Mobile Applications Market - Rising Penetration of Internet Based Services Driving Demands
The global mobile applications market is anticipated to clock an impressive 16.2% CAGR for the forecast period between 2014 and 2020. Expanding at this pace, the opportunities in the market will translate into a revenue of US$54.89 bn by the end of 2020. The mobile applications market was worth US$16.97 bn in 2013.
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