Utility App Market size is expected to reach USD 7.8 billion by 2028
Utility App Industry Overview The global utility app market size was valued at USD 4.7 billion in 2021 and is expected to expand at a compound annual growth (CAGR) of 7.5% from 2022 to 2028. Enterprises operating in various industry verticals are adopting digital technology and digital business strategies to improve their business operations. With increasing digitalization, the importance of utility apps is increasing mainly for its convenience and business applications. Utility app offers the detection of hidden threats such as spyware and malware and blocking the wrongly behaving apps, tracking of current and past network activity. Utility apps offers wide solutions that add value, ensures effective operations, and enhances productivity of iPhone and Android applications. The remarkable surge in Internet penetration and subsequent data demand, particularly in developing nations like India, China, and Brazil is expected to make constructive market growth. The ...