Mobile Application Market Projected to Register 19.2% CAGR to 2023 | IBM Corporation, Google, Apple, Microsoft Corporation, BlackBerry, Fueled, LeewayHertz, Adept Business Solutions, Burgan National Information Systems Co.

Mobile Application Market-Global Opportunity Analysis and Industry Forecast, 2016-2023

A mobile app or mobile application is a computer program designed to run on a mobile device such as a phone/tablet or watch. Mobile applications often stand in contrast to desktop applications which run on desktop computers, and with web applications which run in mobile web browsers rather than directly on the mobile device.

The mobile apps gain importance at a global level due to their ease of use and user-friendly interface. As these apps provide the specific information required by the user, these apps become the basic need of anyone using the personal portable devices such as smartphones, tablets, or laptops.

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Companies Profiled in this report includes: IBM Corporation, Google, Inc. Apple, Inc., Microsoft Corporation, BlackBerry Ltd., Fueled, LeewayHertz, Adept Business Solutions, Burgan National Information Systems Co., and Verbat Technologies.

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. Continuous increase in the mobile users and the growth of unique subscriber base in the telecom industry drives the market growth for the global mobile application market during the forecast period. The attacks and threats to cyber security is expected to be restraint the market as the wide spread internet connectivity sometimes exposes the user information while installing the apps as well as using them, creating a potential threat to the personal and confidential information.

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.

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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.

Table of Content:

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 MOBILE APPLICATION MARKET, BY MARKETPLACE

CHAPTER 5 MOBILE APPLICATION MARKET, BY APP CATEGORY

CHAPTER 6 MOBILE APPLICATION MARKET, BY GEOGRAPHY

6.1. OVERVIEW

6.2. North America

6.3. Europe

6.4. Asia-Pacific

6.5. LAMEA

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Posted by on Thursday September 19 2019, 1:31 AM EST. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Software & Services, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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