The mobile application market is driven by a remarkable increase in internet usage, particularly in emerging economies. This widespread adoption of smartphones and internet connectivity is fuelling the demand for mobile apps across various sectors.
“According to SNS Insider's latest research, The Mobile Application Market was valued at US$ 235 billion in 2023 and is projected to reach over US$ 783.3 Billion by 2032 with an increasing CAGR of 14.33% over the forecast period of 2024-2032.”