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Mobile Marketing Market Worth $15,287.4 Million by 2019


News provided by

MarketsandMarkets

Nov 27, 2014, 09:00 ET

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DALLAS, November 28, 2014 /PRNewswire/ --

According to new research report "Mobile Marketing Market by Solutions (SMS, MMS, Push Notifications, Mobile Emails, QR Codes, Location-Based Marketing, In-App Messages), Industry (Retail, Travel & Logistics, Automotive, BFSI, Telecom & IT, Media, Healthcare) - Global Forecast to 2019", published by MarketsandMarkets, defines the market for mobile marketing based on various solutions, user type, industry verticals, and regions with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends.

Browse 70 market data tables and 57 figures spread through 155 pages and in-depth TOC on "Mobile Marketing Market"

http://www.marketsandmarkets.com/Market-Reports/mobile-marketing-market-246836146.html

Early buyers will receive 10% customization on this report. 

With the current enormous rise in mobile devices and tablets across the globe, the mobile industry has been rapidly growing. The mobile channel offers an exciting opportunity for marketers that are yet to be fully embraced. The prolific advancements in the mobile marketing industry over the years have expansively enriched the experience for the customers. The arrival of these services has also enabled marketers with a specific customer base to extend its market presence and escalate its business value. Mobile marketing is considered to be highly trackable due to the ability of consumers to respond directly and immediately. Moreover, this practice can be used to track the efficiency of other marketing channels by including a direct response call to action feature.

In the last few years, mobile marketing has opened up new opportunities for enterprises to communicate and engage with their target audience in a more effective way. However, the potential of this tool has not been fully exploited due to the complex implementation process and lack of experience in mobile marketing among marketers is believed to attribute this shortcoming.

Due to current advancements in mobile technology, along with the rapid propagation and intrinsic characteristics of mobile devices, the mobile channel has developed as a new and potential tool for marketing activities. Moreover, the importance of mobile marketing in marketing practices is widely accepted due to the unique features of mobile media. Effective mobile marketing strategies therefore depend on the ability of firms to manage and operate mobile technologies and their respective features.

Mobile offers an impressive number of new opportunities to marketers to participate directly and in highly relevant ways with their customers. Therefore, today, majority of mobile marketing spend has been a replication of desktop, chiefly focused on marketing strategies.

The major vendors of the global Mobile Marketing Market are IBM Corportaion, SAP, Adobe Corporation, Salesforce, AT&T, SAS, Mobivity, Vibes, Salmat, and Oracle Corporation. The major forces driving this market are the increase in smartphone and tablet usage, mobile internet, increased usage of mobile applications and mobile web, and increased return on marketing spend.

Further Inquiry @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=246836146

MarketsandMarkets broadly segments the Mobile Marketing Market by region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by solution: Short Message Service (SMS), Multimedia Messaging Service (MMS), push notifications, mobile emails, QR codes, location-based marketing, and In-App messages; by user type: SMBs and large enterprises; by industry vertical: retail, travel and logistics, automotive, BFSI, telecom and IT, media and entertainment, healthcare, and others.

MarketsandMarkets forecasts the global Mobile Marketing Market to grow from $4,314.5 million in 2014 to $15,287.4 million by 2019, at a CAGR of 28.8%. In terms of regions, North America is expected to be the biggest market in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience increased market traction, during the forecast period.

Browse Related Report 

Cross-Platform & Mobile Advertising Market by Solutions (Campaign, Delivery, Reporting & Analytics, Proximity), by Advertising (Search, SMS/MMS/P2P Messaging, Rich Media, Coupons, In-App) - Worldwide Market Forecasts and Analysis (2013 - 2018)

http://www.marketsandmarkets.com/Market-Reports/mobile-advertising-market-944.html

Online Advertising Market by Search Engine Marketing, Display Advertising, Classifieds, Mobile, Video, Lead Generation, Rich Media - Global Advancements, Forecasts & Analysis (2014 - 2019)

http://www.marketsandmarkets.com/Market-Reports/online-advertising-market-163283909.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it

SOURCE MarketsandMarkets

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