Market Highlights
The global Mobile Application Development Market, according to the analysis of Market Research Future (MRFR), is slated to reach a substantial market valuation, and grow at a moderate CAGR of more than 14% over the review period of 2016 to 2022.
Drivers and Restraints
The key driving factor that drives the growth of the Mobile App Development Market is the growing IoT market, high market penetration of smartphones, and higher usage of mobile apps, especially for applications such as games, e-commerce, media, and social networking. The Global Mobile App Development Industry is majorly driven by the deployment of new technologies, changing lifestyles, and rising adoption by corporates to simplify their daily tasks. Moreover, the increasing adoption of machine learning and the addition of machine learning into mobile applications is also responsible for the market growth of the mobile application development market. The global Mobile Application Development market is highly competitive owing to the increase in web-based applications and Government funding towards secured centrally connected systems.
The growing competition and the demand for high-quality application testing are boosting the market growth of Mobile Application Development. Moreover, the companies are investing the research and development to come up with new solutions for the consumers. Emerging advancements in the mobile industry are prompting the developments in mobile applications. On the other hand, the lack of technical expertise and high-cost involvement in app development are the major restraints of market growth.
Segmentation:
The global mobile application development market report has been segmented on the basis of platform, into IOS, and Android. The global mobile application development market has been segmented on the basis of application, into banking, Entertainment (Gaming and media), retail, e-commerce, airlines, government agencies, education, and social networking, among others. The entertainment and e-commerce segments are leading the market share at present, and are expected to witness maximum growth over the review period.
Regional Analysis
The regional analysis of the global mobile application development market is conducted in Europe, North America, the Asia Pacific, and the rest of the world.
North-America is leading the global mobile application development Market with the largest market share and is poised to grow over its preceding growth records, and reach a positive growth trajectory by 2022. This is attributed to the growing adoption of new solutions, changing lifestyles, and increasing consumer preference for smartphones.
The European mobile application development market size is slated to reach a considerable CAGR over the assessment period. This is accredited to the rise in IT technology and an increasing population, which is growing the demand for smartphones, laptops, and tablets in the region.
The Asia Pacific market is slated to be the fastest-growing market over the review period. Mobile Application Development Market in the Asia-Pacific market is expected to grow at a substantial CAGR over the forecast period owing to rapid technological advancements and China being the manufacturing hub.
Competitive Analysis
Some of the significant market players identified by MRFR in the Global Mobile Application Development Market include Amazon, Inc. (U.S.), Google, Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Apple, Inc. (U.S.), Kony, Inc. (U.S.), Facebook, Inc. (U.S.), Infosys, Ltd. (India), Verivo Software, Inc. (U.S.), and Wipro Corporation (India) among others.
The global mobile application development market has highly competitive dynamics. Thus, the market players are increasing their investments towards research and development and marketing activities to maintain their position in the market over the review period. Moreover, there is an expected rise in mergers, acquisitions, strategic business partnerships, and joint ventures, to maintain the competitive nature of the market in the foreseeable future.
Market OverviewThe global 5G IoT market is not just growing but proliferating rapidly.
Furthermore, lockdowns and movement restrictions have affected the business operations of equipment manufacturers leading to a shortage of components.Most countries have postponed their expenditure plans for later, which, in turn, affect the consumers and business organizations, presenting limited/unavailability of network service challenges.
By Vertical: Consumer Electronics, Automotive, Railway, Mining, Utilities, Healthcare, Agriculture, Manufacturing, and others.By Regions : Europe, Americas, APAC, and Rest of the World.Regional AnalysisNorth America dominates the global 5G IoT technology market.
Besides, the rising demand for Internet connectivity with high reliability and the rapid adoption of Internet-connected devices drive the regional market's growth.
Also, various telecom companies in the region and the rising uptake of the latest technologies, such as IoT, substantiate market growth.Europe stands second in the global 5G IoT technology market.
