Technology & Telecommunications · Indirect
Monitoring · monthly
Procurement Category Intelligence

Mobile App Development Services

Overview
Market size
$165.0B
global, USD
CAGR
13.4%
base to forecast
Buyer power
-1.5
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored

Market outlook

2031$309.4B

What changed

Demand by region

North America demand42%
Asia Pacific demand33%
Europe demand18%
Rest of world demand7%
share of global demandtotal 100%

Cost drivers

Developer Salaries and Engineering Labor65%
Cloud Infrastructure and Hosting15%
Software Licensing and Dev Tools10%
Project Management and Overhead10%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked