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Mobile News Apps Market Size Forecasted To Achieve 22.29 Billion By 2029 With Steady Growth
Mobile News Apps Market
What Is the Mobile News Apps Market Size and Projected Growth Rate?
The market for mobile news applications has seen significant expansion in the past few years. The industry size is predicted to increase from $14.14 billion in 2024 to $15.51 billion in 2025, with a compound annual growth rate (CAGR) of 9.7%. Factors contributing to this historical growth include the surge in smartphone usage, enhanced internet connections, the rise of citizen journalism, and a growing preference for local content, along with the broadening reach of 4G and 5G networks.Anticipated robust growth in the mobile news apps market will take its worth to $22.29 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9.5%. This expansion over the projected timeframe is credited to rising literacy rates, the surge in paid and premium news services, growing video news content, the ascent of mobile-first content, and an increase in social media use. Key emerging trends in this period are the deployment of AI and machine learning, the combination of varied multimedia formats, the introduction of augmented reality (AR) in news consumption, the improvement of user experience (UX) design, and advancements in technology.
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What Are the Major Segments in the Mobile News Apps Market?
The mobile news apps market covered in this report is segmented -
1) By App Type: News Aggregators, Publisher-Specific Apps, Social News Apps
2) By Operating System: iOS, Android, Windows, Other Operating Systems
3) By Revenue Model: Subscription-Based, Advertising-Based, Freemium
4) By End-User: Individual, Enterprises
Subsegments:
1) By News Aggregators: AI-Powered News Aggregators, Personalized News Feed Apps, Regional And Local News Aggregators, Multi-Source News Aggregators, Podcast And Audio News Aggregators
2) By Publisher-Specific Apps: Newspaper Publisher Apps, Magazine Publisher Apps, Digital-Only News Apps, Broadcast News Network Apps, Subscription-Based News Apps
3) By Social News Apps: Community-Driven News Apps, AI-Generated News Apps, Short-Form Video News Apps, Live Streaming News Apps, Trending Topic News Apps
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What Are The Driving Mobile News Apps Market Evolution?
The rising inclination towards digital media is projected to stimulate the development of the mobile news app market in the future. Digital media, which is content created, stored and transmitted digitally in the form of text, audio, video and graphics and primarily accessed via the internet and electronic devices, has seen an increase in preference due to its universal coverage, cost-effectiveness and ability to offer personalised experiences. This escalating inclination towards digital media has profoundly impacted mobile news app usage by increasing convenience, personalisation, and quick access to information, drawing users away from conventional media sources. For example, social media became the chief news source for 46% of 18-24-year-olds in 2023, a rise from 28% the previous year, according to February 2024 data shared by the Australian Communications and Media Authority, an independent Commonwealth statutory authority based in Australia. Thus, the swelling preference for digital media is spurring the growth of the mobile news app market.
Which Firms Dominate The Mobile News Apps Market Segments?
Major companies operating in the mobile news apps market are Apple Inc., Google LLC, Microsoft Corporation, Fox Corporation, Sky News, Bloomberg, British Broadcasting Corporation (BBC), Thomson Reuters Corp, The New York Times Company, Cable News Network (CNN), American Broadcasting Company (ABC), Associated Press (AP), USA Today Network, CBS Corporation, Reddit Inc., BuzzFeed Inc., Guardian Media Group, National Public Radio, Yahoo, SmartNews, Flipboard Inc., CNET Networks, Particle Media Inc., Read It Later Inc. (Pocket)
What Trends Are Expected to Dominate the Mobile News Apps Market in the Next 5 Years?
Major organizations within the mobile news app landscape are focusing on innovations in artificial intelligence like AI news apps, which they hope will provide an advantage over competition and improve the user experience. An AI news app is a digital platform that uses artificial intelligence algorithms to collect, customize, and present news content that aligns with the unique preferences of each user, thus increasing both engagement and efficiency in news consumption. For example, in November 2024, the US technology and media startup, Particle, launched the Particle AI-Powered News Reader App. This app provides AI-created summaries featuring multiple perspectives, a mode for simplifying stories as if explaining to a 5-year old, audio formats, and tools to tackle filter bubbles through its opposite sides feature. It also has interactive elements like an AI chatbot for queries, highlighted quotations, and profiles of journalists to increase user engagement. The app aims to improve news consumption with diverse story angles, by incorporating advanced AI capabilities like OpenAI's GPT-4 and Google AI, while also supporting publishers by providing source linking and driving traffic back to them.
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Which Is The Largest Region In The Mobile News Apps Market?
North America was the largest region in the mobile news apps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile news apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mobile News Apps Market?
2. What is the CAGR expected in the Mobile News Apps Market?
3. What Are the Key Innovations Transforming the Mobile News Apps Industry?
4. Which Region Is Leading the Mobile News Apps Market?
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