This question is about app revenue statistics.

Is the app industry growing?

By Zippia Team - Jun. 29, 2022

Yes, the app industry is growing, and it is growing to big heights. The projected CAGR for the mobile industry is 6.58%, with global revenue expected to exceed $430 billion in 2022.

Mobile technology is now a huge part of our daily lives, so it should be no surprise that mobile apps are on the rise. Apps provide the basic framework to make mobile technology user-friendly. Without them, much of the mobile industry would be inaccessible to the average consumer.

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