Cross Platform App Development Framework Market

A Detailed Analysis of the Cross Platform App Development Framework Market on the Basis of JavaScript-based Frameworks, C#-based Frameworks, and Mobile App Frameworks

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 Price

$ 4900*

Buy Now
Request Report Sample

Report ID: PMRREP33490

Cross Platform App Development Framework Outlook (2023 to 2033)

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:

  • Rapid penetration of smart phones is boosting the global cross platform app development framework industry
  • Rising need for quickly and cost-efficiently creating apps for multiple frameworks is likely to surge demand for such solutions in the market
  • Growing ease of access and use of advanced cross platform mobile app development technology is creating lucrative opportunities for companies
  • High penetration of digitalization across several sectors and production lines is another key factor that is projected to fuel market expansion

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%

2018 to 2022 Global Cross Platform App Development Framework Sales Outlook Compared to Demand Forecast from 2023 to 2033

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.

Which Region is Projected to Lead the Global Cross Platform App Development Framework Industry?

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.

Country-wise Insights:

Projected CAGR (2023 to 2033):

Countries Details

United States

16.7%

United Kingdom

16.5%

China

16.7%

Japan

16.6%

South Korea

16.3%

Market Value (2033):

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

Absolute Incremental Opportunity (2023 to 2033):

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.

Category-wise Insights:

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.

Competitive Landscape:

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:

  • In June 2021, The Ionic Framework, a popular choice for cross-platform development, announced the release of version 6. This new update introduced new features, including a revamped design system, improved performance, and enhanced development tooling.
  • In March 2021, React Native 0.64, which was announced in March and released later that month, introduced Hermes 0.5.0, an update to the JavaScript engine used by React Native. This update brought improved start-up time and reduced memory consumption, enhancing the performance of React Native apps.
  • In December 2018, Google announced the launch of Flutter 1.0, marking its stable release. Flutter gained significant attention due to its ability to create high-performance cross-platform apps with a native-like experience.

Scope of the Report:

Attribute Details

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

  • Revenue in US$ Billion
  • CAGR from 2023 to 2033

Report Coverage

  • Revenue Forecast
  • Volume Forecast
  • Company Ranking
  • Competitive Landscape
  • Growth Factors
  • Trends and Pricing Analysis

Segments Covered

  • JavaScript-Based Frameworks
  • C# Based Frameworks
  • Mobile App Frameworks
  • Region

Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East & Africa

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Nordic
  • Russia
  • Poland
  • China
  • India
  • Thailand
  • Indonesia
  • Australia and New Zealand
  • Japan
  • GCC countries
  • North Africa
  • South Africa
  • Others

Key Companies Profiled

  • React Native
  • Flutter
  • Ionic
  • Cordova
  • PhoneGap
  • Xamarin
  • Native Script
  • Electron
  • Vue.js
  • Angular

Global Cross-Platform App Development Market Segmentation:

By JavaScript-Based Frameworks:

  • React Native
  • Ionic
  • NativeScript

By C# Based Frameworks:

  • Xamarin
  • Unity

By Mobile App Frameworks:

  • React Native
  • Xamarin
  • Flutter

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

To know more about delivery timeline for this report Contact Sales

Companies Covered in This Report

  • React Native
  • Xamarin
  • Flutter
  • Ionic
  • NativeScript
  • Cordova
  • PhoneGap
  • Electron
  • Vue.js
  • Angular

Frequently Asked Questions

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.

Thank you for taking time to visit our website, click like if you found the information on this page useful?

This site uses cookies, including third-party cookies, that help us to provide and improve our services.
Google translate