DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/szcg97/mobile) has announced the addition of the "Mobile Applications Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
Mobile apps have been witnessing strong demand in the last few years and with the growing usage of internet based services globally, the demand for online mobile apps is expected to rise significantly. However, the significant advantages of mobile websites over the mobile apps can pose a threat tot the growth of the market.
The Games and entertainment category dominated the global mobile applications market with the highest revenue share in 2013. This was primarily due to the highest numbers of downloads by users and demand for mobile entertainment apps such as online music in this category. Penetration of smartphones is majorly seen between the age group of 15 - 40 years. This boosts the demand for mobile apps in the games and entertainment category. Additionally, there are large numbers of mobile gaming apps and mobile entertainment apps available. This substantially encourages the adoption of mobile apps in games and entertainment across the globe. Thus, games and entertainment category is expected to remain dominant in the global mobile applications market in coming years.
In 2013, North America accounted for the largest share of around 34% of the global mobile applications market. This was due to the high penetration of smartphones and other handheld devices in the region. Asia Pacific is expected to remain the fastest growing regional market for mobile applications. Countries such as China, India, South Korea, Australia and others account for large population, thereby boosting the penetration of smartphones and other mobile devices in the region. Due to this, Asia Pacific is expected to remain dominant in the global mobile applications in terms of revenue over the forecast period.
Key Topics Covered
- Executive Summary
- Mobile Applications Market Overview
- Global Mobile Applications Market Revenue, by Store Type
- Global Mobile Applications Market Revenue, by Application Category
- Global Mobile Applications Market Revenue, by Geography
- OpenXcell Tehnolabs
- QBurst, Sourcebits
- Softeq Development
- WillowTree Apps
- Y Media Labs
For more information visit http://www.researchandmarkets.com/research/szcg97/mobile