Mobile technology has been one of the important reason for digitalization of world. The fact is that people have access to mobile phones more than bank account, electricity or even clean drinking water system. Mobile technology is improving day by day in terms of affordability, functionality and extending network coverage in rural areas also. Since the origin of mobile apps industry is expanding continuously, numbers of mobile software applications are available for social networking, utility and education etc. There is specific impact of apps on society and on economy. So let’s have a look on some important points of mobile apps industry, economic influence and its challenges.