Asia Pacific Mobile Application Market Size & Outlook
Asia Pacific mobile application market, 2018-2030 (US$M)
Related Markets
Asia Pacific mobile application market highlights
- The Asia Pacific mobile application market generated a revenue of USD 75,139.4 million in 2023.
- The market is expected to grow at a CAGR of 15.3% from 2024 to 2030.
- In terms of segment, apple store was the largest revenue generating store type in 2023.
- Google Store is the most lucrative store type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 75,139.4 million |
| Market revenue in 2030 | USD 204,021.2 million |
| Growth rate | 15.3% (CAGR from 2023 to 2030) |
| Largest segment | Apple store |
| Fastest growing segment | Google Store |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Google Store, Apple Store |
| Key market players worldwide | Alphabet Inc Class A, Apple Inc, Microsoft Corp, Amazon.com Inc, Vivendi SE, Netflix Inc, Ubisoft Entertainment, Xiaomi Corp Class B, Practo, Cult.fit |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.8% of the global mobile application market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 204,021.2 million by 2030.
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Mobile Application Market Scope
Mobile Application Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific mobile application market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mobile application market will help companies and investors design strategic landscapes.
Apple store was the largest segment with a revenue share of 65.34% in 2023. Horizon Databook has segmented the Asia Pacific mobile application market based on google store, apple store covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific mobile application market is the fastest-growing market, driven by a massive and diverse user base, rapid urbanization, and increasing smartphone adoption. The region includes some of the world’s largest and most dynamic application markets, such as China, India, and Japan. Key drivers in the market include the rapid increase in smartphone and internet penetration, especially in emerging economies.
The young, tech-savvy population in countries such as India and Southeast Asian nations fuels the demand for a wide variety of applications, from entertainment and social networking to online education and e-commerce.
The region’s strong focus on digital innovation and technology adoption, supported by government initiatives such as Digital India and China’s Internet Plus, further propels market growth. Moreover, the economic growth and rising disposable incomes in many Asia Pacific countries are boosting consumer spending on digital services.
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Target buyers of Asia Pacific mobile application market databook
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Our clientele includes a mix of mobile application market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mobile application market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mobile application market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific mobile application market size, by country, 2018-2030 (US$M)
Asia Pacific Mobile Application Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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