Dublin, Sept. 27, 2023 (GLOBE NEWSWIRE) -- The "Mobile Social Networking: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global Mobile Social Networking market is on a remarkable growth trajectory, poised to reach an impressive $82.9 billion by 2030. In 2022, the market was valued at $53.1 billion, and this expansion is projected to continue, driven by a Compound Annual Growth Rate (CAGR) of 5.7% over the analysis period from 2022 to 2030.
Geographic Insights:
- The United States: In 2022, the Mobile Social Networking market in the U.S. reached an estimated $14.5 billion.
- China: China, the world's second-largest economy, is forecasted to achieve a market size of $19.5 billion by 2030, with an impressive CAGR of 10.3% from 2022 to 2030.
- Other Noteworthy Markets: Japan and Canada are each forecasted to grow at 1.6% and 4.7%, respectively, over the 2022-2030 period. Within Europe, Germany is expected to grow at approximately 2.6% CAGR.
Report Overview:
This comprehensive market report provides in-depth insights into the mobile social networking industry. It explores the ever-growing influence of social connectedness in today's society and examines recent market trends, taking into account the impact of COVID-19 and global economic conditions. The report places a spotlight on key players in the market, including Facebook, WhatsApp, Google, and others.
Furthermore, the report delves into crucial market dynamics, such as the shift towards visual-centric communication, the embrace of augmented and virtual reality, and the rise of live streaming. It provides a thorough analysis of the market's presence in various regions, including the United States, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The analysis includes discussions on key competitors and market dynamics.
Select Competitors:
- Facebook Inc.
- Google Inc.
- LINE Corporation
- LinkedIn Corporation
- Microsoft Corp.
- Reddit Inc.
- Snap Inc.
- Tencent Holdings Limited
- Tumblr Inc.
- Twitter Inc.
- Viber Media S.a r.l
- WhatsApp Inc.
- YouTube LLC
What's New?
The report also features special coverage on current global events, including the Russia-Ukraine war, global inflation, the easing of China's zero-COVID policy, and its 'bumpy' reopening. It addresses supply chain disruptions, global trade tensions, and the risk of a recession.
Moreover, the report offers insights into global competitiveness and key competitor market shares, as well as market presence across multiple geographies, categorized as Strong/Active/Niche/Trivial. It provides access to digital archives and a Research Platform, along with complimentary updates for one year.
For more information about this report visit https://www.researchandmarkets.com/r/z8atr9
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