The market for cross-platform mobile development tools exceeds $1.6 billion and is expected to reach $8.2 billion by 2016, a 39 percent compound annual growth rate, according to a new report published by Smiths Point Analytics.

The report, “Cross Platform Mobile Development Tools Market Analysis and Forecast,” covers cross-platform mobile development tools that enable developers to write applications using a variety of languages that run on multiple mobile operating systems with minimal code changes.

The analysis shows that Web-based tools make up the majority of the market with the emergence of HTML5 and the abundance of skilled HTML and JavaScript developers fueling demand. While the market is striving to manage the capabilities and limitations of HTML5, the report says, developers are committed to the technology.

The study found 38 percent of mobile developers use HTML5 as much as possible but 18 percent only use it for specific projects. Experienced developers are taking a balanced approach to developing applications for multiple platforms, using Web, native and hybrid technologies to broaden their reach. This approach will be the future trend, and a mix of various approaches, tools and expertise will characterize successful mobile strategies, according to the report.

Many mobile developers are moving to cross-platform tools as new mobile developers look to leverage their existing skills in a fragmented market, said Peter Crocker, author of the report.

Mobile strategies are becoming a must-have for organizations, and leveraging in-house development expertise to create competitive advantages in the mobile space makes cross-platform development tools an attractive option for CIOs and business managers, according to the report.

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