Mobile applications have become an important part of our daily lives, transforming how we perform a wide range of activities. For example, with a click of a button on your mobile device, you can shop, bank, play a casino game, book a hotel room, and monitor your health, among other activities. Additionally, the increased use of smartphones and the internet have helped the mobile application market to grow exponentially. Reports suggest that the number of mobile users globally will reach 7.33 billion in 2023.
But, as the mobile application market grows, certain categories are dominating the market more than others. Here are the mobile application categories that are conquering the market:
Social media apps are arguably the most popular mobile applications in the market. According to reports, the global social media apps market is worth around USD 49.09 billion. The reports also suggest the industry will experience a 26.2% compound annual growth rate (CAGR).
Instagram is regarded as the most popular in terms of daily usage, with 39% of social media users using the app daily. Other trendy social media apps include TikTok, Twitter, Facebook, and Yelp.
Entertainment apps like video streaming, gaming, and music are also very popular in the global mobile app market. Various reports suggest that music and entertainment apps will grow at a CAGR of 14% between 2023 and 2030. Some popular entertainment apps include Hulu, Netflix, and Disney.
The gaming industry has also staked its claim in the mobile application sector. For instance, mobile casino apps are increasingly becoming popular. Gamers have shown more interest in top online casinos like australiainternetpokies.com , which offer online games, such as pokies, baccarat, and poker. Additionally, the apps offer an amazing gaming experience thanks to technological advances.
Productivity apps are also among the trendiest in the market. These apps are designed to help users manage their time, projects, and tasks more efficiently. For instance, the App Store lists top iPhone apps such as ChatAi Unlimited – Ai Client, Things 3, and Forest: Focus for Productivity. These apps can take notes, schedule tasks, and manage projects.
In the current era, eCommerce apps have become very popular. Industry experts project that the eCommerce apps market will experience a 9.6% CAGR by 2027. The experts also claim that online shopping apps on mobile devices are becoming increasingly popular.
Amazon Shopping, Alibaba, and eBay are among the most popular eCommerce apps. The popularity of eCommerce apps has helped mobile payment apps become more popular. Popular mobile payment apps include PayPal, Samsung Pay, Amazon Pay, and Google Pay.
Education apps are also becoming increasingly popular in the mobile application sector. Reports suggest that the global education app market size was estimated at USD 6.48 billion in 2021. The reports also claim that the market is projected to experience a CAGR of 28.61% between 2022 and 2027.
Some of the trendiest education apps include Google Classroom, Duolingo, Quizlet, and Kahoot. Studies revealed that users are mostly interested in using the apps to learn languages, science, math, and coding.
[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…
[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…
[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…
In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…
[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…
[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…