08-Sep-2020 | Zion Market Research
As per the researchers at Zion Market Research, the valuation of the global In-App Advertising market was at about USD 80,598.70 million in 2019 and is projected to grow at a CAGR of about 19% during the forecast period. A few leading players actively participating in the global In-App Advertising market are Flurry, Inc., Tune, Inc., One by AOL, Tapjoy, Inc., Google AdMob, Glispa GmbH, BYYD Inc., Amobee, Inc., InMobi, and Chartboost. The market contenders spotlight on collaborations, strategic planning, and research activities to attain constructive growth.
Growing Mobile Advertisement Trends To Amplify Market Growth
The surge in the market growth over the estimated timeline can be attributed to mobile advertising that encompasses banner ads, video ads, and interstitials for promoting myriad brands and help in the brand positioning. Apart from this, the mobile commerce industry is scaling up new terrains of growth and this will provide impetus to the in-app advertising activities in the forthcoming years. Growing competition among the players to acquire a big chunk of the market share and need for creating brand awareness will translate into humungous market growth in the foreseeable future.
Messaging Segment To Dominate Application Landscape By 2026
The growth of the messaging segment over the forecast timeline can be ascribed to large-scale utilization of messaging in smartphones. Apart from this, easy availability of mobile applications without any charges along with escalating penetration of smartphones in nook & corner of the world will spearhead the segmental surge over the ensuing years. Apart from this, large utilization of mobile messaging apps in developing countries of Latin America and Asia Pacific will spur the growth of the segment in the coming years.
Asia Pacific Market To Witness Exponential Growth Over 2020-2026
The growth of the market in the sub-continent over forecast timespan is due to prominent rise in smartphone penetration in the emerging economies like China and India. Apart from this, presence of strong infrastructure facility along with surging urbanization will prompt the business growth in the region over the forecast timeline.
Recently, North America is the dominant regional market owing to easy availability of high-speed wireless internet connectivity and massive use of tablets & smartphones in the region.
Browse the full “Global In-App Advertising Market - by Platform (Android, iOS, and others), by Ad-Format (Video ad-format and Non-Video ad-format), by Application Type (Online shopping & fashion, Gaming, Entertainment & Social media, News & sports, and others) and by Region - Forecast to 2020-2026.” Report at https://www.zionmarketresearch.com/report/in-app-advertising-market
This report segments the in-app advertising market as follows:
By Application Type
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