Market report

Mobile app development market

Author
Published
Apr 14, 2023
Length
33 pages
Mobile app development market

Intro

The steadily rising number of smartphone users worldwide means one thing: the mobile application market is showing double-digit growth on par with it.

While global trends are more or less universal, the industry’s state still varies depending on the local market. Development costs, the startup climate, and smartphone user preference in the United Kingdom, for example, may differ from Switzerland.

If you are preparing to develop or grow your mobile app startup, you’ll need a comprehensive overview and outlook of the mobile app industry on a global and local scale. To provide this information, we at S-PRO have studied several hundred-page reports and surveys to summarize them in this report.


Key findings and insights from the
market report

01
5G will drive IoT, mobile games & streaming

The mobile AR market is set to exceed $36 billion by 2026. With AR devices growing from 600 million to 1.74 billion by then, AR apps will expand in gaming, social networking, and online shopping.

02
ML & AI keep shaping app development

ML and AI are driving innovation with predictive analytics, personalization, voice assistants, and chatbots. As these technologies advance, they will continue to improve virtual assistants and conversational UIs.

03
AR apps will significantly grow

The mobile AR market is set to exceed $36 billion by 2026. With AR devices growing from 600 million to 1.74 billion by then, AR apps will expand in gaming, social networking, and online shopping.

04
Security & privacy are top priorities

Around 49% of smartphone users are highly concerned about data security and financial fraud. Privacy transparency will continue to shape app development.


What’s inside

Discover everything you need to know about the state of the mobile app industry, both worldwide and in Switzerland and the UK.
  • Cover
  • Introduction
  • Mobile app development market in 2022
  • App development in Switzerland: Industry overview
  • App development in UK: Industry overview
  • App development in Switzerland: Industry outlook (2023-2027)
  • App development in UK: industry outlook (2023-2027)
  • 7 Leading mobile app development companies in the UK & Switzerland
  • Mobile app development trends
  • Summary
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