The Mobile App Development Market was valued at $145.05 billion in 2025 and is projected to reach $553.57 billion by 2033, growing at a CAGR of 18.25% due to increased smartphone and mobile internet usage globally.

In the U.S., the market size was $40.13 billion in 2025 and is expected to reach $150.72 billion by 2033, driven by demand in industries like e-commerce, banking, healthcare, and entertainment.

Key players in the market include Microsoft, Apple, Google, IBM, Oracle, SAP, and Salesforce.

Native mobile apps held a dominant share of 52.30% in 2025, while hybrid mobile apps are the fastest-growing segment with a CAGR of 18.20%.

Android led the platform share with 72.40% in 2025, while iOS is the fastest-growing segment with a CAGR of 15.80%.

E-commerce dominated the market with a share of 45.30% in 2025, while banking is the fastest-growing segment with a CAGR of 19.20%.

Retail led in industry verticals with a share of 33.70% in 2025, while healthcare is the fastest-growing segment with a CAGR of 20.08%.

North America dominated the market in 2025, while the Asia Pacific region is expected to have the fastest-growing CAGR of 19.71%.

Recent developments include Microsoft’s new data experience in Power Apps and Apple’s Xcode 16 with Swift Assist for developers.

SNS Insider offers exclusive sections in their reports, including app performance metrics, user engagement insights, emerging technology adoption, app marketing metrics, and competitive landscape analysis.

Read more at GlobeNewswire: Mobile App Development Market Forecasted at USD 553.57