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