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Small Screen, Big Impact: The Power of Mobile Advertising

04-11-2023 07:07 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Small Screen, Big Impact: The Power of Mobile Advertising

Over the past few years, the main focus of the report is on status, demand, future opportunities, forecast period and growth opportunities. Additionally, the survey report focuses on developments, manufacturing companies, key markets, investors, and cost capital. The aim of the mobile advertising market study is to provide an adequate idea of the market current scenario so that any enterprise or manufacturer does not experience any problems caused by lack of information.

Global juggernauts like Facebook, Snap, and Google have made significant investments in mobile advertising, indicating that this market has a very promising future.Mobile advertisements include search, social, programmatic, and video ads.Mobile advertising is valuable in both developed and developing economies, but the latter is more crucial than the former because millions of people frequently use their smartphones to access the Internet for the first time.

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The growth of social media, the availability of low-cost smartphones, and the quickly advancing 4G LTE network infrastructure in developing nations have all positively impacted the mobile advertising market.Large tech companies like Facebook and Google believe that this is the direction of advertising and have made significant financial investments to raise the overall profile of the mobile advertising market.Mobile-centric or even mobile-only advertising is on the rise as millions of users in developing nations use smartphones to access the internet for the first time.

Key players:

This report has profiled some of the important players that have been widely spread across the globe such as Amobee, Tune, Smaato, InMobi Technologies Private Limited, Millennial Media Inc, Pandora Media, Twitter, Chartboost, Facebook and Google, etc.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, brokers, customers, historical growth and future prospects of Mobile Advertising.

• The messaging segment has a single-digit revenue share in the mobile advertising market and is expected to lose market share over the forecast period. This segment has a relatively low CAGR in the mobile advertising market as customers do not typically read advertisements delivered in the form of messages. Companies looking to break into the messaging segment of the mobile advertising market are advised to look to the North America or APEJ regions as they are expected to surge beyond US$1.5 billion by the end of 2022.
• Search has a slightly over two-fifths revenue share in the mobile advertising market by format segment and is expected to increase its share. More than US$33 billion of absolute dollar opportunities await in the search segment of the mobile advertising market from 2017 to 2022. Poised to witness highest CAGR since APEJ
• The display segment accounted for more than half of the revenue share of the mobile advertising market by format in 2017, but is expected to lose market share going forward. The North American display sector is expected to be worth over US$ 20 billion by the end of 2022, so companies should target the North American display segment as the only region in the mobile advertising market.
• The Arts & Entertainment segment is quite popular in the mobile advertising market and accounts for the majority of revenue share in terms of categories. North America alone accounted for nearly one-third of the mobile advertising market for arts and entertainment at the end of 2017. Hobbies and interests have a much smaller revenue share in the mobile advertising market compared to the arts and entertainment segment. Nonetheless, it is difficult for key stakeholders in the mobile advertising market to ignore completely as this segment is projected to grow to a value of USD 16 billion by 2022.
• Companies studied in the mobile advertising market include Amobee, Tune, Smaato, InMobi Technologies Private Limited, Millennial Media Inc, Pandora Media, Twitter, Chartboost, Facebook and Google Inc.

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Recent Development on Mobile Advertising Market

As of my knowledge cutoff date in September 2021, the mobile advertising market has been experiencing several key developments. However, please note that market dynamics can change rapidly, and there may have been further developments since then. Here are some recent developments in the mobile advertising market:

1. Increased spending on mobile advertising: Mobile advertising continues to grow rapidly, with increased spending from advertisers. As more people use smartphones and mobile devices, advertisers are allocating larger portions of their advertising budgets to mobile platforms to reach their target audiences.
2. Shift towards in-app advertising: In-app advertising has become a dominant form of mobile advertising. As mobile users spend more time on apps, advertisers are focusing on in-app advertisements to engage users with targeted and personalized content. This trend has led to increased investment in app-based advertising formats, such as native ads and in-app video ads.
3. Emphasis on data-driven advertising: Data-driven advertising has gained significant traction in the mobile advertising market. Advertisers are leveraging user data and advanced targeting techniques to deliver more personalized and relevant ads to mobile users. This includes using technologies like machine learning, AI, and big data analytics to optimize ad targeting and performance.

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Regional coverage (regional production, demand and forecasts by country, etc.):

North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.)
Asia Pacific (China, India, Japan, Southeast Asia) etc.)
South America (Brazil, Argentina, etc.)
Middle East and Africa (Saudi Arabia, South Africa, etc.)

For Related Reports: -
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https://www.persistencemarketresearch.com/market-research/web-content-management-market.asp
https://www.persistencemarketresearch.com/market-research/voice-directed-warehousing-solution-market.asp
https://www.persistencemarketresearch.com/market-research/interactive-and-self-service-kiosk-market.asp

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About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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