What is Digital Advertising Platform?
Digital Advertising Platform is basically advertising online or on the internet. The rise of internet and its penetration around the world has driven the rise of Digital Advertising platforms. Along with the internet penetration, the increasing number of mobile phone users due to cheap mobile phone costs has also led to rise of digital advertising platform market. Social Media usage has also increased over the years especially in Asia Pacific and Africa, which opens a great prospectus of untapped unadvertised market. Easy deployment, low costs and precise targeting like features are primary points capitalised on by end users of Digital Advertising Platforms. The market of Digital Advertising has already crossed that of Print and Television and is expected to expand further with SMEs expected to be next big end users in Asia Pacific.
The market study is broken down by Type (Display Advertising, Mobile Advertising, Social Media Advertising and Video Advertising) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Google LLC (United States), Facebook Inc. (United States), Tencent Holdings Ltd. (United States), Twitter Inc. (United States), Baidu Inc. (China), Microsoft Corporation (United States), Verizon Media (United States), Yahoo Inc. (United States), Amazon.com, Inc (United States), Adobe Systems Inc. (United States), Pinterest (United States) and Snapchat (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are AdColony (United States), TubeMogul (United States), Airpush (United States) and Sharechat (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Digital Advertising Platform market by Type, Application and Region.
On the basis of geography, the market of Digital Advertising Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Retail will boost the Digital Advertising Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Software, the sub-segment i.e. Ad Network Software will boost the Digital Advertising Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform , the sub-segment i.e. Mobile will boost the Digital Advertising Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Brave, one of the emerging browser company, launched its advertising platform built primarily with the motive of securing privacy of users. The new platform will comes up with an innovative advertising strategy where users will receive 70% of revenues on each advertising for their attention.
Market Trend
- Demand Side Platforms are gaining popularity
Market Drivers
- Increasing Number of Smart Phone Users
- Raising Internet Penetration
- Cheaper Advertising Costs
Opportunities
- Capitalising on Emerging Economies
- Advertising through Social Media Influencers
Restraints
- Expensive Data Rates in Some Regions
- High Competition Due to Large Number of Players
Challenges
- Adoption of New Trends with Continuous Changing Dynamics
- Converting of Sales, Decreasing Sales Cycle
Key Target Audience
Digital Advertising Platform Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.