Mobile Application Market Mobile Application Market | Page 3

P e r s i s t e n c e M a r k e t R e s e a r c h

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Among regions , North America is expected to dominate the overall global commercial refrigeration equipment market over the forecast period . Sales of commercial refrigeration equipment in North America is projected to increase from US $ 7,960.7 Mn in 2015 to US $ 12.54 Bn by 2026 . Growing Asian economies such as China and India are expected to witness relatively faster growth during the forecast period . The China commercial refrigeration equipment market is expected to grow with the highest value CAGR of 8.2 % in the forecast period . The market in Asia Pacific excluding China is expected to register a relatively high CAGR of 5.3 % throughout the period 2016-2026 .
The global mobile application market is segmented on the basis of Store Type ( Apple App Store , Google Play , Others ); End Use ( Games , Social Networking , Healthcare , Books , Music , Productivity , Education , Entertainment , News , Photos and Videos , Navigation , Travel , Business , Others ); and Region ( North America , Latin America , Europe , Asia Pacific , and Middle East & Africa ).
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The Apple App store segment is estimated to account for a revenue share of 47.2 % in 2016 . The Google Play segment is anticipated to reach a market valuation of US $ 17.22 Bn by the end of 2016 and this is expected to increase to US $ 43.53 Bn by 2024 end , registering a CAGR of 10.8 % over the forecast period . The Games end use segment is estimated to be valued at US $ 18.45 Bn by the end of 2016 and this is expected to increase to US $ 43.99 Bn by 2024 , witnessing a CAGR of 11.7 % over the forecast period . As compared to the other segments , the Games segment is expected to exhibit a relatively high attractiveness index over the forecast period .
Among regions , APAC is estimated to be the largest market for mobile applications throughout the forecast period . The APAC mobile application market is estimated to be valued at US $ 15.94 Bn by the end of 2016 and is expected to increase to a market value of US $ 41.97 Bn by 2024 , registering a CAGR of 10.6 % between 2016 and 2024 . The North America mobile application market is estimated to account for a revenue share of 21.0 % in 2016 .
Global Mobile Application Market 2016-2026