According to the research  report titled ‘Global App Store Market - Analysis By Operating System (Android, iOS, Others), Application, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with Market Study Report, global app store market was evaluated  at USD 136.18 billion in 2020 and is anticipated to grow significantly over 2021-2026.
 

Increasing number of smartphone & tablet users, surging demand for smart wearables, monetization of apps, and widespread internet penetration are the key factors stimulating global app store market expansion.
 

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Apart from highlighting the growth stimulants and restraints, the research report provides a concise overview of the business sphere by fragmenting it into sub-segments. Insights about revenue garnered, market share captured, valuation, and growth rate of each segment are incorporated as well.
 

Based on application ambit, the industry is split into gaming, travel & lifestyle, business & utility apps, music & entertainment, and others. Among these, gaming segment held a major industry share market in the past year, due to increasing internet usage, and rising demand for mobile & computer games from youngsters and adults.
 

Speaking of operating system, worldwide app store business sphere is fragmented into iOS, android, and others. Out of these, android segment garnered massive revenues in the recent past and is speculated to grow rapidly over the stipulated period, due to rising number of android mobile users in emerging economies.
 

From regional frame of reference, Asia Pacific is speculated to hold a significant market share by the year 2026, due to growing internet usage, rising number of smartphone users, and increasing demand for innovative applications.
 

Key companies profiled in the global app store industry report are Apple Inc., GetJar, Google LLC, Amazon.com Inc., Opera Ltd., Aptoide, LG Electronics Inc., Appland, Samsung Group, Huawei Technologies Co. Ltd., and SlideMe.