Market Forecast by Countries (United States, Canada), By Component (Platform , Services), By Organization Size (SMES, Large Enterprises), By Vertical (Retail and eCommerce, Travel and Logistics, Automotive, BFSI, Telecom and IT, Media and Entertainment, Healthcare, Others (includes energy, education, real estate, and utilities and power)), By Channel (Messaging, Push notification, Mobile Emails, Quick Response (QR) Code, Location-based Marketing, In-app Messages, Mobile Web, Others) And Competitive Landscape
Product Code: ETC4620579 | Publication Date: Jul 2023 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Mobile Marketing Market |
Forecast period | 2024-2030 |
CAGR | 14.9% |
Growing Sector | Technology |
The North America Mobile Marketing Market extensively covers the market by Countries, Component, Organization Size, Vertical, and Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America mobile marketing market is expected to witness significant growth due to increasing smartphone penetration, rising demand for personalized marketing strategies, and advancements in technology such as AR/VR and AI.
According to 6Wresearch, the North America Mobile Marketing Market is anticipated to register a substantial CAGR of 14.9% during the forecast period. The growth of the mobile marketing market in North America can be attributed to various factors, including increasing smartphone penetration, advancements in technology, and the rising demand for personalized marketing strategies. With the widespread use of smartphones and other mobile devices for daily activities such as shopping and banking, marketers are able to reach their target audience more effectively through various channels such as SMS, MMS, push notifications, and social media platforms. Additionally, the integration of technologies like AR/VR and AI has further enhanced the effectiveness and impact of mobile marketing campaigns.
Despite the significant growth opportunities, the North America Mobile Marketing Market also faces some challenges that may hinder its growth in the forecast period. One of the major challenges is the increasing privacy concerns among consumers, which has led to stricter regulations on data collection and usage. This puts a limitation on the amount of personalization that can be done through mobile marketing campaigns, which could affect their effectiveness. Additionally, with the growing number of mobile apps and platforms, there is increased competition for marketers to stand out and reach their target audience effectively.
Prominent players operating in the North America Mobile Marketing Market include Google Inc., IBM, Salesforce, Microsoft, Oracle, and Adobe Systems. These companies are focusing on strategies such as partnerships, mergers and acquisitions, product developments and innovations to strengthen their market position. Currently, IBM holds the largest share in the market.
The market is regulated by government policies and regulations to ensure fair competition and protect consumer rights. In the United States, the Federal Communications Commission (FCC) has established rules for mobile marketing solutions to ensure efficient use of resources and promote competition among service providers. Similarly, Canada's Radio-Television and Telecommunications Commission (CRTC) regulates telecommunications companies and sets standards for the deployment of these services.
The North America Mobile Marketing Market is expected to witness continued growth in the future, driven by the increasing adoption of mobile devices and advancements in technology. The region is also witnessing a growing trend of personalized and targeted marketing strategies, which is expected to drive the market further. As consumer behaviour and preferences continue to evolve, marketers will need to adapt and innovate their mobile marketing techniques to stay ahead in this competitive landscape. In addition, emerging technologies such as 5G networks, artificial intelligence, and augmented/virtual reality are expected to revolutionize the mobile marketing industry. These technologies will provide marketers with more opportunities for effective targeting and personalization, as well as real-time data and insights for better decision making.
According to Dhaval, Research Manager, 6Wresearch, The United States holds the largest share in the North America Mobile Marketing Market, primarily due to the strong presence of key market players in the country.
The platform segment is expected to hold the largest share in the North America Mobile Marketing market due to its critical role in enabling efficient mobile marketing campaigns.
SMEs are anticipated to hold the largest market share in the North America Mobile Marketing Market due to the immediate need for efficient mobile marketing solutions.
The Retail and E-commerce segment is expected to hold the largest share in the North America Mobile Marketing market due to the sector's significant usage of mobile marketing tools.
Messaging holds the largest share in the North America Mobile Marketing Market, primarily due to its widespread usage in mobile marketing strategies.
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Mobile Marketing Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Mobile Marketing Market Revenues & Volume, 2020 & 2030F |
3.3 North America Mobile Marketing Market - Industry Life Cycle |
3.4 North America Mobile Marketing Market - Porter's Five Forces |
3.5 North America Mobile Marketing Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Mobile Marketing Market Revenues & Volume Share, By Component, 2020 & 2030F |
3.7 North America Mobile Marketing Market Revenues & Volume Share, By Organization Size, 2020 & 2030F |
3.8 North America Mobile Marketing Market Revenues & Volume Share, By Vertical, 2020 & 2030F |
3.9 North America Mobile Marketing Market Revenues & Volume Share, By Channel, 2020 & 2030F |
4 North America Mobile Marketing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Mobile Marketing Market Trends |
6 North America Mobile Marketing Market, 2020 - 2030 |
6.1 North America Mobile Marketing Market, Revenues & Volume, By Component, 2020 - 2030 |
6.2 North America Mobile Marketing Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
6.3 North America Mobile Marketing Market, Revenues & Volume, By Vertical, 2020 - 2030 |
6.4 North America Mobile Marketing Market, Revenues & Volume, By Channel, 2020 - 2030 |
7 United States Mobile Marketing Market, 2020 - 2030 |
7.1 United States Mobile Marketing Market, Revenues & Volume, By Component, 2020 - 2030 |
7.2 United States Mobile Marketing Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
7.3 United States Mobile Marketing Market, Revenues & Volume, By Vertical, 2020 - 2030 |
7.4 United States Mobile Marketing Market, Revenues & Volume, By Channel, 2020 - 2030 |
8 Canada Mobile Marketing Market, 2020 - 2030 |
8.1 Canada Mobile Marketing Market, Revenues & Volume, By Component, 2020 - 2030 |
8.2 Canada Mobile Marketing Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
8.3 Canada Mobile Marketing Market, Revenues & Volume, By Vertical, 2020 - 2030 |
8.4 Canada Mobile Marketing Market, Revenues & Volume, By Channel, 2020 - 2030 |
9 North America Mobile Marketing Market Key Performance Indicators |
10 North America Mobile Marketing Market - Opportunity Assessment |
10.1 North America Mobile Marketing Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Mobile Marketing Market Opportunity Assessment, By Component, 2020 & 2030F |
10.3 North America Mobile Marketing Market Opportunity Assessment, By Organization Size, 2020 & 2030F |
10.4 North America Mobile Marketing Market Opportunity Assessment, By Vertical, 2020 & 2030F |
10.5 North America Mobile Marketing Market Opportunity Assessment, By Channel, 2020 & 2030F |
11 North America Mobile Marketing Market - Competitive Landscape |
11.1 North America Mobile Marketing Market Revenue Share, By Companies, 2023 |
11.2 North America Mobile Marketing Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |