Press release
Mobile Advertising Market Insights 2020 Industry Vertical, Ongoing Trends & Demand, Further Development with Leading Players: Google, Facebook, Flurry, Avazu, Smaato Inc.
Mobile Advertising Market
The global mobile advertising market was valued at $69,781 million in 2015 and is projected to reach $243,703 million by 2022, growing at a CAGR of 15.8% from 2016 to 2022.
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Surge in mobile device penetration; rise in mobile internet users; increased awareness among mobile users about benefits of technology-based advertising such as increased accessibility, the speed of communication and frequency are projected to drive the mobile advertising market growth during the forecast period. However, rise in privacy and security concerns and growth in AD blocker solution adoption is projected to limit the market growth to some extent during the forecast period.
Mobile advertising is a technique of promoting products and services on mobile devices such as smartphones, tablets, and featured phones through mobile applications (apps) or mobile websites (web).
Surge in mobile device penetration; rise in mobile internet users; increased awareness among mobile users about benefits of technology-based advertising such as increased accessibility, the speed of communication and frequency are projected to drive the mobile advertising market growth during the forecast period. However, rise in privacy and security concerns and growth in AD blocker solution adoption is projected to limit the market growth to some extent during the forecast period.
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By category, the arts & entertainment segment dominated the market with around 45% market share, followed by hobbies & interests segment, in 2014. Further, the hobbies & interests segment is projected to expand at the highest CAGR of 16.7% due to rise in time spent on mobile devices by users across the globe.
By format, the search segment dominated the market in 2014 with around 37% market revenue share owing to increase in awareness about health, safety, entertainment, and hobbies & interests among the mobile users. Furthermore, the video segment is projected to expand at the highest CAGR of 17.5%, owing to the increase in the trend of watching on-demand movies, TV shows, and others videos especially among the young population.
Based on the geography, the mobile advertising market is studied across four major regions, namely North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2014, accounting for around 42% share of the overall mobile advertising market. The North America mobile advertising market is projected to grow at the highest CAGR of 17.6% during the forecast period owing to increased penetration of mobile devices in the region.
Key Market Players Profiled In The Report:
• Applovin Corporation
• Avazu Inc.
• Chartboost Inc.
• Facebook Inc.
• Flurry Inc.
• Google Inc.
• Inmobi Pte. Ltd.
• Matomy Media Group Ltd.
• Millennial Media Inc.
• Smaato Inc.
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Key Findings of the Mobile Advertising Market:
○ By format, the search segment dominated the mobile advertising market in 2014, and the video segment is expected to grow at the highest CAGR.
○ Among categories, the hobbies & interests segment is projected to create significant growth opportunities for prominent players operating in the global market.
○ Asia-Pacific was the highest contributor in the overall mobile advertising market size in 2014, however in terms of growth, the market in North America is projected to expand at the highest CAGR.
○ The U.S. was leading in terms of expenditure on mobile advertising in 2014, followed by Japan.
Key questions answered in Mobile Advertising Market research study:
♦ What is the market growth rate of Mobile Advertising Market from 2020-2027?
♦ What will be the global market size of the market from 2020 to 2027?
♦ Who are the leading global players in the Mobile Advertising Market?
♦ What are the current trends and predicted trends?
♦ What are the challenges faced in the Mobile Advertising Market?
♦ Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
♦ Which will be the anticipated growth rates for your own Mobile Advertising Market economy altogether and also for every segment inside?
♦ Which will be the Mobile Advertising Market application and types and forecast accompanied closely by producers?
♦ What are the conclusions of the Mobile Advertising Market report?
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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