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Digital Ad Spending Market - Expected Revenue Growth | Emerging Trends | Global Industry Future

05-14-2020 03:48 PM CET | IT, New Media & Software

Press release from: Transparecy Market Research

Digital Ad Spending Market - Expected Revenue Growth | Emerging

Digital Ad Spending Market - Introduction
The growing digitization is encouraging advertisement companies to adopt digital advertisements that influence more number of customers, resulting in increased digital ad spending internationally. The growing digital ad spending market is the result of the increasing adoption of e-marketing across the globe. Top companies that provide the platform for digital advertisements are Google, Inc. Facebook, Inc., etc. which are some of the major shareholders in the digital advertisement market in regions such as North America and Europe.

Most major economies such as India, China, and the U.K. are expected to account for more than 50% of the digital ad spending in the coming years.
Increasing influence of social media expected to drive the digital ad spending market
The number of social media users have increased significantly in the past few years and are projected to rise further in the coming years.
Technological awareness and social media influence is the major reason for the population leaning toward social media.

Major retail companies have also realized that digital ads are the most influencing and convincing due to the adoption of an omni-channel approach for marketing.

TV ad spending has reduced due to the social media influence which drives digital ad spending in social media.

This in turn has given rise to adoption of digital ad spending, thus escalating the market growth.
Moreover, internet marketing, contextual advertising, and programmatic advertising are also expected to have a positive impact on the digital ad spending market.
Implementation of customer-centric approach drives the market

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Customers these days have become more digitally conscious due to their increasing participation in social media and because information on the web is easily accessible. Moreover, users nowadays are demanding speed in their daily transactions or online activities.

Thus, major companies are increasing their investments in the digital ad spending.
Exceeding customer expectations and providing solutions to implicit customer needs and explicit customer requests are the prime objectives of organizations these days. This obliges organizations to implement improved user experiences in order to engage more customers.
These factors drive the digital ad spending market globally.

North America expected to hold major share of the global digital ad spending market
In terms of region, the global digital ad spending market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

North America is expected to account for major share of the global digital ad spending market during the forecast period, due to advancements in technology and the introduction of airport biometrics with enhanced customer experience in the region.

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The major shareholder in this region is the U.S. which results in rising share of North America in the digital ad spending market.
The digital ad spending markets in Asia Pacific and Middle East & Africa are expected to expand at a significant rate during the forecast period.
Global Digital Ad Spending Market - Competitive Landscape

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Key Players Operating in the Global Digital Ad Spending Market

Google, Inc.
Facebook, Inc.
Amazon.com, Inc.
Microsoft Corporation
Verizon wireless
Apple, Inc.
Global Digital Ad Spending Market: Research Scope
Global Digital Ad Spending Market, by Touch Points
Social media
Gamification
Digital Marketing

Global Digital Ad Spending Market, by Business Type

Business to Business (B2B)
Business to Customer (B2C)
Business to Business to Customer (B2B2C)

Global Digital Ad Spending Market, by Enterprise Size
Small Enterprises
Medium Enterprises
Large Enterprises
Global Digital Ad Spending Market, by Industry

Banking
Insurance
Manufacturing
Public Sector
Telecommunications
Utilities
Retail and wholesale
Services & Consumers
Transport

Global Digital Ad Spending Market, by Application

Customer Awareness
Customer Engagement
Purchase & Relation

Global Digital Ad Spending Market, by Region

North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Russia
Italy
Spain
Nordics
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Singapore
Malaysia
South Korea
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Contact

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Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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