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Mobile Applications: Advancements in Cellular Networks Benefits Market

The global mobile applications market is a choc-o-bloc with big, small, and mid-sized companies that operate in global as well as regional markets, states Transparency Market Research (TMR) in a new report. Key companies such as Apple Inc. and Google Inc. hold large market shares due to their impeccable top of the line products for an array of uses. Technological expertise and huge investments also account for the large consumer base of mobile applications (apps) developed by top companies in the mobile applications market. Some other key companies to name in the global mobile applications market are Blackberry Ltd., Sourcebits Inc., WillowTree Apps Inc., Handmark Inc., Y Media Labs Inc., QBurst, Softeq Development Corporation, Microsoft Corporation, and OpenXcell Technolabs Pvt. Ltd. As per the TMR report, 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 opportun...