Press release
Digital-Out-Of-Home (DOOH) Market: Competitors, Regional Analysis and Forecast To 2027
Global Digital-Out-Of-Home (DOOH) MarketThe Global Digital-Out-Of-Home (DOOH) Market was valued at USD 20.16 billion in 2019 which expected to reach USD 41.35 billion by 2027 at a CAGR 12.05%.
Digital- Out-Of-Home (DOOH) is refers to digital media which is present in environments that are accessible to the public. Examples of DOOH media include digital billboards and outdoor signage, and as networks of screens found in businesses such as Malls and healthcare providers. DOOH media is currently most commonly used for infrastructural, commercial, and institutional applications.
The increase in spending on programmatic advertising is key driving factor which expected to boost the global digital-out-of-home (DOOH) market growth during this forecast period. Furthermore, the growing focus on business intelligence and the rise in market competitiveness will positively influence the market growth. Also, continuous technological innovations in display technologies will propel the global digital-out-of-home (DOOH) market growth during this forecast timeline. Moreover, the increase in demand for Internet of Things (IoT) and emergence of the cloud platform is anticipated to drive the global digital-out-of-home (DOOH) market growth in near future. In addition, the growing utilization of commercial displays in the advertising sector is anticipated to support the market growth.
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The increase in trend of online/ broadcast advertisement is expected to hinder the global digital-out-of-home (DOOH) market growth. Also, lack of standards for interoperability between devices may affect the global digital-out-of-home (DOOH) market growth over the forecast period.
Key segments of the global Digital-Out-Of-Home (DOOH) market are also profiled in detail to understand the granular detail of the global Digital-Out-Of-Home (DOOH) market. Regional analysis of the global Digital-Out-Of-Home (DOOH) market is performed to provide readers with a clear idea of where the market is most likely to prosper in the coming years, and which regions are not that likely to host steady growth of the Digital-Out-Of-Home (DOOH) market over the forecast period.
Market Key Players
Various key players are discussed in this report such as Prismview LLC, Mvix, Inc., BroadSign International LLC, oOh!Media Ltd., DaKTronics, NEC Display Solutions Ltd, Clear Channel Outdoor Holdings, Inc., Outfront Media Inc., Lamar Advertising Company, JCDecaux, etc.
Market Taxonomy
By Format Type
• Billboard
• Transit
• Street Furniture
• Others
By Application
• Indoor
• Outdoor
By End User
• Automotive
• Personal Care & Household
• Retail
• Food & Beverages
• Telecom
• BFSI
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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