Intelligent Apps Market Forecasts to 2028 – Global Analysis By Provider (Infrastructure, Data Collection and Preparation, Machine Intelligence), Service (Professional Services, Managed Services), and By Geography
According to Stratistics MRC, the Global Intelligent Apps Market is accounted for $16.67 billion in 2020 and is expected to reach $149.03 billion by 2028 growing at a CAGR of 31.5% during the forecast period. Growing desire for advanced analytical tools, advancements in technology on deploying new product, and heightened market for big data & analytics are the major factors propelling the market growth. However, fragmentation in mobile operating systems and high cost of implementing AI-based solutions are hampering the market growth.
Intelligent application refers to an application that recommends and predicts the data which gives long lasting impact on an individual by making the use of real time and historic information in the device and cloud memory. The application assists in solving the issue without any command of the user. The task is performed in accordance with the artificial intelligence and data analytics. These applications are extensively used by individuals and business enterprises.
Based on application, the media and entertainment segment is estimated to have a lucrative growth due to the increasing number of people subscribing to OTT platforms. The broadcast and media companies are actively seeking to extend their content reach to the right where it is needed. Manual tagging of content is close to impossible with the time, as they need to process the massive volume of data. Hence, companies are making efforts to deploy or develop intelligent applications for users with value-added experiences.
By geography, North America is going to have a lucrative growth during the forecast period due to the growing software development and innovation. Companies including Microsoft, Google, IBM, and Oracle are some of the major companies offering intelligent apps based in the region. Microsoft Corporation's Cortana is one of the best intelligent apps being used in daily lives. The app is a personal assistant app offering functionalities such as keeping track of important files and documents, setting reminders, etc.
Some of the key players profiled in the Intelligent Apps Market include IBM, Aibrain, Apple Inc, AWS, Baidu, Cloudminds, Cognizant, Facebook, Google Inc, Hewlett Packard Enterprise, Intel, Microsoft Corporation, Oracle, Salesforce, Samsung Electronics Co. Ltd, SAP SE, and Sentient Technologies.
• Consumer Apps
• Enterprise Apps
Storage Types Covered:
• Google Play
• Apple App Store
• Other Storage Type
• Data Collection and Preparation
• Machine Intelligence
• Professional Services
• Managed Services
Operating Systems Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Retail and eCommerce
• Healthcare and Lifer Sciences
• Media and Entertainment
• Travel and Hospitality
• Energy and Utilities
• Transportation and Logistics
Deployment Modes Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.