The mobile app development industry is observing a rapid surge in recent years, due to the high usage and dependency on smartphones and mobile technology. In Australia, where tech-savvy consumers and businesses always eager to use innovative solutions, mobile apps have become an integral part of daily life and operations.
From improving user experiences to optimizing company operations, the demand for mobile applications shows no signs of slowing down. That is why most businesses are starting to invest in mobile apps, but they don’t know the overall cost of it. This article will provide detailed information for mobile app development cost, hidden cost and how to reduce them.
Mobile App Development Market Size in Australia
Australia is one of the top mobile app developers in the world. According to reports, there are more than 140,000 developers in Australia alone. With the rapidly growing app market, businesses can easily hire a local mobile app development company. To understand the demand for mobile app development, here are some facts about Australia’s mobile app market share.
- According to Statista, the total revenue of the App market is expected to reach US$8,729.00m by the year 2023.
- Based on current projections, the total revenue is expected to grow annually at a rate of 7.25% from 2022 to 2027. As a result, the market volume is predicted to reach US$11,550.00m by 2027.
- According to 42 Matters, 56% of mobile app publishers in Australia have published their apps on both Google Play and the Apple App Store.
- According to projections, the number of downloads from the App market will reach 774.10 million by 2023.
