Market Highlights:
The Global Mobile Application Development Market is growing with the rapid pace mainly due to the increasing market of smartphones or tablets. The dependency over the smartphones has been increased tremendously which in result has led to the growth of mobile application development market. According to a recent study report published by the Market Research Future, the global market of Mobile Application Development is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The Global Mobile Application Development Market is driven by the adoption of new technologies, changing lifestyle and growing adoption by corporates to simplify their daily tasks. Furthermore, the increasing adoption of machine learning and the addition of machine learning into the mobile applications is also responsible for the growth of mobile application development market. The Mobile Application Development market is highly competitive due to the increase in web based applications and Government funding towards secured centrally connected systems.
The increasing competition and the demand for high quality application testing are boosting the market growth of Mobile Application Development. Moreover, the companies are investing into research and development to come up with new solutions for the consumers. Emerging innovations in mobile the mobile industry are prompting the advancements in mobile applications.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1752
Major 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)
Globally the market for Mobile App Development market is expected to grow at the rate of more than 14% from 2016 to 2022.
Industry News
Sept 20, 2017 – Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, has announced its partnership with Niki.ai, a FinTech start-up that offers chat based commerce solutions. With this partnership, Finacle solution suite will be available with Niki.ai’s chat-based virtual assistant – Niki. This offering will enable banks to offer its customers a virtual banking assistant for shopping products and services using mobile applications.
April 19, 2016 – Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has announced that it has fortified its partnership with Udacity, a global online education company, for the second consecutive year. The joint endeavor, aimed at accelerating the pace of skill adoption in new technologies and industry skills and help in the mobile application development.
Browse Full Report @ https://www.marketresearchfuture.com/reports/mobile-app-development-market
Regional Analysis
North-America is dominating the Global Mobile Application Development Market with the largest market share and is expected to grow over its previous growth records by 2022. This is due to the increasing adoption of new solutions, changing lifestyle and increasing consumer preference for smartphones. Mobile Application Development Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2016 to 2022 due to rapid technological advancements and China being the manufacturing hub. The European market for Mobile Application Development Market is expected to grow at a considerable CAGR (2016-2022). This is due to rise in IT technology and growing population which is increasing the demand for smartphones and tablets in the region.
Market Segmentation
Segmentation by Platform : Comprises IOS, and Android
Segmentation by Application: Comprises Entertainment (Gaming and media), banking, retail, airlines, e-commerce, education, government agencies and social networking among others.
Segmentation by Regions : Comprises Geographical regions – North America, Europe, Asia-Pacific and Rest of the World.
Target Audience:
- Mobile application providers
- Entertainment industry
- Education industry
- Research and consulting firms
- Small and large enterprises
- Government agencies
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Media Contact
Company Name: Market Research Future
Contact Person: Akash Anand
Email: akash.anand@marketresearchfuture.com
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/mobile-app-development-market-1752