Global Mobile Marketing Market to Reach $618.7 Billion by 2030
The global market for Mobile Marketing estimated at US$210 Billion in the year 2023, is expected to reach US$618.7 Billion by 2030, growing at a CAGR of 16.7% over the analysis period 2023-2030. Mobile Web Marketing, one of the segments analyzed in the report, is expected to record a 17% CAGR and reach US$148.2 Billion by the end of the analysis period. Growth in the SMS Marketing segment is estimated at 15.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $54.6 Billion, While China is Forecast to Grow at 21.7% CAGR
The Mobile Marketing market in the U.S. is estimated at US$54.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$158 Billion by the year 2030 trailing a CAGR of 21.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.2% and 14.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$96.2 Billion by the year 2030.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook