The article cited AMA's Global Digital Out of Home Market Study explored substantial growth with CAGR of 10.68%. According the report, Out-door advertising platform like malls can target huge audience hence preferable
is one of the primary growth factors for the market. Increasing availability of cost-effective displays
is also expected to contribute significantly to the Digital Out of Home market. Overall, Indoor
applications of Digital Out of Home, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as JCDecaux (France), Lamar Advertising Company (United States), Clear Channel Outdoor Holdings, Inc. (United States), OUTFRONT Media (United States), Prismview LLC (United States), Daktronics (United States), NEC Display Solutions, Ltd. (Japan), Stroer SE & Co. KGaA (Germany), Broadsign International LLC. (Canada), oOh!media Ltd. (Australia), Mvix, Inc. (United States) and Christie Digital Systems USA, Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Digital Out of Home market identified that the demand is rising in many different parts of the world as "Increasing attraction for visual display advertising with more technical features
". Furthermore, some recent industry insights like "In December 2023, VIOOH launches "VIOOH Connect", a platform enabling real-time data exchange between DOOH screens and nearby mobile devices, allowing for interactive and personalized ad experiences." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Digital Out of Home market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Digital Out of Home market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Digital Out of Home market tight? Which application/end-user category or Product Type [Billboard, Street Furniture and Transit] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Digital Out of Home market and other related sub-markets covered in the study.
o Key & emerging players in the Digital Out of Home market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Digital Out of Home market size is calculated using market estimation process, the Digital Out of Home market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Digital Out of Home market size has been validated using both top-down and bottom-up approaches.