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Mrrse
www.mrrse.com/
Alok Kumar
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15187300559
State Tower, 90 State Street, Suite 700,
Albany NY

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Global Mobile Application Market Assessment & Opportunity Analysis Recorded for 2016 – 2026
A good proportion of these countries are mobile first or mobile only providing limitless opportunities to companies actively involved in the global mobile application market.

BriefingWire.com, 5/18/2018 - The market for Mobile Application Market growing with the expansion of this Industry Sector Worldwide. Market Research Report Search Engine (MRRSE) has added a new report titled “Mobile Application Market: Close Fight Between Eastern Europe and Latin America for the Number Two Position in Terms of CAGR: Global Industry Analysis and Opportunity Assessment 2016 – 2026”which offer details about the current trends as well as scope for the near future. This research study also covers information about the production and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the concerned Mobile Application Market is highlighted in the report which indicates a prosperous future.

Obtain Brochure for Latest Technology Advancements @ www.mrrse.com/sample/3051

APEJ should retain its leadership crown in the global mobile application market throughout the forecast period

APEJ is a highly populous, fast growing region that includes dynamic economies such as China, India, Singapore, Thailand, Indonesia and Australia. A good proportion of these countries are mobile first or mobile only providing limitless opportunities to companies actively involved in the global mobile application market. While China is currently the largest market at roughly $7 Billion according to 2016 data, India is anticipated to catapult ahead during the later half of the forecast period and register an astounding CAGR of 24.7%. All other markets in the region are only predicted to show single digit CAGR growth, making India the El Dorado that mobile application market companies would do well to target. By the year 2026, revenue from the India mobile application market is estimated to be nearly $3 Billion more than China, the second largest market.

Google Play trumps the Apple App Store in APEJ

The Apple App Store is dominant in affluent regions of the world such as North America and Western Europe. However, it is nowhere near the Google Play Store in the APEJ region. Revenue from the Apple App Store in the APEJ mobile application market was close to $5 Billion in 2016, while Google Play recorded a revenue of around $8 Billion in the same year. By the year 2026, this chasm should become even more markedly pronounced with a revenue difference of nearly $10 Billion in favour of Google Play. The CAGR of the Google Play segment for the forecast period is predicted to be 12.4%.

Games has the maximum revenue while Travel shows the maximum growth in the APEJ mobile application market

By end use, Games will account for a lion’s share of revenue in the APEJ mobile application market, reaching a valuation of close to $18 Billion in the year 2026 from roughly $6 Billion in 2016, i.e. a CAGR of 11.4%. However, travel will record a substantially higher CAGR of 15% during the forecast period in the APEJ mobile application market.   

Obtain Report Details @ www.mrrse.com/global-mobile-application-market

Japan will remain the smallest market but one in which mobile gaming is strong

Japan is a nation well-known for its economic strength, highly developed mobile infrastructure and being home to a population that is almost always on the bleeding edge of technology. Even with a relatively small population especially when compared to North America or APEJ, a CAGR of 6.8% for the decade can be expected, leading to a revenue of a little over $3 Billion.

 
 
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