Visual-Centric Communication, Augmented Reality, and Live Streaming Drive Mobile Social Networking Industry

Dublin, Sept. 27, 2023 (GLOBE NEWSWIRE) -- The "Mobile Social Networking: Global Strategic Business Report" report has been added to'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.
  • Pinterest
  • 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

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Global Market for Mobile Social Networking

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