Middle East & Africa Mobile Application Market Size & Outlook
Middle East & Africa mobile application market, 2018-2030 (US$M)
Related Markets
MEA mobile application market highlights
- The MEA mobile application market generated a revenue of USD 12,448.1 million in 2023.
- The market is expected to grow at a CAGR of 9.6% 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.
MEA data book summary
| Market revenue in 2023 | USD 12,448.1 million |
| Market revenue in 2030 | USD 23,575.7 million |
| Growth rate | 9.6% (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, MEA region accounted for 5.4% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Mobile Application Market Scope
Mobile Application Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 60.48% in 2023. Horizon Databook has segmented the Middle East & Africa mobile application market based on google store, apple store covering the revenue growth of each sub-segment from 2018 to 2030.
The mobile application market in the Middle East & Africa (MEA) is expected to be driven by increasing smartphone penetration and improving internet connectivity in the region. The rapid adoption of smartphones across the MEA region has expanded the user base for mobile applications.
The region is experiencing a significant rise in smartphone ownership, creating a larger market for app developers. Moreover, advancements in internet infrastructure, including the expansion of 4G and the rollout of 5G networks, are enhancing mobile connectivity and enabling the use of data-intensive applications.
According to the Ericsson Mobility Report by Telefonaktiebolaget LM Ericsson published in June 2023, over 10 countries have launched commercial 5G networks in the region, and the share of 5G subscriptions is expected to reach 13% by 2028.
Reasons to subscribe to Middle East & Africa mobile application market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa mobile application market databook
-
Our clientele includes a mix of mobile application market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Middle East & Africa mobile application market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mobile application market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA mobile application market size, by country, 2018-2030 (US$M)
Middle East & Africa Mobile Application Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
