Global Mobile Applications Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Apple App Store, Google Play Store, and Others

By Business Models;

Native Or On Deck and Third Party Or Off Deck

By Platform;

IOS Applications and Android Applications

By Revenue Model;

Freemium Model and Subscription-Based Model

By Applications;

Games, Social Networking, Books, Entertainment, Business & Finance, Lifestyle, Productivity, Travel, Navigation, Utilities, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn175056159 Published Date: May, 2025 Updated Date: June, 2025

Mobile Applications Market Overview

Mobile Applications Market (USD Million)

Mobile Applications Market was valued at USD 274,951.52 million in the year 2024. The size of this market is expected to increase to USD 671,281.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.6%.


Global Mobile Applications Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 13.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)13.6 %
Market Size (2024)USD 274,951.52 Million
Market Size (2031)USD 671,281.13 Million
Market ConcentrationLow
Report Pages345
274,951.52
2024
671,281.13
2031

Major Players

  • Hewlett Packard Enterprise Development LP
  • Cognizant
  • Intellectsoft US
  • Verbat Technologies
  • International Business Machines Corporation
  • Apple Inc.
  • Microsoft Corporation
  • China Mobile Limited
  • CA Technologies, Inc.
  • Google LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Mobile Applications Market

Fragmented - Highly competitive market without dominant players


The Mobile Applications Market is undergoing rapid transformation, fueled by expanding smartphone usage and internet access. With more than 85% of users relying on mobile devices, app demand has surged across communication, e-commerce, and utility categories. Enhanced accessibility and the availability of cross-platform development tools have made mobile apps essential in daily life, accelerating market momentum.

Innovation Through Smart Technologies
The integration of AI, AR, and machine learning is redefining how mobile apps function and deliver value. Around 60% of new applications feature capabilities like smart recommendations, voice assistants, and immersive experiences. These technologies are improving user interaction and satisfaction, especially in sectors such as gaming, education, and health monitoring.

Growth in Digital Transactions
Mobile applications are becoming central to digital spending behavior, with over 70% of app revenue now originating from in-app purchases and subscriptions. Services in entertainment, wellness, and e-learning are thriving under this model. Secure payment gateways and one-click checkouts are further supporting this monetization trend across various app ecosystems.

Business-Centric Mobile Solutions
Enterprises are increasingly investing in custom mobile applications to enhance internal processes, customer engagement, and field operations. As much as 45% of businesses now implement mobile-first strategies to boost productivity and remote collaboration. These tailored apps are streamlining operations and offering competitive advantages through real-time analytics and automation.

Security-First Development Approaches
Amid rising concerns over data protection, developers are embedding robust security features in app architecture. Nearly 65% of new apps now integrate regulatory compliance protocols, encryption tools, and multi-layered security frameworks. This focus on secure and compliant development is strengthening consumer trust, particularly in sectors with sensitive data like finance and healthcare.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Business Models
    3. Market Snapshot, By Platform
    4. Market Snapshot, By Revenue Model
    5. Market Snapshot, By Applications
    6. Market Snapshot, By Region
  4. Mobile Applications Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing smartphone penetration worldwide
        2. Rise in mobile commerce and payments
        3. Demand for entertainment and streaming apps
        4. Increased enterprise mobility adoption
      2. Restraints
        1. High competition in app marketplaces
        2. User retention and engagement challenges
        3. Platform fragmentation complicating development
        4. Security concerns in mobile ecosystems
      3. Opportunities
        1. Growth in AR and VR applications
        2. Expansion of mobile health and wellness apps
        3. Monetization through subscription-based models
        4. Emergence of AI-driven personal assistants
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Mobile Applications Market, By Type, 2021 - 2031 (USD Million)
      1. Apple App Store
      2. Google Play Store
      3. Others
    2. Mobile Applications Market, By Business Models, 2021 - 2031 (USD Million)

      1. Native Or On Deck

      2. Third Party Or Off Deck

    3. Mobile Applications Market, By Platform, 2021 - 2031 (USD Million)
      1. IOS Applications
      2. Android Applications
    4. Mobile Applications Market, By Revenue Model, 2021 - 2031 (USD Million)
      1. Freemium Model
      2. Subscription-Based Model
    5. Mobile Applications Market, By Applications, 2021 - 2031 (USD Million)
      1. Games
      2. Social Networking
      3. Books
      4. Entertainment
      5. Business and Finance
      6. Lifestyle
      7. Productivity
      8. Travel
      9. Navigation
      10. Utilities
      11. Others
    6. Mobile Applications Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hewlett Packard Enterprise Development LP
      2. Cognizant
      3. Intellectsoft US
      4. Verbat Technologies
      5. International Business Machines Corporation
      6. Apple Inc.
      7. Microsoft Corporation
      8. China Mobile Limited
      9. CA Technologies, Inc.
      10. Google LLC
  7. Analyst Views
  8. Future Outlook of the Market