"The FDA encourages the development of mobile medical apps (MMAs) that improve health care and provide consumers and health care professionals with valuable health information. The FDA also has a public health responsibility to oversee the safety and effectiveness of medical devices – including mobile medical apps."

According to the report, The Emerging Use of Machine Learning and Artificial Intelligence in Mobile Application is one of the primary growth factors for the market. Digitalization Across the World is also expected to contribute significantly to the Mobile Application market. Overall, Residential applications of Mobile Application, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment, such as Playstore, is boosting the Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Product, such as Gaming Application, is boosting the Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Operating System, such as Android, is boosting the Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Mobile Application market identified that the demand is rising in many different parts of the world as "The Introduction of Virtual and Augmented Reality in Mobile Application ". Furthermore, some recent industry insights like "On 15th January 2020, Google announced today that it is buying AppSheet, an eight-year-old no-code mobile-application-building platform. The company had raised more than USD17 million on a USD60 million valuation, according to PitchBook data. The companies did not share the purchase price. With AppSheet, Google gets a simple way for companies to build mobile apps without having to write a line of code. It works by pulling data from a spreadsheet, database or form, and using the field or column names as the basis for building an app." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Mobile Application market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile Application market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Mobile Application market size is calculated using market estimation process, the Mobile Application market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile Application market size has been validated using both top-down and bottom-up approaches.