Global Mobile Application Development Market was valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn by 2027 at a CAGR of xx% over forecast period 2020-2027.
Global Mobile Application Development Market
The report covers an in depth analysis of COVID 19 pandemic impact on Global Mobile Application Development Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Mobile Application Development Market Dynamic’s:
Mobile Application Development refers to the process of making application software for handheld devices such as mobile phones and Personal Digital Assistants. Through the usage of mobile apps, the user is provided with various features that will fulfil all his needs and much more. Factors such as an increasing advent of cloud based technology and growing number of commercial mobile devices are mainly driving the global mobile application development market. Increasing demand among enterprises for mobile apps and rising adoption of bring your own device (BYOD) are also major factors expected to fuel the demand for mobile application development platforms over forecast period.
However, high cost of mobile application development platform solutions, cyber security concerns and lack of technical infrastructure are the major factors which are expected to hinder the growth of the market.
Global Mobile Application Development Market segmented by platform, application and by region. By platform, android segment held 56.78% of market share in 2019 and is expected to keep its dominance over forecast period. Android is the world’s most popular platform for mobile devices. Android brings Google and the whole internet to users of smart phones, tablets, and other mobile devices. In the process, it is changing how we communicate with one another. Android is an open platform that provides exciting opportunities for developing virtually any app imaginable. With a user base that continues growing every day, Android also has a built-in open marketplace for distributing new apps. Android presents unprecedented opportunities for global mobile application development market over forecast period.
By geography, North America held 39.08% of market share in 2019 and is expected to keep its dominance over forecast period. U.S and Canada are mainly fuelling the growth of the North American mobile application development platform market. U.S. has presence of large number of well-established players such as IBM Corporation, Adobe Systems, Inc., and Salesforce Inc. these well established players are driving the market in this region. North America is followed by APAC and Europe. APAC is expected to hold 29.89% of market share over forecast period. Growing demand for advanced technologies and growing need for innovations are the major factors responsible for the growth of the mobile application development platform market in this region.
Report covers in depth analysis of key development, marketing & pricing strategies and company profiles of market leaders, potential players and new entrants. Some of the major players covered in this report are Adobe Systems, Inc., IBM Corporation, Kony, Salesforce.Com, SAP SE, Appcelerator, Inc., Backbase, MicroStrategy Inc., Apple, Inc., and Intellectsoft LLC among others. These key players are adopting various organic and inorganic growth strategies such as joint ventures, merger & acquisitions, expansion, strategic alliances, collaborations, new product launches and patent to increase their regional presence and business opeartions.
The objective of the report is to present a comprehensive analysis of the Global Mobile Application Development Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Mobile Application Development Market dynamics, structure by analyzing the market segments and project the Global Mobile Application Development Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Mobile Application Development Market make the report investor’s guide.
Scope of Global Mobile Application Development Market
Global Mobile Application Development Market segmentation by Platform
Global Mobile Application Development Market segmentation by Application
• Government Agencies
• Airline Industry
Global Mobile Application Development Market segmentation by Region
• North America
• MEA& Africa
• Latin America
Global Mobile Application Development Market Key Players
• Facebook, Inc. (U.S.)
• Google, Inc. (U.S.)
• Microsoft Corporation (U.S.)
• IBM corporation (U.S.)
• Apple, Inc. (U.S.)
• Amazon, Inc. (U.S.)
• Kony, Inc. (U.S.)
• Verivo software, Inc. (U.S.)
• Infosys, Ltd. (India)
• Wipro Corporation (India)
• Hewlett Packard Enterprise Company
• Oracle Corporation
• OutSystems, Inc.
• Red Hat, Inc.
• Telerik, Inc.
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