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QR Code Channel For Mobile Marketing Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast | Amazon.com Inc., Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Verizon Communications Inc.
QR Code Channel For Mobile Marketing Global Market Report 2024
As per the report, the QR code channel for mobile marketing market size has grown exponentially in recent years. It will grow from $36.03 billion in 2023 to $48.18 billion in 2024 at a compound annual growth rate (CAGR) of 33.8%. The QR code channel for mobile marketing market size is expected to see exponential growth in the next few years. It will grow to $155.46 billion in 2028 at a compound annual growth rate (CAGR) of 34.0%.
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Driving Growth Of QR Code Channel In Mobile Marketing Through Increased Smartphone Usage
The increasing use of smartphones is expected to propel the growth of the QR code channel for mobile marketing going forward. Smartphones refer to mobile devices that combine the functionality of traditional mobile phones with advanced computing capabilities. The increase in smartphone usage can be attributed to factors such as the proliferation of affordable devices offering advanced features and functionalities and expanding access to high-speed internet connectivity, driving greater adoption for communication, entertainment, and productivity purposes. QR codes provide a convenient and versatile tool for mobile marketing, allowing marketers to deliver targeted content, promotions, and transactions directly to consumers' smartphones, enhancing user engagement and driving conversions. For instance, in August 2022, according to Iron Source, an Israel-based software company, the number of smartphone users in Japan is projected to reach over 94% of the population, or 115.5 million users by 2027. Therefore, the increased use of smartphones is driving the growth of the quick response code channel for mobile marketing market.
Integration Of Next-Generation Conversational AI With QR Code Marketing Platforms
Major companies operating in the QR code channel for the mobile marketing market are focusing on developing advanced solutions, such as next-generation conversational AI platforms, to sustain their position in the market. A next-generation conversational AI platform is an advanced system that leverages cutting-edge technologies to enable natural and human-like interactions between users and machines. For instance, in May 2024, Verses AI Inc., a Canada-based computer software company, introduced a quick response code capability for Verse Capture. This feature allows customers to scan a QR code and instantly engage in a conversational AI-powered text conversation with the brand. This technology can capture contact information and other details from potential customers, enabling businesses to build a lead pipeline and analyze the success of their campaigns.
The QR code channel for mobile marketing market covered in this report is segmented -
1) By Component: Services, Platform
2) By Enterprise Size: Large Enterprises, Small And Medium Enterprises
3) By Vertical: Retail And E-Commerce, Travel And Logistics, Automotive, Banking, Financial Services And Insurance, Telecom And Information Technology, Other Verticals
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Major companies operating in the QR code channel for mobile marketing market are Amazon.com Inc., Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Verizon Communications Inc., AT&T Inc., Dell Technologies Inc., LG Electronics Inc., Intel Corporation, Hewlett Packard Inc, Vodafone Group Plc, Cisco Systems Inc., Qualcomm Incorporated, Oracle Corporation, Systems Applications and Products in Data Processing, SAP SE, Salesforce.com Inc., Etsy Inc., Iterable Inc., Barcodes Inc., Vibes Media LLC, TEC-IT Datenverarbeitung GmbH
Contents of the report:
1. Executive Summary
2. QR Code Channel For Mobile Marketing Market Report Structure
3. QR Code Channel For Mobile Marketing Market Trends And Strategies
4. QR Code Channel For Mobile Marketing Market - Macro Economic Scenario
5. QR Code Channel For Mobile Marketing Market Size And Growth
…..
27. QR Code Channel For Mobile Marketing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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