Press release
THE GLOBAL DIGITAL OUT OF HOME MARKET (DOOH) WAS VALUED AT USD 13.35 BILLION IN 2016 AND IS PROJECTED TO REACH USD 34.21 BILLION BY 2025 TOP KEY PLAYERS ARE PRISMVIEW LLC , JCDECAUX, BROADSIGN INTERNATIONAL LLC , MVIX, INC. , OUTFRONT MEDIA INC. , CLEAR C
The Global Digital Out of Home Market (DOOH) was valued at USD 13.35 billion in 2016 and is projected to reach USD 34.21 billion by 2025, growing at a CAGR of 11.02% from 2017 to 2025. Digital Out of Home or DOOH refers to digital media used for marketing purposes outside of the home. This includes any out-of-home (OOH) display, digital billboard or digital signage that can change its advertising content remotely using addressable electronic, LED, and screen technology but excludes TV advertising and radio advertising. Advantages of DOOH includes –it is likely to be well received by the consumers, it is flexible, enables business to reach their customers on the go, it is cost effective, allows the development of real-time campaigns.Request For Free Sample- https://www.kennethresearch.com/sample-request-10059782
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing demand for IoT and emergence of cloud platform
1.2 High usage of virtual and augmented reality in DOOH advertising
1.3 Rise in the adoption of audio-visual transit advertising
1.4 Innovations in display technologies
1.5 High investments on programmatic advertising
1.6 Increasing demand for improved DOH advertising space
2. Market Restraints
2.1 Rising trend of online advertisement
2.2 Poor standards for interoperability between devices
2.3 Development of equipments suitable for all weather conditions
Market Segmentation:
The Global Digital Out of Home Market (DOOH) is segmented on the application, product, vertical, and region.
1. Application:
1.1 Outdoor
1.2 Indoor
2. By Product:
2.1 Street Furniture
2.2 Billboard
2.3 Transit
3. By Vertical:
3.1 Infrastructural
3.1.1 Entertainment
3.1.2 Transportation
3.2 Commercial
3.2.1 Healthcare
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3.2.2 Corporate and Government
3.2.3 Retail
3.2.4 Hospitality
3.3 Institutional
3.3.1 Education
3.3.2 Banking, Financial Services and Insurance (BFSI)
3.4 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Lamar Advertising Company
2. Prismview LLC
3. JCDecaux
4. BroadSign International LLC
5. Mvix, Inc.
6. Outfront Media Inc.
7. Clear Channel Outdoor Holdings, Inc.
8. DaKTronics
9. oOh!Media Ltd.
10. NEC Display Solutions Ltd
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Read More- https://www.kennethresearch.com/report-details/global-digital-out-of-home-market-dooh-/10059782
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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