Mobile Application Market GLOBAL GROWTH in Users

Comments

Transcription

Mobile Application Market GLOBAL GROWTH in Users
Global Market Study on Mobile Applications:
Games Use Segment to Reach a Market Valuation
of US$ 43.99 Billion by 2024 end
R e s e a r c h
Report Media Releases
Global Mobile Application Market Revenue to Register a
CAGR of 11.1% by 2024; Increasing Demand for Game
Apps Likely to Fuel Market Growth
Persistence Market Research delivers key insights on the global mobile application market in a
new report titled, “Global Mobile Application Market: Industry Analysis and Forecast, 2016–
2024”. The global mobile application market is projected to register a healthy CAGR of 11.1%
M a r k e t
during the forecast period 2016-2024. The market is likely to witness an absolute dollar
opportunity of US$ 50.47 Bn between 2016 and 2024.
Market dynamics
Rising disposable income increases the probability of consumer spending on media,
entertainment, networking, and mobile communication; leading to higher potential sales of
mobile applications. The instances of mobile application adoption are very high among the urban
population as compared to the rural population – and hence there is high demand for mobile
applications in developed regions (where the urban to rural population ratio is higher than
developing regions). These factors have led to a rapid growth of the global mobile application
P e r s i s t e n c e
market over the last few years and this trend is likely to continue in the coming eight years.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-
research/mobile-applications-market.asp
The global mobile application market is expected to witness substantial growth over the forecast
period owing to advancements in the electronic, telecommunication, and m-commerce
industries. Leading global smartphone manufacturers such as Apple Inc., Samsung Electronics
Co. Ltd., Huawei Technologies Co. Ltd., Lenovo Group Limited, LG Electronics Inc., Microsoft,
etc. are making strategic investments in the development and production of their own application
processor (AP) to differentiate their offerings and maintain increased market share and margins.
There is also a rising trend of m-commerce particularly among the working population, and this
has increased the demand for mobile applications. Growing internet penetration and rising
subscription in social media are some of the other key factors driving the growth of the global
mobile application market.
Global Mobile Application Market 2016-2026
R e s e a r c h
Download Sample Report @ http://www.persistencemarketresearch.com/samples/2592
Among regions, North America is expected to dominate the overall global commercial
refrigeration equipment market over the forecast period. Sales of commercial refrigeration
equipment in North America is projected to increase from US$ 7,960.7 Mn in 2015 to US$ 12.54
Bn by 2026. Growing Asian economies such as China and India are expected to witness
relatively faster growth during the forecast period. The China commercial refrigeration equipment
market is expected to grow with the highest value CAGR of 8.2% in the forecast period. The
market in Asia Pacific excluding China is expected to register a relatively high CAGR of 5.3%
throughout the period 2016-2026.
M a r k e t
The global mobile application market is segmented on the basis of Store Type (Apple App Store,
Google Play, Others); End Use (Games, Social Networking, Healthcare, Books, Music,
Productivity, Education, Entertainment, News, Photos and Videos, Navigation, Travel, Business,
Others); and Region (North America, Latin America, Europe, Asia Pacific, and Middle East &
Africa).
Download Report Table of Content, Figures, and Tables @
http://www.persistencemarketresearch.com/market-research/mobile-applicationsmarket/toc
The Apple App store segment is estimated to account for a revenue share of 47.2% in 2016. The
P e r s i s t e n c e
Google Play segment is anticipated to reach a market valuation of US$ 17.22 Bn by the end of
2016 and this is expected to increase to US$ 43.53 Bn by 2024 end, registering a CAGR of
10.8% over the forecast period. The Games end use segment is estimated to be valued at US$
18.45 Bn by the end of 2016 and this is expected to increase to US$ 43.99 Bn by 2024,
witnessing a CAGR of 11.7% over the forecast period. As compared to the other segments, the
Games segment is expected to exhibit a relatively high attractiveness index over the forecast
period.
Among regions, APAC is estimated to be the largest market for mobile applications throughout
the forecast period. The APAC mobile application market is estimated to be valued at US$ 15.94
Bn by the end of 2016 and is expected to increase to a market value of US$ 41.97 Bn by 2024,
registering a CAGR of 10.6% between 2016 and 2024. The North America mobile application
market is estimated to account for a revenue share of 21.0% in 2016.
Global Mobile Application Market 2016-2026
operating in the global mobile application market. The companies featured in the report are
Google Inc., Microsoft, CA, Cognizant, Hewlett Packard Enterprise Development LP, SAP SE,
China Mobile Limited, Samsung Electronics Co. Ltd., Apple Inc., and Opera Software. Top
market companies lay strong emphasis on strategic mergers and acquisitions, technology
advancements, and competitive pricing to retain their position in the global mobile application
market.
P e r s i s t e n c e
M a r k e t
R e s e a r c h
The global mobile application market report profiles some of the leading market players
Global Mobile Application Market 2016-2026
R e s e a r c h
M a r k e t
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a
unique collaboration of data analytics and market research methodology to help businesses
achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary
approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying
real-time data collection, big data, and customer experience analytics, we deliver business
intelligence for organizations of all sizes.
Our offerings include pre-built reports that address every major sale, customized solutions to
cater to client-specific needs, and consulting services to offer more value addition. Our nextgeneration research approach for exploring emerging technologies has allowed us to solve the
most complex problems of clients. We do not follow a reactive approach, but a pro-active one.
Expert analysts at PMR keep a tab on next-generation technologies in their R&D phase and
provide the latest insights into these technologies when they are being commercialized. Our
ground-breaking approach allows us to deliver market solutions before the technologies reach
the market.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing
P e r s i s t e n c e
startups. PMR’s collaborative environment is committed to building industry-specific solutions by
transforming data from multiple streams into a strategic asset.
Contact Us:
Persistence Market Research
90 Sate Street, Suite 700 Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: http://www.persistencemarketresearch.com/
[email protected]
Stay updated with our official Blog: http://pmrblog.com
Global Mobile Application Market 2016-2026

