Market Study on Cross Platform App Development Frameworks: Based on the Concept of ‘Write Once, Run Everywhere’, Find out What Makes Cross Platform Development Frameworks So Popular and Beneficial!
Industry: Semiconductor Electronics
Published Date: June-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33490
Global cross platform app development framework sales revenue in 2022 totaled US$ 101.7 billion. Over the next ten years, global cross platform app development framework demand is forecast to rise at 16.8% CAGR.
As per the latest analysis, the global cross platform app development framework market size is expected to reach US$ 120 billion in 2023 and US$ 546.7 billion by the end of 2033. Demand is anticipated to remain high for React Native cross platform app development framework. The target segment is projected to thrive at around 16.7% CAGR from 2023 to 2033.
Key Market Shaping Factors:
In recent years, importance of mobile apps has increased significantly across businesses. Subsequently, it has become critical that applications run seamlessly on both Android and iOS. This has put the cross-platform app development framework industry into the spotlight.
Cross platform app development frameworks have become efficient, affordable, and time-saving solutions globally. They allow businesses to develop compatible mobile apps faster and with reduced costs.
Rising need for quickly developing compatible apps across the world is expected to elevate cross platform app development framework demand.
By using cross platform app development frameworks, users can quickly and cost-efficiently create applications that are compatible with multiple mobile operating systems or platforms. Cross platform apps feature sharable code that can be reused across various platforms.
Increasing smartphone users globally is acting as a catalyst fueling expansion of the global cross platform app development framework industry.
In 2018 there were around 3.5 billion mobile phone users in the world which increased to around 5 billion by 2022. It is projected that by 2028, number of mobile phone users will reach around 6.1 billion.
With rising usage of mobile devices, the demand for the use of cross platform app development frameworks will increase as they offer multi-platform support, cost-efficiency, and faster time-to-market which makes it economically viable to businesses.
Attributes | Key Insights |
---|---|
Estimated Global Cross Platform App Development Framework Market Value (2023) |
US$ 120 billion |
Projected Market Size (2033) |
US$ 546.7 billion |
Value-based CAGR (2023 to 2033) |
16.8% |
United States Market CAGR (2023 to 2033) |
16.7% |
Historically, from 2018 to 2022, the value of the cross platform app development framework market increased by around 21.3% CAGR. Looking ahead, the market is anticipated to thrive at 16.8% CAGR during the next ten years, generating an absolute $ opportunity of US$ 444.7 billion.
Cross-platform app development frameworks provide a unified development environment and set of libraries that enable developers to create mobile applications that can run on various platforms, utilizing a single codebase.
Growing demand for mobile applications across multiple platforms such as iOS and Android is driving the need for cross-platform app development frameworks.
Businesses and developers want to reach a wider audience by developing apps that work seamlessly across different operating systems. As a result, they are increasingly using cross platform app development frameworks. This in turn is boosting the global market.
The increasing use of mobile devices has led to a surge in cross-platform or cross-platform app development frameworks. With the proliferation of smartphones and tablets, users are accessing applications on various platforms such as iOS and Android.
Businesses recognize the need to reach this diverse user base and provide a consistent experience across platforms. Cross-platform frameworks allow developers to write code once & deploy it across various platforms. Thus they significantly reduce development time and costs while expanding the app's reach.
With intense competition in the mobile app market, businesses aim to release their apps quickly and capture user attention. Hence, they are making full use of cross platform app development frameworks. This will continue to boost global cross platform app development framework sales revenues.
Cross-platform frameworks streamline the development process by enabling code and asset reuse, accelerating the app's availability on multiple platforms simultaneously. This agility allows businesses to stay ahead of the competition, reach a wider audience, and maximize their app's potential.
Regionally, Asia Pacific is expected to dominate the global cross platform app development framework industry during the assessment period. Asia Pacific cross platform app development framework market size reached US$ 62.3 billion in 2023.
By 2033, Asia Pacific market is projected to reach a massive valuation of US$ 293.1 billion. Growth in the market is fueled by the rise in mobile users, growing demand for multi-platform compatibility, and the affordability of cross-platform frameworks.
Businesses in the area use frameworks such as React Native, Flutter, and Xamarin to create apps that run across a variety of platforms, cut development costs, and shorten time to market.
In 2022, the Asia Pacific had around 2.5 billion smartphone users which is projected to increase to around 3.7 billion by 2028. With the growing use of mobile devices, the demand for the use of cross-platform app development frameworks is expected to increase
Cross platform app development frameworks offer multi-platform support, cost-efficiency, and faster time-to-market which makes it economically viable to businesses. Companies can employ these frameworks to build numerous mobile applications.
Countries | Details |
---|---|
United States |
16.7% |
United Kingdom |
16.5% |
China |
16.7% |
Japan |
16.6% |
South Korea |
16.3% |
Countries | Details |
---|---|
United States |
US$ 104.7 billion |
United Kingdom |
US$ 22.3 billion |
China |
US$ 143 billion |
Japan |
US$ 107.9 billion |
South Korea |
US$ 32.5 billion |
Countries | Details |
---|---|
United States |
US$ 82.3 billion |
United Kingdom |
US$ 17.4 billion |
China |
US$ 112.4 billion |
Japan |
US$ 25.4 billion |
South Korea |
US$ 55.4 million |
What is the Demand Outlook for the United States as a Hub for Cross Platform App Development?
