Mobile App Development Market is projected to grow USD 988.50 billion by 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Mobile App Development Market” that contains information from 2019 to 2035. 

The Mobile App Development Market is estimated to register a CAGR of 23.80% during the forecast period of 2025 to 2035.

MRFR recognizes the following companies as the key players in the Global Mobile App Development Market — Google LLC, Apple Inc., Microsoft Corporation, Facebook Inc., Amazon Inc., IBM Corporation, Kony Inc., Verivo Software Inc., Infosys Ltd., and Wipro Corporation.

Mobile App Development Market Highlights

The Global Mobile App Development Market is accounted for to register a CAGR of 23.80% during the forecast period and is estimated to reach USD 988.50 billion by 2035.

This growth is primarily fueled by the rising global penetration of smartphones, widespread internet connectivity, and the increasing adoption of innovative app concepts that cater to modern consumer lifestyles. The market continues to evolve with the growing demand for personalized user experiences, driven by advancements in artificial intelligence (AI), machine learning (ML), and cross-platform development tools.

The surge in mobile gaming popularity, on-demand app services, and AI-driven app functionalities is reshaping the mobile ecosystem. As mobile technology becomes more integrated into everyday life, businesses are increasingly investing in app-based engagement strategies to enhance accessibility, customer loyalty, and revenue generation.

Additionally, the emergence of no-code and low-code development platforms is democratizing app creation, enabling startups and enterprises alike to accelerate innovation cycles. Increasing consumer dependence on mobile platforms for e-commerce, entertainment, health, and banking applications further amplifies market growth.

Segment Analysis

The Global Mobile App Development Market has been segmented based on Platform, Application, and Region.

·       Based on Platform, the market has been segmented into iOS and Android. The iOS segment dominated the market in 2021, accounting for over 62.88% of global revenue. This dominance is attributed to iOS’s superior monetization rate through premium app purchases and in-app transactions. However, the Android segment is projected to grow rapidly during the forecast period due to its open-source ecosystem and extensive global user base.

·       Based on Application, the market has been segmented into E-commerce, Banking, and Entertainment.
The Entertainment segment led the market in 2021 with a 42.94% revenue share, driven by the exponential rise in mobile gaming and streaming applications. The segment is expected to sustain its dominance through 2035 as AR/VR integration and immersive content formats gain traction globally.

Region Analysis

By Region, the Mobile App Development Market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

·       North America held a significant market share in 2021, driven by the presence of key players such as Apple, Google, and Microsoft, alongside high smartphone adoption and app-based spending patterns.

·       Asia-Pacific is projected to emerge as the fastest-growing region over the forecast period, supported by a booming smartphone user base, affordable internet connectivity, and rapid digitalization in emerging economies like India and China. Government initiatives such as Digital India and expanding 5G networks are accelerating mobile app adoption across diverse sectors.

·       Europe maintains the third-largest market share, benefitting from high mobile connectivity, rising enterprise app adoption, and the growing influence of IoT-enabled mobile applications.

Key Findings of the Study

• The Global Mobile App Development Market is expected to reach USD 988.50 billion by 2035, at a CAGR of 23.80% during the forecast period.


• Asia-Pacific is projected to be the fastest-growing region in the global market.


• Based on Platform, the iOS segment accounted for the largest market share in 2024.


• Based on Application, the Entertainment segment dominated the market in 2024.


• Major players such as Google LLC, Apple Inc., Microsoft Corporation, Facebook Inc., Amazon Inc., IBM Corporation, Infosys Ltd., and Wipro Corporation are actively shaping the market landscape through innovation and strategic collaborations.

Related Reports

https://www.marketresearchfuture.com/reports/mobile-app-development-market-1752