Ready to upgrade: New types of apps will boost industry demand

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...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
13.5%
Forecast Growth 18-23
Profit
Employment
52,833
Businesses
27,354
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Large data and predictive analytics are expected to enable developers to create predictive apps
  • Even though the majority of time is spent on a handful of applications, new companies continue to enter
  • Growth in the number of connections is expected to be slower than the current period
  • Industry Report - Industry Products Chapter

    Included in this report are all apps, with the exception of games. IBISWorld has excluded games because game developers are primarily engaged in gaming, not app development. For example, these companies generate revenue through in-app purchases and advertisements, not through the actual process of developing an application. This is contrary to industry companies who are contracted by customers to build an app; since many customers do not have the technical know-how to develop an app on their own, they outsource to an industry participant. As a result, the largest revenue-generating app segments are not necessarily the most popular apps. For example, business-related apps, which also include apps developed for use within a company, account for the largest share, at 19.6%, ...purchase to read more.

    Additional Insights for the Smartphone App Developers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Smartphone App Developers Industry are

  • Access to highly skilled workforce
  • Company's product is user friendly
  • Product is sold at high profile outlets
  • IBISWorld analysts also discuss how external factors such as Number of mobile internet connections and Percentage of services conducted online in the Smartphone App Developers industry impact industry performance..

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    What's in this report

    What is the Smartphone App Developers Industry?

    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.

    Industry Products
  • Business apps
  • Education apps
  • Lifestyle apps
  • Entertainment apps
  • Utilities apps
  • Travel apps
  • Other apps
  • Industry Activities
  • Smartphone app creation and submission
  • Smartphone app development
  • Smartphone script and code writing for external clients
  • Smartphone design and user-interface consultation for external clients
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of mobile internet connections
  • Percentage of services conducted online
  • External competition
  • Corporate profit

  • Current Performance
  • The smartphone era
  • Intense competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth tapers
  • Industry structure
  • Dominant minor players
  • Table: Smartphone App Developers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Smartphone App Developers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Commercial Leasing
  • Computer & Packaged Software Wholesaling
  • Internet Publishing and Broadcasting
  • IT Consulting
  • Market Research

  • Products & Services
  • Business apps
  • Education apps
  • Other apps
  • Lifestyle apps
  • Entertainment apps
  • Utilities apps
  • Travel apps
  • Chart: Smartphone App Developers Industry Products and Services Segmentation

  • Demand Determinants
  • Smartphone penetration
  • Services conducted online

  • Major Markets
  • Android
  • Apple
  • Other
  • Windows
  • Blackberry
  • Chart: Major Market Segmentation for the Smartphone App Developers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Smartphone App Developers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Smartphone App Developers Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Smartphone App Developers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Smartphone App Developers Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of mobile internet connections (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    In-App Purchases
  • In-app purchases refer to the consumer purchases made whilst running the app. In-app purchases typically unlock additional content or features.
  • Native App
  • An application program that has been developed for use on a particular platform or device.
  • Splash Screen
  • Splash screens are images that appear while apps are loading.
  • Web App
  • An application program that is stored on a remote server and delivered over the internet through a browser interface.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Smartphone App Developers is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Smartphone App Developers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Smartphone App Developers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Smartphone App Developers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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