Mobile Advertising Market 2018 Global Size, Historical Analysis, Recent Trends, Opportunity Assessment, Future Scope and Potential of Industry by 2023
Mobile Advertising Market, By Advertising Type (Video Advertising, In-Game Advertising, In-App Advertising), By Organization Size (Small and Medium Size Enterprises, Large Enterprises), By Vertical (BFSI, Retail & Consumer Goods) – Forecast 2023
Pune, India – September 28, 2018 /MarketersMedia/ —
Market Highlights:
Mobile advertising can be defined as a marketing or advertising platform through mobile devices. Mobile advertising market has various channels that includes technology, trade shows or billboards. The key trends in mobile advertising market includes reaching to mass audience in less time, invention of latest technology that are convenient for users, emergence of innovative ideas that are going to benefit users and proficient use of smartphone to generate money. The study indicates, factors such as mobile as a device helps in bridging the gap with real world, increase in mobile users owing to usage of multiple channels and device that boost the mobile advertising market. Invention of latest technology helps users during difficult times, when demonetization stuck the market, the online money transfer companies were still flourishing and came up with more efficient technologies. The technologies such as secured payment gateways, quick response codes and near field communication stickers have made money transferring deals easy for consumers and generated faith in them. These are the significant factors driving mobile advertising market.
The mobile advertising market can be segmented on the basis of advertising type, organization size and vertical. By advertising type, the mobile advertising market consists of short message service (SMS), multimedia messaging service (mms), peer-to-peer messaging (P2P), video advertising, display advertising, in-game advertising, mobile digital coupons, in-app advertising and others. Short message service, offers companies to be in touch with their customers, by requesting them to participate in surveys, and fill questionnaire.
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Major Key Players:
• Applovin Corporation (U.S.),
• Avazu Inc. (China),
• Chartboost Inc. (Netherland),
• Facebook Inc. (U.S.),
• Flurry Inc. (U.K.),
• Google Inc. (U.S.),
• Inmobi Pte. Ltd. (Singapore),
• Matomy Media Group Ltd. (Israel),
• Millennial Media Inc. (U.S.),
• Smaato Inc. (U.S.), among others.
According to MRFR, The Mobile Advertising Market is expected to grow at approximately USD 169 Billion by 2023, at 14% of CAGR between 2017 and 2023.
Regional Analysis:
The regional analysis of mobile advertising market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. Asia-Pacific region is expected to grow at the highest CAGR in mobile advertising market. North America region is the leading player in mobile marketing market owing to huge investment in mobile advertising. The market growth in North America region is mainly due to contribution by developed countries in building network connectivity, growing number of mobile users, increasing usage of 3G and 4G network and increasing mobile marketing popularity among enterprises.
Segments:
Mobile Advertising market is segmented on the basis of advertising type, organization size and vertical.
Mobile Advertising Market by Advertising type:
• Short Message Service (SMS)
• Multimedia Messaging Service (MMS)
• Peer-To-Peer Messaging (P2P)
• Video Advertising
• Display Advertising
• In-Game Advertising
• Mobile Digital Coupons
• In-App Advertising
• Others
Mobile Advertising Market by Organization Size:
• Small and Medium Enterprises
• Large Enterprises
Mobile Advertising Market by Vertical:
• Retail and Consumer Goods
• BFSI
• It & Telecommunication
• Media and Entertainment
• Travel
• Transportation and Automobile
• Supply Chain and Logistics
• Healthcare
• Energy & Power and Utilities
• Education and Government
• Others
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Intended Audience
• Investors and consultants
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Advertising Companies
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Contact Info:
Name: abhishek Sawant
Organization: Market Research Future
Phone: 6468459312
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Source: MarketersMedia
Release ID: 414372