Market Overview:
The global mobile app stores market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mobile apps and the growing trend of BYOD (Bring Your Own Device). In addition, the increasing penetration of smartphones and tablets is also contributing to the growth of this market. The global mobile app stores market can be segmented on the basis of type into pay and free apps. The pay apps segment is expected to grow at a higher CAGR than the free apps segment during the forecast period from 2018 to 2030. This can be attributed to factors such as increased spending on mobile applications and rising awareness about paid applications among consumers. On the basis of application,the global mobile app stores market can be divided intomobile phone applicationsand computer applications .
Product Definition:
A mobile app store is a type of digital distribution platform for mobile apps. Mobile app stores are operated by mobile operating system developers, such as Apple Inc. and Google, or by third-party retailers, such as the Amazon Appstore.
The importance of Mobile App Stores is that they provide a convenient way for users to find and download apps for their devices. They also offer a variety of payment options, including in-app purchases and subscription models. Additionally, many Mobile App Stores offer ratings and reviews from other users to help inform purchasing decisions.
Pay:
Pay is an innovative payment solution that enables users to make payments through mobile applications. The service was launched in 2010 and has gained significant traction over the years owing to its ease of use, security and speed. It also helps in reducing frauds as it provides a secure way of making online payments.
Free:
Free is a cost-free or paid zero price application. It has no upfront costs and it's completely free of charge. The only condition is that the app must provide some value to users in order to justify the absence of a price tag.
Application Insights:
The mobile phone application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the increasing usage of smartphones and tablets across the globe. Furthermore, companies are investing more in developing their mobile applications to improve customer engagement and increase revenues. For instance, Facebook Inc., Twitter, Inc., LinkedIn Corporation, YouTube LLC are some popular smartphone apps that have millions of active users every day. These types of app stores offer a wide range of mobile apps with different categories including messaging & social networking (Facebook), entertainment (YouTube), business & financial services (LinkedIn) and games (Google Play).
The computer application segment is expected to witness significant growth over the forecast period owing to increased use of internet-connected devices such as smart TVs, smartwatches etc. across households globally. Moreover, companies such as Microsoft Corporation; Google LLC; Amazon Technologies Inc.; Samsung Electronics Co., Ltd.; Huawei Technologies Co., Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to increasing smartphone penetration and growing adoption of mobile apps. China, Japan, and India are some of the countries that contributed significantly to regional growth. In addition, these countries have a large number of local developers who create new apps for their respective categories on daily basis which drives regional growth further.
North America is also anticipated to witness significant growth over the forecast period owing to increased spending by companies on developing mobile apps for their business operations and consumer experience improvement initiatives undertaken by them using mobiles devices across U.S.
Growth Factors:
- Increasing demand for mobile apps: The increasing demand for mobile apps is one of the key growth drivers for the global mobile app stores market. This is because a large number of people are now using smartphones and tablets, which has led to an increase in the demand for mobile apps.
- Proliferation of smartphones and tablets: The proliferation of smartphones and tablets is another key growth driver for the global mobile app stores market. This is because a large number of people are now using these devices, which has led to an increase in the demand for mobile apps.
- Rising adoption of m-commerce: The rising adoption of m-commerce is another key growth driver for the global mobile app stores market. This is because a large number if people are now using their smartphones and tablets to shop online, which has led to an increase in th edemandformobileapps that facilitatem-commerce transactions .
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile App Stores Market Research Report
By Type
Pay, Free
By Application
Mobile phone, Computer
By Companies
Google, Appple, Sumsung, SlideME, Amazon, Mobile, Mobile9, Opera Mobile, Mobango, F-droid
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Mobile App Stores Market Report Segments:
The global Mobile App Stores market is segmented on the basis of:
Types
Pay, Free
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mobile phone, Computer
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Appple
- Sumsung
- SlideME
- Amazon
- Mobile
- Mobile9
- Opera Mobile
- Mobango
- F-droid
Highlights of The Mobile App Stores Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pay
- Free
- By Application:
- Mobile phone
- Computer
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile App Stores Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile App Stores are a type of online store that sells mobile apps. They allow users to browse and purchase apps, as well as read reviews and compare ratings.
Some of the major players in the mobile app stores market are Google, Appple, Sumsung, SlideME, Amazon, Mobile, Mobile9, Opera Mobile, Mobango, F-droid.
The mobile app stores market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile App Stores Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Mobile App Stores Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mobile App Stores Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Mobile App Stores Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Mobile App Stores Market Size & Forecast, 2020-2028 4.5.1 Mobile App Stores Market Size and Y-o-Y Growth 4.5.2 Mobile App Stores Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pay
5.2.2 Free
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mobile phone
6.2.2 Computer
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile App Stores Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mobile App Stores Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pay
9.6.2 Free
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mobile phone
9.10.2 Computer
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pay
10.6.2 Free
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mobile phone
10.10.2 Computer
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pay
11.6.2 Free
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mobile phone
11.10.2 Computer
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pay
12.6.2 Free
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mobile phone
12.10.2 Computer
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pay
13.6.2 Free
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mobile phone
13.10.2 Computer
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mobile App Stores Market: Competitive Dashboard
14.2 Global Mobile App Stores Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 Appple
14.3.3 Sumsung
14.3.4 SlideME
14.3.5 Amazon
14.3.6 Mobile
14.3.7 Mobile9
14.3.8 Opera Mobile
14.3.9 Mobango
14.3.10 F-droid