North America Mobile Application Market Size & Outlook
North America mobile application market, 2018-2030 (US$M)
Related Markets
North America mobile application market highlights
- The North America mobile application market generated a revenue of USD 72,903.8 million in 2023.
- The market is expected to grow at a CAGR of 13.9% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 72,903.8 million |
| Market revenue in 2030 | USD 181,003.7 million |
| Growth rate | 13.9% (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, North America region accounted for 31.8% 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 |
|---|
North America 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 62.23% in 2023. Horizon Databook has segmented the North America mobile application market based on google store, apple store covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the mobile application market in North America can be attributed to several factors, including high smartphone penetration, technological advancements, and growing demand for mobile commerce in the region.
North America has one of the highest smartphone penetration rates globally, providing a large user base for mobile applications. The well-established network of high-speed internet and advanced mobile network infrastructure in the region also supports the use of data-intensive mobile applications, thereby driving the mobile application market.
Consumers with higher disposable income are more likely to spend on premium features, in-app purchases, and subscriptions. Higher spending on mobile applications for premium features and subscriptions allows developers to invest in higher-quality content and innovation.
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Our clientele includes a mix of mobile application market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America mobile application market , including forecasts for subscribers. This continent databook contains high-level insights into North America mobile application market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America mobile application market size, by country, 2018-2030 (US$M)
North America Mobile Application Market Outlook Share, 2023 & 2030 (US$M)
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