The United States cross platform app development framework market is projected to surpass a valuation of US$ 104.7 billion by 2033. It is anticipated to generate an absolute $ growth of US$ 82.3 billion over the next ten years.
From 2018 to 2022, cross platform app development framework demand in the United States increased at 21.2% CAGR. Looking forward, the United States market is set to exhibit a CAGR of around 16.7% from 2023 to 2033.
The United States has a significant number of people using smartphones. In 2018, total smartphone users in the country reached 274 million and by 2028 this number is projected to increase to around 331 million.
With growing use of mobile devices, demand for cross-platform app development frameworks will increase rapidly. This is because these frameworks are being increasingly used for building various mobile applications.
Cross platform app development frameworks offer multi-platform support, cost-efficiency, and faster time-to-market which makes it economically viable to businesses. Hence, increasing penetration of smartphones will boost cross platform app development framework sales revenue in the United States.
Is China Likley to Remain a Leader in Cross Platform App Development Framework Market?
China cross platform app development framework market exhibited a CAGR of 21.1% from 2018 to 2022. Over the next ten years, China market is forecast to thrive at 16.7% CAGR, reaching a valuation of US$ 143 billion by 2033.
China is a prominent manufacturer and consumer of smartphones globally. There were around 1.04 billion people using smartphones in the country in 2022 and it is projected that by 2026 there will be around 1.18 billion smartphone users.
With rising adoption of smartphones in the country, the market for cross-platform app development is projected to increase rapidly. As a result, China will continue to remain a lucrative market for cross platform app development frameworks.
Which is the Highly Popular JavaScript-based Framework Globally?
As per Persistence Market Research (PMR), React Native is expected to remain the most popular and commonly used JavaScript-based framework. The target segment grew at a CAGR of 20.0% from 2018 to 2022. For the next ten years, the same segment is forecast to thrive at 16.7% CAGR.
React Native offers developers the ability to build mobile applications that can run seamlessly on both iOS and Android platforms.
The cross-platform nature of React Native makes it an attractive choice for businesses and developers. It allows them to reach a larger audience by developing apps that can be used by users on different mobile operating systems without the need for separate codebases. This significantly reduces development costs and enables faster time-to-market for businesses.
React Native leverages native components and APIs, providing an enhanced user experience that closely resembles native apps. It achieves this by using a bridge that connects JavaScript code to platform-specific components, ensuring optimal performance and access to device features.
React Native JavaScript-based framework offers a powerful solution for cross-platform app development. It enables businesses to create high-quality mobile applications that work seamlessly across multiple platforms while reducing development time and costs.
Which Mobile App Framework is Expected to be Predominant in the Market?
Based on mobile app framework, Flutter is anticipated to remain the lucrative segment in the market. The target segment is poised to exhibit a CAGR of 16.6% from 2023 to 2033.
Flutter is a versatile cross-platform app development framework that has gained significant traction in the mobile app development segment. Developed by Google, Flutter allows developers to build high-performance applications that can run on multiple platforms, including iOS, Android, and even the web.
Flutter employs Dart, a programming language known for its simplicity and efficiency, as its primary language. One of the key advantages of Flutter is its ability to provide a native-like experience across different platforms.
Flutter uses its own rendering engine and widgets, eliminating the need for platform-specific UI components. This results in consistent UI and performance, regardless of the target platform.
Another strength of Flutter is its fast development cycle. It offers features such as hot reloading, allowing developers to instantly view the changes they make to the code. This rapid iteration capability boosts productivity and speeds up the development process.
Flutter has emerged as a preferred choice for cross-platform app development. Its ability to deliver native-like performance, fast development cycle, and extensive widget library make it a powerful framework for building high-quality applications across multiple platforms.
Flutter offers businesses a cost-effective and efficient solution in the competitive mobile app market. Rising popularity and usage of this framework is expected to create lucrative revenues for cross platform app development framework companies.
Few of the key players in the market are React Native, Flutter, Ionic, Cordova, PhoneGap, Xamarin, Native Script, Cordova, Electron, Vue.js, and Angular. These companies are focusing on introducing new versions of their frameworks.
Several cross platform app development framework providers are also adopting strategies such as mergers, partnerships, agreements, and collaborations to expand their global footprint.
Recent developments:
Attribute | Details |
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Estimated Market Value (2023) |
US$ 120.0 billion |
Projected Market Value (2033) |
US$ 546.7 billion |
Anticipated Growth Rate (2023 to 2033) |
16.8% CAGR |
Historical Data |
2018 to 2022 |
Forecast Period |
2023 to 2033 |
Quantitative Units |
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Report Coverage |
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Segments Covered |
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Regions Covered |
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Key Countries Covered |
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Key Companies Profiled |
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By JavaScript-Based Frameworks:
By C# Based Frameworks:
By Mobile App Frameworks:
By Region:
To know more about delivery timeline for this report Contact Sales
As per PMR, the global market was valued at US$ 101.7 billion in 2022.
The global cross platform app development framework market size is estimated to reach US$ 120 billion in 2023.
The worldwide cross platform app development framework industry is projected to reach US$ 546.7 billion in 2033.
The global market registered a CAGR of around 21.3% over the last 4 years.
Global cross platform app development framework demand is projected to rise at 16.8% CAGR through 2033.
React native cross platform app development framework segment is expected to witness robust growth.