The Smartphone App Developers industry comprises companies and individuals that develop applications for smartphones, including the iPhone and Android devices. The smartphone's instant popularity and high adoption rate stimulated developers to quickly introduce new apps. Over the five years to 2018, as smartphones have grown in popularity and are now used by nearly every American, revenue has surged. With an increasing number of mobile internet connections and low barriers to entry, the number of industry operators has been growing rapidly, and demand for talented labor has often exceeded supply, leading to a rise in the average industry wage among employees. New types of apps will also spur demand for industry services over the five years to 2023. In addition, large data and predictive analytics are expected to enable developers to create predictive apps.
This industry develops and publishes applications (apps) for smartphones. Apps are typically sold in a special “app store” that can be accessed through the device.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.