Home > Media & Technology > Information Technology > IT Software > Intelligent Apps Market

Intelligent Apps Market Size

Report ID: GMI2979
Published Date: Feb 2021
Report Format: PDF

Download Free Sample

Intelligent Apps Market Size

Intelligent Apps Market size valued at USD 15 billion in 2020 and is projected to register gains at over 35% CAGR from 2021 to 2027.

Intelligent Apps Market

To get key market trends

Download Free Sample

The advent of advanced computing and analytics technologies is likely to drive the industry growth. The need to ensure context and preference-enabled business decisions followed by automation of multiple tasks is supporting the adoption of intelligent apps across industries. The significant technological innovations across IT infrastructure are anticipated to propel the market demand.

Intelligent Apps Market Report Attributes
Report Attribute	Details
Base Year:	2020
Intelligent Apps Market Size in 2020:	15 Billion (USD)
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	35%
2027 Value Projection:	150 Billion (USD)
Historical Data for:	2016 to 2019
No. of Pages:	220
Tables, Charts & Figures:	297
Segments covered:	Type, Deployment Model, Operating System, Application and Region
Growth Drivers:	Increasing use of smartphones for enhanced business mobility Growing customer demand for personalized service experience Rising trend of real-time mobile advertising across enterprises Increasing competition among retailers and increasing need for differentiation
Pitfalls & Challenges:	Data security and privacy concerns Lack of technical expertise

Learn more about the key segments shaping this market

Download Free Sample

The rising developments & integration of cognitive technologies including Artificial Intelligence (AI) and Machine Learning (ML) is further expected to boost the market revenue. The integration of these technologies into intelligent apps helps companies to automate data collection and analysis processes. Additionally, these applications enable companies to gain enhanced visibility and manage diverse business workflows remotely. These consistent innovations and advanced benefits are driving the demand for intelligent apps.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global intelligent apps industry share was USD 15 billion in 2020 and is estimated to hit more than 35% CAGR up to 2027.

The U.K. market for consumer intelligent apps is expected to register around 35% CAGR between 2021-2027 due to higher demand for providing unique user experience.

UAE intelligent apps market share from cloud deployment segment is anticipated to witness 35% CAGR through 2027 owing to the expansion of data center facilities in the region.

The Europe market for intelligent apps was valued at around USD 2.5 billion during 2020 and will expand through 2027 with regional innovations and industry-wide digitization trends.