29-Apr-2021 | Zion Market Research
Some of key players in mobile advertising market are Smaato, Inc., Matomy Media Group Ltd., AppLovin Corporation, Epom Ltd., Mintegral International Ltd., Chartboost, Inc., Mobvista among others. These players are set to bolster the development of global mobile advertising market.
According to analysts at Zion Market Research, the global mobile advertising market accounted for USD 13.35 Billion in 2020 and is expected to reach USD 76.08 Billion by 2028, growing at a CAGR of 24.9% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Mobile Advertising Market By Format (Search, Native Social, Display, Video, In-App, Websites, and SMS), By Organization Size (SMEs and Large Enterprises), By Category (Arts & Entertainment, Hobbies & Interests, Society, Science, Style & Fashion, Technology & Computing, and Others), By End-Use (Retail, Media & Entertainment, Travel & Tourism, Automotive, Healthcare, IT & Telecom, BFSI, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Massive Rise In Mobile Internet Consumers To Magnify Market Revenue
Tremendous rise in the proportion of mobile internet users along with massive awareness pertaining to mobile advertisement are likely to play a vital role in the expansion of mobile advertising market. Apart from this, large-scale use of mobile equipment in myriad sectors will further lucratively impact mobile advertising market size over the years ahead.
Rise in the privacy & security concerns, however, is one of the major factors that can disrupt the growth of mobile advertising market. In addition, immense increase in adoption of ad blocker solutions is forecast to shrink mobile advertising market evolution in the years to come. Nevertheless, age-group related mobile advertising contents coupled with special advertising contents for low mobile connectivity areas are projected to offer huge growth potential for industry players in this mobile advertising market. This, in turn, is projected to normalize the impact of barriers on the mobile advertising market growth, reports the study.
Extensive Use Of Smart Phones To Soar North America’s Dominance
Regionally, North America has been leading the worldwide mobile advertising market and is anticipated to continue on the dominant position in the years to come. Massive penetration of mobiles and smartphones in the region is the main factor behind the dominance of the North America mobile advertising market. High competition witnessed between the market players for customer retention has not only significantly influenced the growth of mobile advertising market in North America but also created value for the mobile advertising solutions & activities. In addition, government institutions and BFSI sector have made substantial contributions towards mobile advertising market size. Reportedly, the U.S. is forecast to be key regional revenue pocket.
Browse the full “Mobile Advertising Market By Format (Search, Native Social, Display, Video, In-App, Websites, and SMS), By Organization Size (SMEs and Large Enterprises), By Category (Arts & Entertainment, Hobbies & Interests, Society, Science, Style & Fashion, Technology & Computing, and Others), By End-Use (Retail, Media & Entertainment, Travel & Tourism, Automotive, Healthcare, IT & Telecom, BFSI, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/mobile-advertising-market
The global mobile advertising market is segmented as follows:
By Organization Size
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