UK Mobile Application Market Size & Outlook, 2023-2030
UK mobile application market, 2018-2030 (US$M)
Related Markets
UK mobile application market highlights
- The UK mobile application market generated a revenue of USD 12,664.2 million in 2023 and is expected to reach USD 32,860.0 million by 2030.
- The UK market is expected to grow at a CAGR of 14.6% 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.
Mobile application market data book summary
| Market revenue in 2023 | USD 12,664.2 million |
| Market revenue in 2030 | USD 32,860.0 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Apple store |
| Fastest growing segment | Google Store |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 5.5% of the global mobile application market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK mobile application market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 32,860.0 million by 2030.
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Mobile Application Market Scope
Mobile Application Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 61.63% in 2023. Horizon Databook has segmented the UK mobile application market based on google store, apple store covering the revenue growth of each sub-segment from 2018 to 2030.
The U.K. mobile application market is driven by high smartphone penetration and advanced digital infrastructure. Consumers in the U.K. have a strong preference for entertainment and social networking apps, with a growing trend toward health and fitness applications, especially post-COVID-19.
Market opportunities are abundant in the financial technology sector, with mobile banking and investment apps seeing significant adoption. The U.K. also boasts a robust application development ecosystem, supported by a strong tech industry and numerous startup incubators.
Trends in the U.K. market include the rise of subscription-based models and the increasing use of AI and machine learning to enhance user experience and personalization. Privacy concerns and regulatory compliance, particularly with GDPR, are critical considerations for developers.
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Target buyers of UK 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 country-level data and insights on the UK mobile application market , including forecasts for subscribers. This country databook contains high-level insights into UK mobile application market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK mobile application market size, by store type, 2018-2030 (US$M)
UK Mobile Application Market Outlook Share, 2023 & 2030 (US$M)
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