc., Handmark, Handster Inc, Palm, Inc, Pocketgear, Research In Motion, Mplayit and Nokia Ovi Store.

Related Published Reports:

This report segments the global mobile application market as follows:

Global Mobile Application Market: Store Type Segment Analysis

  • Native (On-deck)
  • Third-party (Off-deck)

Global Mobile Application Market: Application Segment Analysis

  • Games and Entertainment
  • Social Networking
  • Productivity
  • Music Audio & Lifestyle
  • Travel & Navigation
  • Others

Global Mobile Application Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Mobile Applications Market Growth

Browse Press Release at http://www.marketresearchstore.com/news/global-mobile-application-market-200

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Mobile Application Market 2016 to grow at a CAGR of 31.05% during the period to 2020

The boom in the Mobile market and the upsurge in usage of smart phones are driving the market for mobile applications. Mobile applications are developed to enable users to get access to services similar to those that are received when accessing the apps through a personal computer. The adoption of mobile apps that are B2C are significantly higher than that of the mobile apps that are B2B. However, both still have higher opportunities for growth. Currently there are more than 3.17 million applications available on various app stores and a very large base of mobile application developers who develop mobile apps for app stores.

Global Mobile Application Market to grow at a CAGR of 31.05% over the period 2014-2019.

“The growing popularity of mobile applications is resulting in the expansion of mobile websites, with enterprises creating their own mobile applications to drive consumer engagement,”.

The latest report emphasizes the growing mobile workforce worldwide, which has created a market for apps to suit different needs. This helps organizations attain better business outcomes from a mobile and dispersed work force.

“Many leading application development companies are focusing on design and development of customized mobile applications in line with business aspects across various mobile operating systems,”.

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Covered in this Report

This report provides information about the market size and forecasts of the Global Mobile Application market for the period 2014-2019. This report also covers information about the market segmentation by its type, application category, revenue model, and geography. The three key regions covered in this report are the Americas, the EMEA region, and the APAC region.

Global Mobile Application Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Mobile Application market landscape and its growth prospects in the coming years. The report also includes a profile of the key vendors operating in this market.

Read More Research with TOC @ http://www.marketresearchstore.com/report/global-mobile-application-market-2015-2019-7258

It is also estimated that IT organizations will dedicate at least 25 percent of their software budgets to mobile app development, deployment and management in the coming years.

The new report covers the current scenario and growth prospects of the Global Mobile Application Market. To calculate the overall market size, the report considers the revenue generated through the sales of mobile applications worldwide.

Key Vendors

King Digital Entertainment
Rovio Entertainment