Similar documents

Global Personal Emergency Response Systems Market, 2016 - 2024

Global Personal Emergency Response Systems Market, 2016 - 2024 Increasing aging population as well as increasing prevalence of central nervous system (CNS) disorders are leading to various risks and emergency situations. Some of the main causes of risk situations among the elderly population are rising incidence of Alzheimer’s and strokes.

More information

Global IT Infrastructure Monitoring Market, 2016–2024

Global IT Infrastructure Monitoring Market, 2016–2024 The need for enhanced security and monitoring in organizations across the globe are the major factors driving the IT infrastructure monitoring market. However, factors such as security concerns among the users, especially for solutions requiring public connectivity and security, is expected to hinder growth of the global IT infrastructure monitoring market.

More information

Demand of Bicycle Market Worldwide

Demand of Bicycle Market Worldwide Major advantage of using bicycles is that people can avoid heavy traffic and don’t get bogged down by the increasing number of vehicles plying on the road and reach their destination faster.

More information

Battery Material Market : Share, Forecast and Demand 2016 - 2024

Battery Material Market : Share, Forecast and Demand 2016 - 2024 The total market is segmented by types, application, and geography. The major types for battery material include anode, cathode, electrolyte and separators.

More information

Computer Numerical Control Market : Global Industry Analysis and Forecast 2016 - 2024

Computer Numerical Control Market : Global Industry Analysis and Forecast 2016 - 2024 Computer numerical controls finds its application in both machine tool and non-machine tool categories. Under the machine tools category CNC is used for drill press, lathe machines, milling machines, sheet metal, laser and tube bending among others.

More information

Commercial Refrigeration Equipment Market Growth

Commercial Refrigeration Equipment Market Growth Commercial Refrigeration Equipment Market collaborations / partnerships with established players in mature markets for business expansion and growth.

More information

Global Chloroacetyl Chloride Market Growth

Global Chloroacetyl Chloride Market Growth Active pharmaceutical ingredients and as an acylating agent in various reactions is expected to increase over the forecast period and fuel overall growth of the global chloroacetyl chloride market.

More information

Lecithin Market Outlook and Forecast by 2024

Lecithin Market Outlook and Forecast by 2024 The global Lecithin Market in its published outlook titled, “Lecithin Market: Global Industry Analysis and Forecast, 2016–2024”.

More information

Global Emulsifiers Market Insights 2016-2024

Global Emulsifiers Market Insights 2016-2024 The in-depth research of the market reveals that the global Emulsifiers Market showed a robust market value in 2015 and the market value will climb up to US$ 5,934.5 Mn by 2024 end.

More information