North America Market Forecast
North America industry is predicted to hold largest revenue share of NA% by 2037. The growth of the market can be attributed majorly to the dynamic rise of 5G technology in the region. For instance, in the United States at the end of 2019, there were around 1 million 5G service subscriptions. This figure is expected to rise to nearly 169 million by 2024. Further, the rising technological advancements, followed by the growing penetration of 4G LTE broadcasting, are another major factor that is estimated to drive the market growth further during the forecast period in the region.
Europe Market Forecast
Additionally, the Europe advanced mobile UX design services market is also estimated to display notable market growth by the end of 2037. The growth of the market can be attributed to the significant growth in the adoption of smartphones, coupled with the rapid increase in social media usage in the region. In addition to this, a surge in mobile gaming is another crucial factor that is projected to fuel the market growth further in the region throughout the projected time frame.
Author Credits: Abhishek Verma
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