Oct 20, 2020 (The Expresswire) -- Global “ Mobile Market ” Report 2020 - 2024 Provides Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Mobile market players. Also Provides Industry position and viewpoint of main regions based on major key players, country, product types, and end industries Mobile Market reports offer a detailed assessment of the Mobile including enabling technologies, current market situation, market assumptions, restraining factors.
Mobile Market Report Segmented by Regions : North America, Europe, Asia-Pacific (APAC), Middle East and Africa, Rest of World (ROW). This XYZ market research report focuses on theKey Manufacturers Profiles in DetailwithGranular Analysisof theMarket Share, Production Technology, Market Entry Strategies,Revenue ForecastsandRegional Analysisof the Market.
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The global mobile marketing market is expected to grow at a CAGR of over 25%, during the forecast period (2018 - 2023). The scope of the report is limited to solutions offered by various market players from various end-user sectors including retail, telecommunication, travel and logistics, education, automotive, broadcast and media. The regions considered under the scope of the report include Asia-Pacific, North America, Europe, South America, and Middle East and Africa.
Mobile marketing is the coherent multichannel promotion of products or services through mobile phone, devices, smartphones, and networks. Mobile marketing channels are the fastest growing mean to connect with the audience since customers check text messages more frequently than emails and as per a report by Marketo, approx. 97% of the text messages are read within 4 minutes of being sent. Hence, each message sent can be highly targeted with a higher response rate than any other means of communication.
Retail Sector to Dominate the Mobile Marketing Market over the Forecast Period
Mobile has already started to have a major impact on the retail industry and is increasing day-by-day. Consumers heavily rely on the mobile applications that are available on their devices to compare product prices, check the availability of the product at a store or just request to pick up a purchase from a store. Today, there are numerous retail mobile phone apps being developed to streamline their shopping experience through different marketing and promotional strategy.
Mobile Marketing Market
According to research conducted by Statistica, in 2016, the number of mobile apps that were downloaded was around 2.52 billion, and this figure is expected to reach 268.69 billion by 2020. With respect to the retail industry, studies have indicated that the use of retail store apps varies concerning the device available to the user.
Asia-Pacific to Hold the Highest Market Share Region in the Mobile Marketing Market
The APAC region is expected to be the largest revenue generator region for mobile marketing vendors during the forecast period, followed by North America. The market growth in developing countries of Asia-Pacific regions can be accounted for the enhancements in network connectivity, increasing number of unique mobile subscribers, growing 3G and 4G network, and increasing awareness among enterprises. The major vendors have adopted different types of organic and inorganic growth strategies such as new product launches, partnerships and collaborations, and mergers and acquisitions to expand their offerings in the mobile marketing market in the region. The mobile commerce segment is expected to witness the highest growth rate among solutions in this region, as this form of online advertisement is probably cheaper than using other advertising tactics.
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Here is the Top-List of Key-players of Mobile Market 2020:-
● Google Inc. ● Facebook Inc. ● OpenMarket ● Inc. ● Microsoft Corporation (Bing) ● Twitter Inc. ● APP PROMO ● InMobi Technologies Private Limited ● ATandT ● Inc. ● AdColony ● Inc. ● Pinterest ● Inc. ● GroundTruth ● Inc. ● Appency ● Inc. ● ComboApp ● Inc. ● Phonevalley S.A. ● Yodel ● Inc. ● Mozoo Mobile Group ● OATH Inc. (Millennial Media) ● Chartboost ● Inc. ● MoPub Inc. ● Amobee ● Inc. ● MobioÂTechnologies Inc. ● PreApps ● LLC ● Gomeeki Pty Limited
The report focuses on the global market, especially in the United States, Europe, China, Japan, South Korea, North America, and India.
Also, the Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions.
The Global Mobile market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The global Mobile market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
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