Global Mobile Messaging Services Market to Reach $1.1 Trillion by 2030
The global market for Mobile Messaging Services estimated at US$146.2 Billion in the year 2022, is projected to reach a revised size of US$1.1 Trillion by 2030, growing at a CAGR of 28.9% over the analysis period 2022-2030. Short Messaging Services, one of the segments analyzed in the report, is projected to record 30.3% CAGR and reach US$525.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Multimedia Messaging Services segment is readjusted to a revised 21.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $39.8 Billion, While China is Forecast to Grow at 37.6% CAGR
The Mobile Messaging Services market in the U.S. is estimated at US$39.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$315 Billion by the year 2030 trailing a CAGR of 37.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.3% and 25.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 23.7% CAGR.Select Competitors (Total 122 Featured) -
- BT GROUP PLC
- KDDI Corporation
- LM Ericsson Telefon AB
- Nokia Corporation
- Numerex Corporation
- Orange SA
- SK Telecom Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- T-Mobile US, Inc.
- Verisign, Inc.
- Verizon Communications, Inc.
- Vodafone Group PLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BT GROUP PLC
- KDDI Corporation
- LM Ericsson Telefon AB
- Nokia Corporation
- Numerex Corporation
- Orange SA
- SK Telecom Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- T-Mobile US, Inc.
- Verisign, Inc.
- Verizon Communications, Inc.
- Vodafone Group PLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 249 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 106.5 Billion |
Forecasted Market Value ( USD | $ 530.8 Billion |
Compound Annual Growth Rate | 25.8% |
Regions Covered | Global |