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The global mobile apps market is forecasted to grow at a CAGR of 15.14% during the period 2017-2021
[November 14, 2017]

The global mobile apps market is forecasted to grow at a CAGR of 15.14% during the period 2017-2021

NEW YORK, Nov. 14, 2017 /PRNewswire/ --

About Mobile Apps

Mobile phones have specific software developed for them, and software has been a part of the mobile phone industry for over a decade. However, the growing mobile software industry popularized the term application. The distribution of mobile content and applications became a part of network operations. Mobile network operators used to manage the sales of mobile content in the earlier days. However, not many developers and publishers realized the potential of applications in the mobile industry. Meanwhile, the Apple App Store was a centralized device and a simplified business model for developers. This helped the developers kick-start the market for mobile apps. With the popularity of mobile apps, many OS providers and handset vendors have launched their own application stores. The mobile app industry now has several devices offering services and applications as an important industry factor. Therefore, the mobile app developers are increasingly focusing on making a prosperous mobile app ecosystem that creates revenues for publishers and value for end-users.

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Technavio's analysts forecast the global mobile apps market to grow at a CAGR of 15.14% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global mobile apps market for 2017-2021. To alculate the market size, the report considers the revenue generated from software developers and application store providers and excludes the revenue generated from businesses that require business-specific applications of mobile apps.

The market is divided into the following segments based on geography:
• Americas

Technavio's report, Global Mobile Apps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Apple
• BlackBerry
• Google
• Microsoft
• Nokia
• Appster
• Dom & Tom
• Intellectsoft
• WillowTree
• Y Media Labs

Other prominent vendors
• Zco
• Five Agency
• MentorMate
• Intuz
• Experion Technologies
• Konstant Infosolutions
• Ready4S
• AppInventiv Technologies
• Small Planet Digital
• Droids On Roids

Market driver
• Growth in the use of mobile devices
• For a full, detailed list, view our report

Market challenge
• App compatibility with multiple devices
• For a full, detailed list, view our report

Market trend
• Emergence of chatbots in mobile apps
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report:

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