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In-app Advertising Market Size, Trends & Forecast Analysis Report 2024-232

Posted by rockyrai on November 15, 2024 - 5:40am

Global In-App Advertising Market Statistics: USD 728.7 Billion Value by 2032

Summary:

  • The global in-app advertising market size reached USD 163.2 Billion in 2023.
  • The market is expected to reach USD 728.7 Billion by 2032, exhibiting a growth rate (CAGR) of 17.5% during 2024-2032.
  • Asia Pacific leads the market, accounting for the largest in-app advertising market share.
  • Banner ads account for the majority of the market share in the advertising type segment.
  • Android holds the largest share in the in-app advertising industry.
  • Messaging represents the leading application segment.
  • The rising penetration of smartphones is a primary driver of the in-app advertising market.
  • Technological advancements and the emergence of programmatic advertising are reshaping the in-app advertising market.

Industry Trends and Drivers:

  • Growing penetration of smartphones:

Smartphones are becoming more affordable and accessible, which is increasing the number of users spending notable time on mobile applications. This rise in mobile app usage provides a vast opportunity for advertisers to reach a diverse and engaged audience. Applications across various categories, such as gaming, social media, and shopping, serve as effective platforms for delivering targeted advertisements. In-app ads can be more precisely targeted than traditional web-based ads, as they leverage user data like location, behavior, and preferences. This allows advertisers to create personalized campaigns that resonate with users, enhancing the effectiveness of the ads. The increasing smartphone adoption, particularly in emerging markets, is supporting the market growth.

  • Advancements in ad targeting technology:

Modern technologies, such as artificial intelligence (AI) and machine learning (ML), are enabling advertisers better to understand user behavior, preferences, and engagement patterns. These insights allow for highly targeted advertising campaigns that can be tailored to individual user profiles, resulting in more effective ad delivery. Moreover, predictive analytics are being employed to anticipate user needs, which enhances ad relevance and increases the likelihood of conversion. The growing ability to target users based on real-time data, including location and app usage patterns, is making in-app ads far more precise than traditional forms of advertising. This technological progress in targeting is enabling businesses reach their desired audiences with greater efficiency.

  • Emergence of programmatic advertising:

Programmatic advertising automates the process of buying and selling ad space using algorithms and data insights, offering more efficient and precise ad placements. This technology enables advertisers to deliver ads to users based on their real-time behavior and preferences, resulting in higher engagement rates and improved return on investment (ROI). The integration of AI and ML in programmatic systems further enhances the ability to analyze large datasets, allowing advertisers to make instant adjustments to campaigns for optimal performance. Programmatic advertising also streamlines the entire ad-buying process, reducing manual intervention and human error. More businesses are recognizing the cost-efficiency and effectiveness of programmatic strategies, which is leading to the adoption of in-app advertising for more sophisticated and data-driven campaigns.

Request for a sample copy of this report: https://www.imarcgroup.com/in-app-advertising-market/requestsample

In-App Advertising Market Report Segmentation:

Breakup By Advertising Type:

  • Banner Ads
  • Interstitial Ads
  • Rich Media Ads
  • Video Ads
  • Others

Banner ads exhibit a clear dominance in the market due to their widespread use, cost-effectiveness, and ease of integration into mobile apps.

Breakup By Platform:

  • Android
  • iOS
  • Others

Android represents the largest segment attributed to its extensive user base and higher number of app downloads compared to other platforms.

Breakup By Application:

  • Messaging
  • Entertainment
  • Gaming
  • Online Shopping
  • Payment and Ticketing
  • Others

Messaging holds the biggest market share, as in-app advertising within messaging apps reaches a large and engaged audience frequently interacting with the platform.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Asia Pacific dominates the market owing to the rising adoption of smartphones and the increased use of apps in emerging markets across the region.

Top In-App Advertising Market Leaders:

The in-app advertising market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • Amobee Inc. (Singapore Telecommunications Limited)
  • Apple Inc.
  • BYYD Inc.
  • Chartboost Inc.
  • Facebook Inc.
  • Flurry Inc. (Verizon Media)
  • Google AdMob (Google Inc.)
  • InMobi (InMobi Pte Ltd.)
  • MoPub Inc. (Twitter)
  • One by AOL (AOL)
  • Tapjoy Inc.
  • Tune Inc.

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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