Buyers of mobile app development services will face a highly fragmented market with lots of small players that could default, according to IBISWorld. Download this free procurement report, which analyzes the vendors, pricing trends and ways to negotiate the best deal. Credit: Thinkstock About 200,000 firms offer mobile app development services in the U.S. – and 96 percent of them are mid-sized or small firms. Many have four employees or fewer. Consequently, buyers should keep an eye on the vendor’s financial health, according to procurement analysts at IBISWorld, Inc. [Related: –> Strategy first: How to do mobile dev right] “The mobile app development market is highly fragmented … and no single vendor holds a significant share of the market,” an IBISWorld report says. Many vendors – especially new entrants – “face a high financial risk due to the high level of competition in the market,” the report says. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe The competition keeps prices from rising a lot, the analysts say, but buyers should make sure they select a vendor that has a track record of building mobile apps for the enterprise, and top-notch talent. The 25-page IBISWorld report also provides: Pricing trends A scorecard for making purchase decisions Analysis of the total cost of ownership (TCO) Key elements to put in the RFP Negotiation questions Download the complimentary report: “IBISWorld Procurement Report: Mobile App Development Services” download IBISWorld Procurement Report: Mobile App Development Services This report is intended to assist buyers of mobile application (app) development services. IBISWorld Related content brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills feature Top 17 cloud cost management tools — and how to choose Cloud cost analysis tools help your organization keep on top of its overall cloud use and associated costs, which can add up rapidly. By Peter Wayner Sep 29, 2023 14 mins Cloud Management Cloud Computing Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe