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Mobile Application Market: Global Industry Analysis and Forecast 2027 Mobile Application Market Size in 2020 was worth US $ 171.75 Bn. The rapid growth of the mobile application industry in the market has been attributed to the increased adoption of the internet and smartphones in recent years. The increased use of virtual reality and augmented reality are two important reasons driving the mobile application market forward. Sensor features such as motion sensors, accelerometers, and gyroscopes are now available in smartphones thanks to recent innovations. The creation of various games such as Pokémon Go resulted in a massive growth in gaming users. People's lives have become more interactive as a result of the use of various mobile applications.


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