The global advanced mobile UX design services market is segmented and analyzed for demand and supply by service into streaming, web browsing, VoIP, micro-blog, and others. Out of these segments, the streaming segment is anticipated to grow at a significant rate over the forecast period. The growth of the segment can be attributed to the dynamically increasing trend of on-demand video and on-demand music among people, and the growing number of subscribers to streaming services throughout the world. For instance, live videos were estimated to account for approximately 81% of internet usage by the end of 2022 across the globe. Moreover, in 2020, live stream watch time increased by 251%. Furthermore, by the end of 2021, Netflix had around 224 million subscribers, an expansion of 17 million from the year 2019. Additionally, the dynamic surge in online conferences and video calls is another significant factor that is anticipated to accelerate the market’s growth throughout the forecast period.
The global advanced mobile UX design services market is also segmented and analyzed for demand and supply by product into online, and offline service. Amongst these two segments, the online segment is expected to garner a significant share during the coming years. The growth of the segment can be attributed to the worldwide massive increase in video-based content and live video streaming, coupled with a significant surge in e-commerce and other services that necessitate internet connections and smartphones. For instance, retail e-commerce sales in the United States hit approximately USD 260 billion in the second quarter of 2022. This is a 3% increase over the previous quarter. Since, the COVID- 19, outbreak e-commerce has grasped major growth as people have been shopping for a lot of things, such as personal care, medicines, groceries, household items, consumer durables, and so on, via online platforms. Therefore, such a massive surge in online shopping is estimated to boost segment growth further throughout the forecast period.
Our in-depth analysis of the global advanced mobile UX design services market includes the following segments:
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By Product |
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By Application |
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Author Credits: Abhishek Verma
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