In today's world, mobile app developers often rely on cloud service providers for backend infrastructure. This enables them to concentrate on developing innovative features and functionality without the burden of managing scalability, security, or reliability. The growing reliance on smartphones for banking services is a key factor fueling the demand for mobile app development platforms within the banking, financial services, and insurance (BFSI) sectors.
Frequently Asked Questions
The market is segmented based on Segmentation, By Categories (Gaming and Non-Gaming), Platform (iOS, Android, and Windows), End-User (Banking, Retail, Airlines, Media, Education, Transport, Hotels and Restaurant, and Government) – Industry Trends and Forecast to 2031
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The Global Mobile Application Development Market size was valued at USD 3.81 USD Billion in 2023.
The Global Mobile Application Development Market is projected to grow at a CAGR of 15.12% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
