Industry Background:
The increasing technological advancements coupled with increasing digital spending by enterprises will help to boost the global Online Advertising market in the forecasted period. Online advertising is the process of using the internet as a medium to deliver marketing or promotional messages to an identified as well as intended audience. The COVID-19 pandemic is having a big impact on various industries, and digital advertising is not an exception. With the COVID-19 pandemic, business owners are assessing their marketing efforts and wondering whether if it is the best time to run online ads.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Google LLC(United States), Facebook, Inc(United States), Microsoft Corporation(United States), Twitter Inc.(United States), Adobe Systems Inc.(United States), Baidu, Inc. (China), Yahoo Inc. (United States), IAC/InterActiveCorp (United States), Amazon.com, Inc (United States) and Hulu, LLC (United States) |
According to AMA, the market for Online Advertising is expected to register a CAGR of 19.65% during the forecast period to 2027. This growth is primarily driven by The ongoing shift from Traditional to Online Advertising and Up surging Use of Mobile Devices and consumption of digital content.
Globally, a noticeable market trend is evident The emergence of novel advertising techniques coupled with the growing trend of mobile apps-based advertising
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Google LLC(United States), Facebook, Inc(United States), Microsoft Corporation(United States), Twitter Inc.(United States), Adobe Systems Inc.(United States), Baidu, Inc. (China), Yahoo Inc. (United States), IAC/InterActiveCorp (United States), Amazon.com, Inc (United States) and Hulu, LLC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global market for online advertising appears to be highly fragmented in terms of competition, owing to the presence of a large number of market players. A number of companies have been adopting mergers and acquisitions, collaborations, and partnerships to boost their profits.
Key Developments in the Market:
October 2020 - Microsoft Advertising introduced multi-factor authentication in Microsoft Advertising online. The company is now extending the rollout of multi-factor authentication to all users who sign in through a third-party application that uses the Microsoft Advertising API.
April 2020- Smartly.io, the leading social advertising automation platform for creative and performance marketers, today announced new innovative capabilities to its Pinterest solution. In close partnership with Pinterest, Smartly.io advanced its offering on the platform to enable brands to innovate and connect with customers in entirely new ways.
Influencing Trend:
The emergence of novel advertising techniques coupled with the growing trend of mobile apps-based advertising and Rapidly increasing investments associated with digital ads, particularly, online advertisements
Market Growth Drivers:
The ongoing shift from Traditional to Online Advertising and Up surging Use of Mobile Devices and consumption of digital content
Restraints:
Operational complexities and concerns over the effectiveness of communication in mature end-user industries due to the presence of incumbents
Opportunities:
The rising popularity of Social Media across the world and Introduction of Video Advertising/Video Streaming
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Online Advertising Market
- Analysis about New Entrants in Online Advertising Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Online Advertising Study Sheds Light on
The Online Advertising Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Online Advertising industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Online Advertising industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.