MOBILE AD SPENDING MARKET 2016 TO GROW AT A CAGR OF 38.12% DURING THE PERIOD TO 2020
About Mobile Ad Spending
Mobile advertising (mobile ad) refers to the promotion activities done for marketing a product, service, or a brand by using mobile devices, such as cellphones and tablets, as a medium. Marketing intends to attract potential customers by delivering a message. Mobile ads are the paid form of non-personal announcement of an influential message. Mobile ad spending is calculated on the basis of expenditure made on different advertising formats used by companies, such as search-related, display-related, and message-based advertising.
Global mobile ad spending market to grow at a CAGR of 38.12% over the period 2015-2019.
About the Report
The new report draws attention towards the growing adoption of smartphones and tablets. The number of smartphones shipped around the world was more than 1 billion units in 2014, which is expected to double during the forecast period. The number of tablet users worldwide is also expected to increase over the same period.
“The rapid rise in the use and the sale of smartphones and tablets will support the growth of the mobile ad spending market in the near future,”.
The latest market research report also emphasizes the increased penetration of internet and mobile devices worldwide that has boosted mobile app downloads in the past few years. This is a trend that is expected to continue through to 2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global mobile ad spending market for the period 2015-2019. To calculate the market size, the report considers the revenue generated through mobile search advertising and mobile display advertising such as banners, in-app, videos, and rich media. The report consolidates revenues generated from the following regions:
Global Mobile Ad Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and APAC and EMEA; it also covers the global mobile ad spending market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Market Scope and Calculation of Market Size
The new report covers the present scenario and growth prospects of the global mobile ad spending market from 2015-2019. To calculate the market size, the report considers the revenue generated from mobile search advertising and mobile display advertising that includes banners, video, and rich media.
Key Information Covered in the Report:
Pandora Media Inc.
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