Market Research Future
Growing Adoption of Location-Based Services to Boost Mobile Advertising Market Growth
New York, US, Jan. 16, 2023 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Mobile Advertising Market, Research Report By Advertising Type, By Organization Size, By Vertical – Forecast 2030”. Valuation is poised to reach USD 651.1 Billion by 2030, registering a 13.70% CAGR throughout the forecast period (2022–2030).
Market Analysis
Eminent industry players profiled in the global mobile advertising market report include:
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Applovin Corporation (U.S.)
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Avazu Inc. (China)
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Inmobi Pte. Ltd. (Singapore)
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Flurry Inc. (U.K.)
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Matomy Media Group Ltd. (Israel)
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Chartboost Inc. (Netherland)
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Facebook Inc. (U.S.)
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Google Inc. (U.S.)
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Millennial Media Inc. (U.S.)
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Smaato Inc. (U.S.)
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Mobile Advertising Market Report Scope:
|
Report Metric |
Details |
|
Revenue forecast in 2030 |
USD 651.1 Billion |
|
Growth Rate |
CAGR of 13.7% from 2022 to 2030 |
|
Base Year |
2021 |
|
Forecast Period |
2022-2030 |
|
Historical Data |
2020 |
|
Forecast Units |
Value (USD Billion) |
|
Key Market Opportunities |
The rise of Mobile Advertising is expected to give worthwhile freedoms to market development. |
Drivers
Growing Adoption of Location-Based Services to Boost Market Growth
The growing adoption of location-based services will boost market growth over the forecast period. Mobile device users’ previous and present locations are used by location-based marketing to display pertinent content. The key driver of market expansion is an increase in global advertising spending. To expand their client base and brand awareness, brands and companies are investing more in advertising and marketing campaigns.
Browse In-depth Market Research Report (100 Pages) on Mobile Advertising Market:
https://www.marketresearchfuture.com/reports/mobile-advertising-market-4012
Opportunities
Rising Popularity of Smartphones to offer Robust Opportunities
The increasing use of cellphones is changing how people socialize and communicate. Through a variety of apps, smartphone users can now access online services. Additionally, people today use a variety of apps that are sold in the market to carry out numerous duties like shopping and accessing social media platforms, among others. Additionally, they have access to things like video games, social networking sites, movies, the internet, e-books, and music. For users of Android & iOS, apps similar to this can be found in the Play Store & the App Store. Additionally, users …….