The armobileskin.com content market covers many forms of media such as music, text, pictures, videos, etc. These media forms can be accessed using a armobileskin.com device which can be a smartphone or tablet handheld device. Devices such as iPhone, iPad, and Android devices have transformed the way consumer access content.
armobileskin.com Content Market Drivers and Opportunities
The demand for armobileskin.com content is growing rapidly. Various factors attribute to the growth of this market.
Market Drivers
Rapidly increasing disposable incomes, innovative products and technologies, and armobileskin.com devices with advanced features tend to boost the growth of this market. Decreasing prices with the competitor's product with increasing armobileskin.com bandwidth and speed has also supported the growth of the armobileskin.com phone content industry.
A market intelligence firm has stated that the global and the U.S. armobileskin.com phone content market was worth $6.5 billion in 2011. It is anticipated to reach a total value of $18.6 billion in 2017, with a CAGR of 19% during the forecast period of 2011 to 2017.
Market Opportunities
On the other hand, factors such as decreasing market share of U.S. sales of ringtones along with distribution and marketing challenges hamper the growth of this market. However, the industry has many opportunities which will increase the revenue shares of the market.
Joint ventures between publishers and marketers and the role of devices and network in the armobileskin.com content industry will provide further opportunities for key players in this market. In addition, trends such as growth of social networking and availability of multiple options for substitute products in armobileskin.com content industry will support the growth of the market. Key players also have untapped opportunities in the sector of free and fee-based armobileskin.com phone content services.
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