The Insight Partners - Syndicated, Custom Market Research Reports
Mobile Engagement Market Size and Share: 2031 Key Findings

Coverage: Mobile Engagement Market covers analysis By Solution (Push Notifications, SMS and MMS, IN-App Messaging, Emails, App/Web Content, Others); Enterprise Size (SMEs, Large Enterprises); Industry Vertical (Media and Entertainment, Financial services, Retail, Travel and Hospitality, Telecom and IT, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00011713
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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The Mobile Engagement Market is expected to register a CAGR of 36.4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report on the Mobile Engagement Market provides an in-depth analysis segmented by Application, Channel, and Region. It contains country-wise regional breakdowns that enlist major markets, exhibiting a global viewpoint. Market assessments are provided in US dollars (US$), hence delivering valuable insights into the market dynamics, growth trends, and competitive scenario for the different segments. These come pretty handy for stakeholders in leveraging the opportunities and making strategic decisions in this fast-growing marketplace of mobile engagement.

Purpose of the Report

The report Mobile Engagement Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Mobile Engagement Market Segmentation

Solution
  • Push Notifications
  • SMS and MMS
  • In-App Messaging
  • Emails
  • App/Web Content
Enterprise Size
  • SMEs
  • Large Enterprises
Industry Vertical
  • Media and Entertainment
  • Financial Services
  • Retail
  • Travel and Hospitality
  • Telecom and IT
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Mobile Engagement Market Growth Drivers
  • Importance of customer experience: The growing importance of customer experience in today's competitive landscape is driving the Mobile Engagement market. Customer retention and brand loyalty increasingly depend on the ability of an organization to provide personalized, interactive communication, which in turn depends on mobile engagement strategies.
  • Prevalence of smartphones and mobile apps: The prevalence of smartphones and mobile applications enables companies to reach users immediately through notifications, messaging, and in-app engagement.
  • Advances in mobile technology: Advances in mobile technology and data analytics going forward will let businesses serve targeted content based on behavior and preference for even higher levels of user engagement. Not only this, but the ever-growing popularity of social networks encourages every brand to use mobile engagement strategies for connecting with audiences in real time.
Mobile Engagement Market Future Trends
  • increased orientation towards artificial intelligence: The important trends witnessed in the Mobile Engagement market are an increased orientation towards artificial intelligence and machine learning in personalizing user experiences.
  • omnichannel engagement: There is more focus on omnichannel engagement strategies; thus, consistency in communications across multiple platforms is established.
  • use of gamification: The business world is considering the use of gamification techniques to increase user participation and retention. In addition, AR and VR are receiving considerable attention when it comes to their integration into mobile experiences, and immersive interactions have already been realized. Besides that, the increasing use of mobile wallets and contactless payment solutions results in more active customer participation in the transaction, while growing data privacy concerns drive companies to be transparent and ask users for consent to collect information.
Mobile Engagement Market Opportunities
  • Do-it-Yourself features: With the ever-changing customer demand, brands will be utilising Do-it-Yourself features, from personalized push notifications, in-app messaging or loyalty programs, all in hopes of creating better customer experience and higher retention. Rich use of analytics will see companies personalizing their engagement initiative for each subscriber according to their profile and personal attributes.
  • Omni-Channel Mobile Engagement: Consumers expect a seamless experience across multiple devices and touchpoints. Businesses can leverage mobile engagement platforms that integrate with other channels like email, social media, and web to create a unified experience.
  • APIs and integrations for better CX: These opportunities are now available to mobile app developers who can build things with these systems and any other system that has APIs and integrations that make user engagement somewhat frictionless and boost the addition of even more business services and additional cuts for marketers. Marketing agencies may be all over mobile engagement so they market services to help businesses execute multi-channel engagement between SMS, email, and social.
    In a few years, a customer experience consultant will help an organization optimize its human interface to appear even more ‘friendly’ by leaning towards the experience of using mobile interfaces for an engagement initiative. Similarly, today, with the emergence of augmented realm and virtual realm, two dimensions of interaction are shifting, giving way to a greater experience across new dimensions.
    That is why stakeholder businesses can leverage the speed at which valued customers increasingly demand mobile experiences as a rationale for creating more loyal customers that, in turn, drive increasing sales.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Mobile Engagement Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Mobile Engagement Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

This text is related
to segments covered.

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is expected CAGR in Mobile Engagement market?

The market is expected to register a CAGR of 36.4% during 2023–2031

What are factors impacting on Mobile Engagement market growth?

The need for personalized customer experiences and real-time engagement keeps the Mobile Engagement market growing. Increasing usage of smartphones along with rising customer retention needs will force companies to invest in strategies for mobile engagement, thus improving their communications and brand loyalty.

What are future trends in Mobile Engagement market?

Future trends emphasize AI-driven analytics for personalized content delivery and targeted messaging. The integration of chatbots and virtual assistants will enhance user interactions. Additionally, the focus on omnichannel strategies will ensure seamless customer experiences across various mobile platforms.

Which are key players in Mobile Engagement market?

Key players in mobile engagement market are - Adobe, Braze, IBM, Oracle, Salesforce.com Inc, Selligent Marketing Cloud, Swrve Inc, Tapjoy, Airship

What are the deliverable formats of Mobile Engagement market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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