Mobile Applications Market Projected to US$25 Billion by 2015 – New Report by MarketsandMarkets

Mobile Applications Market research report majorly focuses on market trends, opportunities and factors influencing the growth of the mobile applications market (http://www.marketsandmarkets.com/Market-Reports/mobile-applications-228.html).

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
MarketsandMarkets

MarketsandMarkets

Major Players in Mobile Applications Market are Apple, China Mobile Ltd., Getjar, Google Inc., Handmark, Handster Inc, Lg Mobile, Microsoft Inc., Mplayit, Nokia Ovi Store, Samsung Electronics Co., Ltd. and many more

(PRWEB) July 26, 2014

According to a new market research report, ‘"World Mobile Applications Market 2015", the total global mobile applications market is expected to be worth US$25.0 billion by 2015, out of which the Apple App Store will account for nearly 20.5% of the total revenues. The global market is expected to record a CAGR of 29.6% 2015.

Browse 35 market data tables and in-depth TOC on Mobile Applications Market: http://www.marketsandmarkets.com/Market-Reports/mobile-applications-228.html

Early buyers will receive 10% customization on this report.

Purchase Copy Report Today - http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=228

The Asian region, especially, India and China have emerged as mobile applications hotspot with the continuous development of cellular markets and the increasing 3G penetrations and expenditure on consumer electronics across the region. In relatively saturated markets, such as the North America and Europe, operator’s subsidies and carrier wars has been fueling the growth of the mobile applications market in the region.

The global mobile applications device market is segmented into the sub markets for on-deck and off-deck mobile applications market. The former is the larger segment, accounting for approximately 3/4th of the global mobile applications revenues. However, the off-deck mobile applications segment is expected have a faster growth in the future owing to lowering of entry barriers and faster establishment of new independent stores. It is expected that by the end of 2015, the off-deck mobile application stores will just surpass the number of downloads from on-deck stores.

Each sub-segment of the global mobile applications market is calculated for the four geographical regions of North America, Europe, Asia, and ROW. North America is leading the market in 2009 with a 41.6% revenue share; however Asia is the largest market in terms of downloads with 36.0%. The European mobile applications market stood at $1.2 billion in 2009 which is expected to become largest market in 2015 at 8.4 billion growing at a CAGR of 33.6% during forecasting Period.

Market participants’ strategies vary by geography due to differing method of payments, subsidies, and levels of competition among vendors.

Advancement of network technologies, restructuring of revenue-sharing pattern, lowering of mobile data usage cost, growing adoption of smartphones, and increase in application usability have contributed to the growth of mobile application adoption globally. Apart from this, the mobile application advertising opportunity has allowed publishers to partly (by allowing discounts) or fully subsidize (make application free) applications; this has helped increase the adoption of mobile applications. However, the surge in the number of applications has increased the risk of data theft through delivery of phishing and spyware in applications. The lack of meaningful business applications and specialized mobile applications for specific industries has restricted the growth of mobile application development. The advent of 4G and superior content delivery technologies presents an opportunity for the mobile applications market. The global mobile applications market is estimated to reach $25.0 billion in 2015

The report also analyzes mobile applications market based on operating system; and also offers market analyses of application segments such as consumer and business mobile applications. In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the mobile applications markets in the North America, Europe, Asia, and Rest of the World (ROW). The report draws the competitive landscape of the global mobile applications market, providing an in-depth comparative analysis of the technological and marketing strategies the key players are adopting in order to gain an edge over the their competitors.

Browse Related Reports

Mobile Device Management Market by Solutions (Device Management, Application Management, Security Management, Network Service Management), Deployment Type (Cloud and On-premise) – Global Advancements, Market Forecast and Analysis (2014 – 2019)
http://www.marketsandmarkets.com/Market-Reports/mobile-device-management-market-105562389.html

Mobile/Micro Data Center Market by Applications (Instant & Retrofit, Disaster Recovery, High Density Networks, Remote Office, Mobile Computing), Rack Size, Organization Size and Verticals - Global Advancements, Worldwide Forecast & Analysis (2014-2019) http://www.marketsandmarkets.com/Market-Reports/micro-datacenters-market-828.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/telecom-it.
Telecom & IT Related Report: http://www.marketsandmarkets.com/telecom-and-IT-market-research-113.html


Contact