The past five years have been generous to the Smartphone App Developers industry, with revenue growing at an alarmingly strong rate. The smartphone's instant popularity and high adoption rate stimulated developers to quickly introduce fans of this new device to its full capabilities and superior functionality, offering gaming, entertainment, productivity, lifestyle and social apps. With an increasing number of mobile internet connections and low barriers to entry, the number of developers has been growing rapidly, however, the structure of the industry is not mature enough to accommodate them. The market has quickly become oversaturated, and steep competition from free apps will continue to threaten profitability.
This industry develops and publishes applications for smartphones and mobile devices. Apps are typically sold in a special 'app store' that can be accessed through the device.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.