How big is the mobile app development market | Industry Size & Growth Opportunities 2025

Q: How big is the mobile app development market

The mobile app development market is estimated to be valued at USD 421.5 Billion in 2031.

Q: What is the CAGR of the mobile app development market?

The mobile app development market is expected to grow at a CAGR of 11.4% during the forecast period.

Q: Which platforms are most frequently used for developing mobile applications?

Mobile app development is dominated by Android and iOS, with cross-platform tools like Flutter and React Native gaining popularity.

Q: Which sectors are making the largest investments in the creation of mobile apps?

Healthcare, finance, retail, education, and transportation are important sectors that use mobile apps for operations and customer interaction.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA7594

Publication Date: Aug 2025

What is the size of Mobile App Development Market?

According to 6Wresearch internal database and industry insights, the Mobile App Development Market was estimated to be worth USD 198.3 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 11.4% to reach USD 421.5 billion by 2031.

The expansion of 5G technology, enterprise mobility trends, growing demand for on-demand services, and growing smartphone are the main drivers of this growth. Further speeding up market adoption is the combination of improved mobile security features and cutting-edge payment technologies.

Key Growth Drivers of the Mobile App Development Market

Consumer demand for individualized digital experiences and the growth of mobile-first businesses
Using cutting-edge technologies like AI, AR/VR, and IoT to increase user engagement
Investing more in cross-platform development tools to cut expenses and time
Expansion of revenue-generating techniques like mobile advertising and in-app purchases
Growing interest in industry-specific apps, especially in the fields of education, healthcare, and fintech

Mobile App Development Market Trends

Trends in the Mobile App Development Market involve faster deployment cycles are made possible by the growing popularity of low-code/no-code development platforms. Super apps, foldable-device-compatible apps, and progressive web apps (PWAs) are also becoming more popular. Microservices architecture and cloud-based development environments are becoming popular for scalable app ecosystems.

Emerging Developments in the Mobile App Development Market

Real-time app performance analytics, generative AI-assisted coding, and machine learning-powered hyper-personalized user experience are all including in emerging developments in the Mobile App Development Market. Gesture-based user interfaces and voice-enabled apps are developing. While IoT-enabled apps for smart home and industrial applications are expanding quickly, blockchain is being incorporated more and more into mobile apps for safe transactions.

List of Leading Companies in the Mobile App Development Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. WillowTree, Inc.

Company Name	WillowTree, Inc.
Established Year	2007
Headquarters	Virginia, United States
Official Website	Click Here

This company specializes in consumer-grade mobile apps, known for its UI/UX excellence and rapid agile development cycles.

2. Fueled

Company Name	Fueled
Established Year	2007
Headquarters	New York, United States
Official Website	Click Here

This company offers innovative app development for startups and enterprises, with a reputation for design-driven mobile products.

3. Intellectsoft

Company Name	Intellectsoft
Established Year	2007
Headquarters	Palo Alto, California, United States
Official Website	Click Here

Intellectsoft provides cutting-edge mobile app solutions for Fortune 500 companies, with a focus on enterprise-grade scalability and digital transformation.

4. Savvy Apps

Company Name	Savvy Apps
Established Year	2009
Headquarters	Washington, D.C., United States
Official Website	Click Here

Savvy Apps is known for creating award-winning mobile experiences and collaborating with worldwide brands to deliver high-performance applications.

5. Y Media Labs

Company Name	Y Media Labs
Established Year	2009
Headquarters	Redwood City, California, United States
Official Website	Click Here

Y Media Labs designs and develops innovative mobile apps using a human-centered approach, serving clients like Apple, PayPal, and L’Oréal.

6. DMI (Digital Management, LLC)

Company Name	DMI (Digital Management, LLC)
Established Year	2002
Headquarters	Bethesda, Maryland, United States
Official Website	Click Here

DMI offers end-to-end mobility solutions, including enterprise mobile app development, with deep expertise in secure and scalable architectures.

7. Tivix (a Kellton company)

Company Name	Tivix (a Kellton company)
Established Year	2008
Headquarters	San Francisco, California, United States
Official Website	Click Here

Tivix specializes in agile mobile app development for digital products, often partnering with government and enterprise clients in regulated industries.