New research out from Global Industry Analysts, Inc. suggests the global market for mobile software will reach an impressive $79.7B by 2017.
Building on historical trends, Asia-Pacific will remain the most prominent regional market for mobile software. Growth in the Asia-Pacific mobile software market is particularly driven by the continued craze for smartphones and other mobile devices in emerging markets such as China and India. Increased demand for mobile email and other Internet-enabled services within the burgeoning corporate sector in these countries also augurs well for the market according to the research.
The massive valuation is attributed largely by the worldwide growth of smartphones and the many applications and services they now support, according to the report. “Top consumer mobile applications for upcoming years, including Location-Based Services, Money Transfer, Mobile Browsing, Mobile Health Monitoring, Mobile Search, Near Field Communication Services, Mobile Payment, Mobile Instant Messaging, Mobile Advertising and Mobile Music are all expected to drive present substantial market opportunities for the mobile software market in the years to come,” the research firm said in a press release. “Location based services such as Location Enabled Search and Location based Social Network Services in particular are expected to increase in popularity over the next few years, thereby driving gains into the market.”
Image credit: Felinar
In this article
- Announcements
- Mobile Apps
- Mobile Commerce
- Mobile Devices
- Mobile Location
- Mobile News
- Mobile Payments
- Mobile Search
- Mobile Software
- Mobilize
- Near Field Communication
- Predictions
- Smartphones
- Asia-Pacific
- Global Industry Analysts Inc.
- LBS
- Location based services
- mHealth
- Mobile Advertising
- mobile applications
- Mobile Apps
- Mobile Commerce
- Mobile Marketing
- mobile messaging
- Mobile Music
- Mobile Payments
- mobile platforms
- mobile research
- Mobile Search
- mobile services
- Mobile Software
- mobile software market
- NFC
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[…] anticipated rampant growth in mobile-friendly markets corresponds with new research from Global Industry Analysts, Inc., which similarly suggests that the global market for mobile software will reach an impressive $79.7 […]
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[…] anticipated rampant growth in mobile-friendly markets corresponds with new research from Global Industry Analysts, Inc., which similarly suggests that the global market for mobile software will reach an impressive $79.7 […]
Mobile Ad Spend and Mobile Web Usage Surging in Brazil, Russia, India and China
[…] anticipated rampant growth in mobile-friendly markets corresponds with new research from Global Industry Analysts, Inc., which similarly suggests that the global market for mobile software will reach an impressive $79.7 […]
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[…] anticipated rampant growth in mobile-friendly markets corresponds with new research from Global Industry Analysts, Inc., which similarly suggests that the global market for mobile software will reach an impressive $79.7 […]