Mobile Application Market Statistics – 2026
The global mobile application market size was valued at $106.27 billion in 2018, and projected to reach $407.31 billion by 2026, growing at a CAGR of 18.4% from 2019 to 2026. Mobile applications are the different types of software applications that are designed to run on various smartphones, tablets, and computer tablets. Mobile applications frequently serve to provide users with similar services to those accessed on PCs. The primary goal of mobile application is to help users to connect them to internet services by enabling them to use the internet on their portable devices.
So, does every business need a Custom App?
Well, everyone you know owns a Smart Phone right?
It is with this same Smart Phone that they call, SMS, ReTweet and Purchase their favourite items from right?
There you have it.
There are almost 8 billion humans on earth, according to the March 2022 Mobile User Statistics.
Discover the Number of Phones in The World & Smartphone Penetration by Country or Region.
In 2022, the number of smartphone users in the world today is 6.648 Billion, which translates to 83.72% of the world’s population owning a smartphone. In total, the number of people that own a smart and feature phone is 7.26 Billion, making up 91.54% of the world’s population.