Rigorous R & D activities in the region and ongoing customer trials in countries such as the UK, Germany, and France positively contribute to market growth.The Asia Pacific region is a promising market for 5G IoT services.
Notebook Display MarketThe global tablets & notebook display market, as per the report from Market Research Future (MRFR) is slated to acquire a substantial market valaution up to USD 28.46 billion by 2023, at moderate CAGR of 8% during the forecast period.Drivers and RestraintsGrowing adoption of touch-based and energy-efficient devices is likely to drive the tablets & notebook display market during the assessment period.
With the rising demand for tablets and notebooks, the concentration of display manufacturers is also growing.
In the foreseeable future, the adoption of the AR/VR devices is likely to create a vast scope of growth opportunities for market players operating in the tablet & notebook display market.Segmental AnalysisThe global tablet and notebook market is segmented on the basis of product, touch type, technology, and end-user.Based on the product, the market is bifurcated into tablets and notebook/laptop.By technology, the market is divided into OLED, LED, LCD (TFT, IPS), and AMOLED.
AMOLED is used in transparent, flexible, and practically unbreakable displays.
OLED technology is slated to dominate the technology market during the forecast period due to increase demand of OLED television products in the global market.By touch type, the market is bifurcated into capacitive and resistive touch.
By display size, the tablet and notebook market is segmented into less than 10 to 15 inches, 10 inches, and more than 15 inches.Based on the end-user, the market is bifurcated into consumer and enterprises.Global Competitive AnalysisThe rewarding scenarios accessible in this market are being utilized by candidates who are trying to extend their market coverage by centered development which will prove to be perfect for the growth of this industry sector.
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Learning Analytics MarketMarket Research Future (MRFR) postulates that the global learning analytics market is slated to register 26% CAGR during the forecast period (2017-2023).
The proliferation of mobile devices is estimated to favor the market growth in the coming years.
Learning analytics evolve from a branch of science like statistics, psychology, sociology, information science, machine learning, and data mining in order to interpret the gathered data during teaching, learning, education administration, and other services.Market Potential and PitfallsThe market’s growth is chiefly directed by the augmenting need to evolve competitive strategies in order to sustain the market coupled with the increased focus on personalized learning.
The accelerating increase in mobile devices like laptops, smartphones, and mobile tablets are some of the major factors likely to offer a better prospect to the market in the coming years.
Several business organizations can determine the completion of training courses quantitatively, but on the other hand, find it very difficult to measure the qualitative aspects like social learning and informal experiences, and their results.
Leaning analytics help to clarify the intangible learning experiences.
This analytical tools helps the data to improve their learning and the environment in which the learning takes places.Many business organizations can determine training course completions quantitatively, but find very difficult to measure qualitative aspects such as informal and social learning experiences and their results.
Additionally, the companies need to retain the talented workforce to develop innovative products in order to sustain the market.
Hence, business organizations lay stress on developing constant learning culture for employees which in turn empowers the learning analytical tools to boost the innovation in the organization.Complete Report Details @ https://www.marketresearchfuture.com/reports/learning-analytics-market-5634Many educational organizations and solution providers such as Intel Corporation are offering personalized learning experiences to individual based on their job-profile, career aspirations, and training acquainted in previous job, which is presumed to drive the demand for learning analytics market.
However, increasing awareness for learning analytical tools in order to enhance the performance and proficiency in education is presumed to gain the popularity over the review period.On the other hand, the lack of technical expertise in order to implement the analytical tools are expected to be a major challenge for the market.
Considering the commercial sector, the issues such as data protection, data possession, monitoring, and controlling the data are also considered to be challenging areas for the learning analytics market.The learning analytics market is categorized as tools, services, deployment, application, and end-user.By tools, the learning analytics market is subcategorized as predictive analytics, content analytics, adaptive learning analytics, discourse analytics, analytics dashboard and others.
On the basis of deployment, the market is consists of on-premises and on-cloud.The application-based learning analytics is segregated as higher education, K-12 education, and business enterprises.
