|By Business Wire||
|June 9, 2014 11:13 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/3lsbv9/global_mobile_ad) has announced the addition of the "Global Mobile Ad Spending Market 2012-2016" report to their offering.
The analysts forecast the Global Mobile Ad Spending market to grow at a CAGR of 44.67 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing number of smartphone users. The Global Mobile Ad Spending market has also been witnessing an increase in in-app advertising. However, increasing privacy issues could pose a challenge to the growth of this market.
The key vendors dominating this space include Apple Inc., Facebook Inc., Google Inc., and Pandora Media Inc.
The other vendors mentioned in the report are Millenial Media Inc. and Twitter Inc.
Commenting on the report, an analyst from the team said: One of the main trends witnessed in the Global Mobile Ad Spending market is Increasing In-app Advertising. The growing number of smartphone and feature phone users along with an increase in the average time spent in browsing the internet on mobile devices has currently led to the increase in in-app advertising. For instance, Angry Birds opted to use in-game advertising by showcasing floating advertisements by providing free download of its application. Further, there has been increasing in-app advertising for iPhone and Android users because of an overwhelming increase in the user base across these platforms. Advertisers have been increasingly using mobile applications for in-app advertising to generate additional revenue.
For more information visit http://www.researchandmarkets.com/research/3lsbv9/global_mobile_ad
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