August 29, 2022 05:06 ET | Source: Vantage Market Research Vantage Market Research
Pune, INDIA
WASHINGTON, Aug. 29, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Mobile Advertising Market finds that the increase in mobile devices, mobile internet users, and the time spent on mobile devices are likely to propel the Global Mobile Advertising Market growth during the forecast period.
The Global Mobile Advertising Market revenue is expected to reach a value USD 397.2 Billion in 2028.
The Global Market revenue was valued at USD 116.4 Billion in 2021 and is expected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 22.7% during the forecast period; states Vantage Market Research, in a report, titled “Mobile Advertising Market Size, Share & Trends Analysis Report by Format (Search, Native Social, Display, Video, SMS), by Category (Arts & Entertainment, Hobbies & Interests, Other Categories), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)”.
Key Industry Findings & Insights from the report:
Get Access to a Free Copy of Our Latest Sample Report @ https://www.vantagemarketresearch.com/mobile-advertising-market-1798/request-sample
Market Dynamics:
Driver:
Rise in Use of Smartphones to Drive the Market Growth
The global Mobile Advertising Market industry is being driven by the increasing smartphone and internet penetration globally and the growing demand for e-books, music, and social media apps. The ever-increasing popularity of smartphones is reshaping people’s way of having fun and communicating. In addition, smartphone users can access internet services via various apps. Also, people now perform many tasks such as shopping and accessing social media platforms, among others, through several other apps open in the market. Moreover, rapidly evolving technology has allowed users to buy clothes and food through mobiles. As a result, the ever-increasing surfing time of smartphone users is likely to propel the market’s growth.
Increasing Adoption of Location-based Technology Improves Customer Service Offerings
The surge in the adoption of location-based services is driving the Mobile Advertising Market expansion. The location-based marketing utilizes the mobile device users’ past and current locations to show related content. Furthermore, the worldwide growing advertisement expense is crucial to the Mobile Advertising Market. Besides, brands and businesses are investing in advertising and marketing activities to develop their customer base and brand awareness. This, in turn, will help the industry to grow in the future.
Purchase This Premium Report (Price 4500 USD for a single-user license) at @ https://www.vantagemarketresearch.com/buy-now/mobile-advertising-market-1798/0
Benefits of Purchasing Mobile Advertising Market Reports:
Segment Analysis:
The report on Mobile Advertising Market highlights:
Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/mobile-advertising-market-1798
Regional Analysis:
North America Leading the Global Mobile Advertising Market
North America dominated the Global Mobile Advertising Market and is expected to continue its dominance in the coming years. This is attributable to key factors such as the increase in digital channel expenses in the United States to improve product demand. Moreover, brands are focusing on keeping the customer engaged with games and are rewarding them for watching ads by giving extra points in different regions. Also, the region’s high population of technologically-proficient people and the presence of major industry players are responsible for the regional market augmentation.
List of Prominent Players in Mobile Advertising Market:
Browse market data Tables and Figures spread through 143 Pages and in-depth TOC on “Mobile Advertising Market Size, Share & Trends Analysis Report by Format (Search, Native Social, Display, Video, SMS), by Category (Arts & Entertainment, Hobbies & Interests, Other Categories), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)“.
Recent Developments:
March 2021: In Mobi, a Mobile Advertising Market technology company, and Gojek Tech, a Southeast Asia-focused mobile on-demand payment and service platform – started a partnership to advance advertising, identity resolution, and customer analytics for Southeast Asia. Using In Mobi’s mobile intelligence and Gojek Tech’s in-app engagement signals, brands can deterministically assess the impact of their online advertising purchases across platforms.
Key Questions Answered in The Report:
This market titled “Mobile Advertising Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
Customization of the Report:
The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.com or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
Browse More Related Report:
About Vantage Market Research:
We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.
Follow Us on LinkedIn: https://www.linkedin.com/company/vantage-market-research/
Follow Us on Twitter: https://twitter.com/vantagemarketr
Follow Us on Facebook: https://www.facebook.com/vantagemarketresearch
Contact us
Eric Kunz
6218 Georgia Avenue NW Ste 1 – 564
Washington DC 20011-5125
United States Tel: +1 202 380 9727
Email: sales@vantagemarketresearch.com
Website: https://www.vantagemarketresearch.com/
Latest Vantage Market Research Press Releases @https://www.vantagemarketresearch.com/insight/press-releases
Latest Vantage Market Research Blog @ https://www.vantagemarketresearch.com/insight/blogs
Blog: