The advanced mobile UX design services market revenue assumed by the end of 2021 was USD 1.1 Billion. The market is expected to reach USD 2.2 Billion by 2032, as it is estimated to grow at a CAGR of 6.8% for 2022-2032.
| Attributes | Details |
|---|---|
| Estimated Year (2022) Market Value | USD 1.2 Billion |
| Projected Year (2032) Market Value | USD 2.2 Billion |
| CAGR% (2022 to 2032) | 6.8% |
| Top 5 Vendor Market Share | Around 28% |
This market focuses on person’s comfort level when engaging with a system whether it a web application, hardware, or software.
Advanced UX designs service provider places a priority on improving the design's accessibility, discoverability and effectiveness in order to enhance mobile users' interactive flow experiences. Numerous components implemented to improve the user experience include information, graphics, media, and functional architects, among others.
Advanced Mobile UX design services market consists on nearly 35% of the global User Experience (UX) market.
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Advanced Mobile UX Design Services market is assumed to grow at a CAGR of 6.8% for the forecast period.
With adoption of mobile phones rise in the mobile shopping, mobile banking, gaming and social media browsing leads to focus more on providing a streamlined and user-friendly experience. Demand for smartphones in the young generation are the major factors among others boosting this market.
In the past five years, the global information and communication business has seen a quick transition of web applications and internet services from computers to mobile devices.
The market for advanced mobile UX design services is being driven by factors such as increased adoption of 4G LTE infrastructure, rapid technological advancement, widespread acceptance of smartphones, increased demand for mobile devices among the younger generation, and increased need for phone-based communication.
It is now absolutely necessary for working, learning, obtaining essential services, and preserving communication due to the COVID-19 pandemic because of the digital transformation and implementation of communication technologies that was triggered.
Moreover, increase within the technical aspect and newness in the production styles of mobile phones and rise in the research and development activities and rising demand from the rising economies can produce new opportunities for this market in the forecast period.
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North America was the region estimated to hold the largest market share in 2021 of 21.2% and Europe is estimated to be the fastest growing region for Advanced Mobile UX Design Services market at a CAGR of 7.2%.
North America dominates the market for advanced mobile UX design services due to rapid technological changes such as operating system, communication technology and the growing adoption of 4G LTE infrastructure. Development of new mobile applications and launch of new smartphones with 5G technology are also contributing factors.
In Europe adoption of smartphone has grown significantly as social media browsing, gaming, and internet usage on these devices has grown rapidly. For example, according to a report from EuroStat Statistics, in 2019 approx. 92% adult population owned a mobile in Europe. Increasing smartphone penetration in countries such as the UK, Germany and France.
USA is always a good country for research and development centre in technologies. With this trend, many smartphone makers are eager to launch new products with better user interface and 5G services from here. In 2021, Apple, announced launching two new phones with 5G, better experience and enhanced performance graphics in – iPhone 12 Pro and iPhone 13 Pro.
Germany is one of the European economic engine which played a vital role in leading the European Union through the COVID-19 crisis. The adoption of new technologies and advancement in R&D in technologies allows Germany to compete with the world. Germany is leading the adoption plans for 5G smartphones, allowing for the advanced mobile UX design services to grow alongside.
According to EuroStat 35% of German businesses have already integrated 5G into their company, and 39% plan to integrate 5G within the next few years.
Due to these reasons, Germany is estimated to be a fast growing market at a CAGR of 6.9% for the forecast period.
Over the past five years, most large companies, especially in the retail, financial, telecommunications, technology and media industries, have been enthusiastic about digitizing their products and collaborating more effectively with their stakeholders.
These businesses are now looking at India as the next significant growth market. India can be a major player internationally in the coming years. This is because it makes UX relevant and, as a digital economy of 1.3 billion people, provides a clear growth path for the industry in the years to come.
For these reason India is estimated to grow at a CAGR of 5.3% for the forecast period
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The acceptance of digital media in various industries has increased the trend of using multiple streaming services. In education, videos can be used effectively in webinars and courses to improve teaching and learning processes. Also, the growing acceptance of cloud-based solutions has fueled this segment on other platforms as well.
Due to this factor, streaming is estimated to have the largest CAGR of 8.1% for the forecast period.
Advances in streaming have revolutionized video streaming, allowing platforms such as YouTube and Netflix to create platforms purpose-built for streaming, allowing consumers to access them from anywhere for a better viewing experience.
Apart from the massive growth in video based content, there is massive growth in e-commerce, mobile banking, social media and various other services and solutions that require smartphones and internet connection, over the past few years.
Due to these factors, online services were estimated to have a larger market share of 54.5% in 2021
Global players in the advanced mobile UX design services market include DXC Technology Company, Feathersoft, SoftServe Inc, Sourcebits, Inc., RapidValue Solutions, Space Chimp Media LLC, Infosys Limited, and Mindtree IT Solutions. With the spread of the Internet and smartphones, many progressive mobile UX design service start-ups have emerged, making the global market more competitive.
| Attribute | Details |
|---|---|
| Market value in 2021 | US$ 1.1 Billion |
| Market CAGR 2022 to 2032 | 6.8% |
| Share of top 5 players | Around 28% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value |
| Key Regions Covered | North America; Latin America; Europe; South Asia & Pacific; East Asia and the Middle East & Africa |
| Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey and South Africa |
| Key Segments Covered | System, Component, Application and Region |
| Key Companies Profiled | Infosys Limited; Mindtree IT Solutions; DXC Technology Company; RapidValue Solutions; Feathersoft; Sourcebits, Inc.; Space Chimp Media, LLC; SoftServe Inc.; Cutshort; Infoneotech |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
Some leading of the Advanced Mobile UX Design Services are Infosys Limited Mindtree IT Solutions., DXC Technology Company, RapidValue Solutions and Feathersoft.
North America is estimated to have the largest market share for the Advanced Mobile UX Design Services market during the forecast period of 21.2%.
A rapid shift of internet services and web applications from computers to mobile devices.
Web Browsing had the largest market share for the Advanced Mobile UX Design Services market of 34.2% in 2021.
Streaming has the highest CAGR of 8.1% for the forecast period.
U.S.A, Germany, India, China and Japan.
The market share of South Asia and Pacific for the year 2021 for the Advanced Mobile UX Design Services market was 15.6%.
Europe had a market share of 19.7% in 2021 for Advanced Mobile UX Design Services market.
Europe has the highest CAGR for the forecast period, which is 7.2%.
The estimated market value for Advanced Mobile UX Design Services market for the year 2022 is US$ 1.2 Bn.
For East Asia region, the CAGR for the forecast period is estimated to be 6.0% for the Advanced Mobile UX Design Services market.
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Advanced Mobile UX Design Services Market
