#Mobile_Application_Market to See Strong Expansion Through 2028

Stratview Research delivers key insights on the Global Mobile Application Market. According to Stratview Research, the market is segmented by Store (Google Store, Apple Store, Others), by Application (Gaming, Music & Entertainment, Health & Fitness, Social Networking, Retail & e-Commerce, Others), and Region.
Market Insights
The report suggests that the overall Mobile Application Market was estimated to grow from USD 183.45 billion in 2021 to USD 434.33 billion by 2028 at a CAGR of over 13.1% during the forecast period.
Market Segments' Analysis
Store Type
The market has been classified into google store, apple store, and others. Under these, the apple store segment held a significant market share of >61% in 2021.
Application Type
The market has been classified Gaming, Music & Entertainment, Health & Fitness, Social Networking, Retail & e-Commerce, Others. Under these, the gaming segment held a significant market share of more than 42% in 2021.
Regional Analysis
The North American market held the highest market share of more than 31% in 2021 and is projected to grow at a healthy CAGR in the coming years.
Key Players
The following are some of the key players in the mobile application market:
• Gameloft SE (France)
• Netflix Inc.,
• Practo (India)
• Cure. fit (India)
• Xiaomi Corp (China)
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for mobile application market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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