Increasing Adoption of Android Phones to Underscore Growth in Mobile Applications Market from 2020 to 2030: TMR

-Fantasy sports apps will hold a prominent place in the global mobile applications market as people who are facing strict lockdowns look for high-end entertainment alternatives

-North America would chart notable growth over the forecast period owing to presence of strong players and increasing research and development (R&D) activities

ALBANY, N.Y., Sept. 10, 2020 /PRNewswire/ -- : A compound annual growth rate of about 20% is set to be charted over the period of 2020 to 2030, taking the market worth up to ~USD 717 billion by the year 2030 from about USD 113.8 billion in the year 2020. While a number of trends and drivers are propelling growth in the mobile applications market, some of the prominent ones include growing adoption of android phones and technological advancement.

As per Transparency Market Research, "E-learning mobile applications are witnessing notable increase in demand, with several million downloads observed over the past few months, amid the raging pandemic.  Social media algorithms are supporting e-learning too. This is set to drive the global mobile applications market forward over the aforementioned period and will also create new growth opportunities for players."

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Key Findings of Global Mobile Applications Market Study:

• Over the forecast period, it is anticipated that fantasy sports apps will witness large number of takers as people under strict lockdowns look for other entertainment channels
• Fantasy sports apps are attractive to a large number of people looking for high-end video gaming experience
• Increase in research and development (R&D) activities is being noted in the mobile applications domain, promising growth to the market in the future

For a detailed analysis of global mobile applications market by operating system, type, and region, visit at https://www.transparencymarketresearch.com/mobile-applications-market.html

Key Drivers of Growth in Global Mobile Applications Market:

• Increase in disposable income is leading to increase in demand for smart devices and that is set to contribute notably to the global mobile applications market
• Technological advancement has led to greater affordability of smart phones and that is also contributing to market growth
• Improvement in internet access even in remote areas is paving way for growth in the market over the forecast period

Request the Covid19 Impact Analysis across Industries and Markets at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=24

Regional Analysis of Global Mobile Applications Market:

• Notable CAGR will be recorded by North American region from 2020 to 2030 and the growth rate will be followed by that of Europe's
• Presence of prominent market players in the region and extensive research and development (R&D) activities are helping North America chart notable growth
• COVID-19 pandemic is driving people towards higher use of mobile apps and this is a notable growth factor in the market

Analyze global mobile applications market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitive Landscape of Global Mobile Applications market:

The global mobile applications market is a competitive vendor landscape with a large number of players deploying varied strategies for growth. Some of the key players include Amazon.com Inc., Apple Inc., Broadcom Inc. (CA Technologies), China Mobile Ltd., Cognizant Technology Solutions Corporation, Gameloft SE, Google LLC, Hewlett Packard Enterprise, Intellectsoft LLC, IBM Corporation, Microsoft Corporation, Nokia Corporation, QBurst, Softeq Development Corporation, Sourcebits, Inc., Verbat Technologies, WillowTree Apps Inc, and Y Media Labs Inc.

These players are comprehensively profiled in the market report prepared by Transparency Market Research. It also notes that top players are opting for mergers and acquisitions and strategic and synergistic collaborations to consolidate their position in the market. In 2020, Google acquired AppSheet, and Mobilerlron Inc. acquired incapptic Connect GmbH. Other strategies include product development with high focus on technology and innovation.

Press Release Source: https://www.transparencymarketresearch.com/pressrelease/mobile-applications-market.htm

Global Mobile Application Market: Segmentation

Mobile Application Market, by Operating System

• Android
• iOS

Mobile Application Market, by Type

• Gaming
• Non-gaming
• Business & Enterprise
• Social Networking
• Entertainment & Music
• Edutainment
• Health & Fitness
• Retail & e-Commerce
• Video & Photo
• Travel & Hospitality
• Others (News, Sports)

Mobile Application Market, by Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa
• United Arab Emirates
• South Africa
• Rest of Middle East & Africa (MEA)
• South America
• Brazil
• Argentina
• Rest of South America

Explore Transparency Market Research's award-winning coverage of the Global IT & Telecom Industry:

Mobile Satellite Services (MSS) Market – The global mobile satellite service market by service type was dominated by the data segment with a market share of 66.2% in 2016 and is expected to continue its dominance over the forecast period, owning to the factors such as increasing demand for high quality information with enhanced safety feature, which is fulfilled only by data services.

Enterprise Content Management Market – The global enterprise content management was worth US$ 11,927.9 Mn in 2019 and is expected to reach US$ 29,419.1 Mn by 2030, expanding at a CAGR of 8.5% from 2020 to 2030. North America was holding the largest market share for enterprise content management in 2019.

Messaging Security Market – Rising demand for cost-effective communication solutions from enterprises is projected to generate demand for highly advanced communication systems. Solution providers are offering secured messaging platforms to enterprises so as to help them maintain confidentiality of the enterprise communication data. Solution providers are offering a message-encrypted platform that provides security to commercial text messages, emails, and other messaging sources.

Access TMR Upcoming Reports - https://www.transparencymarketresearch.com/upcoming.htm 

Access Recently Published Reports by TMR - https://www.transparencymarketresearch.com/latest.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com 

LOGO: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg