Global Mobile Engagement Market to Reach $500.8 Billion by 2030
The global market for Mobile Engagement estimated at US$55.2 Billion in the year 2023, is expected to reach US$500.8 Billion by 2030, growing at a CAGR of 37% over the analysis period 2023-2030. Push Notifications, one of the segments analyzed in the report, is expected to record a 39.9% CAGR and reach US$190.1 Billion by the end of the analysis period. Growth in the SMS & MMS segment is estimated at 37.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $14.1 Billion, While China is Forecast to Grow at 43.9% CAGR
The Mobile Engagement market in the U.S. is estimated at US$14.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$141.7 Billion by the year 2030 trailing a CAGR of 43.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 29.3% and 33.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 31.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$82.7 Billion by the year 2030.
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