DUBLIN–(BUSINESS WIRE)–The “Intelligent Apps Market by Type (Consumer Apps, Enterprise Apps), Provider (Infrastructure, Data Collection & Preparation), Store Type (Google Play, Apple App Store), Deployment Mode, Service, Vertical, and Region – Global Forecast to 2023” report has been added to ResearchAndMarkets.com‘s offering.
The global intelligent apps market size is expected to grow from USD 11.34 billion in 2018 to USD 46.98 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period.
Major growth factors for the market include increasing consumer expectation for rich contextual and personalized experience, and the growing use of smartphones driving the demand for greater business mobility. However, fragmentation in mobile operating systems may restrain the market growth. The high cost of implementing AI solutions is a major challenge for the growing adoption of intelligent apps.
The intelligent apps market by type includes consumer apps and enterprise apps. The enterprise apps segment is expected to grow at a higher CAGR during the forecast period. An increasing demand for optimized and secure mobility solutions among enterprises is driving the adoption of intelligent apps across verticals.
APAC is expected to grow at the highest CAGR in the global intelligent apps market during the forecast period. The AI market in APAC has recently progressed from its nascent stage to the intermediate stage. The APAC region is also expected to account for the largest market size during the forecast period.
The government investments and the large presence of key players, such as Microsoft, IBM, Facebook, Google, and Hewlett-Packard Enterprise, are driving the intelligent apps market in the APAC region especially in China, Japan, Singapore, and India.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Intelligent Apps Market, By Type
7 Market By Provider
8 Intelligent Apps Market, By Service
9 Market By Store Type
10 Intelligent Apps Market, By Deployment Mode
11 Market By Vertical
12 Intelligent Apps Market, By Region
13 Competitive Landscape
14 Company Profiles
- Narrative Science
- Sentient Technologies
For more information about this report visit https://www.researchandmarkets.com/research/7z6m4n/46_98_bn?w=4