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Contextual Advertising Market - Integration of VR and AR for the Digital Customer Engagement is predicated to ensure a fast development : TMR

09-15-2021 02:49 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

The global market for contextual advertising is expected to experience a promising growth in the next few years. The leading players in the market are investing heavily so as to develop new products, which is predicted to support the market growth in the next few years. Also, advancements and innovations are further predicted to drive the contextual advertising market in the near future. The opportunities, growth prospects, and the current trends in the global contextual advertising market have been thoroughly discussed in the coming few years. Moreover, the regional overview, product portfolio, and the competitive landscape of the market have also been stated in the scope of the research study.

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Global Contextual Advertising Market: Key Trends

The integration of virtual reality and augmented reality for the digital customer engagement is predicated to ensure a fast development of the contextual advertising market in the coming few years. On the contrary, the rising privacy issues owing to the behavior tracking and the changing conversion ratio due to the user annoyance are anticipated to inhibit the growth of the overall market in the near future. Nonetheless, the emergence of personalized marketing strategies is likely to supplement the market development in the next few years.

Global Contextual Advertising Market: Market Potential

The rising popularity and use of social media in developing as well as developed economies is one of the main factors, which is estimated to encourage the development of the contextual advertising market in the next few years. The rising trend of mobile advertising is estimated to support the growth of the development of the overall market in the coming few years. In addition to this, the increasing adoption of Big Data analytics and Artificial intelligence in digital marketing is further anticipated to accelerate the growth of the contextual advertising market in the next few years.

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Global Contextual Advertising Market: Regional Outlook

The global market for contextual advertising has been divided in terms of geography into five segments. Among these, The North America market for contextual advertising is projected to account for a huge share of the market in the next few years. The presence of several leading players is one of the key factors is projected to enhance the growth of the contextual advertising market in the next few years. In addition to this, the rise in the number of smartphones and social media users are estimated to ensure a rapid growth of this region in the next few years. Furthermore, the rising penetration of mobile devices in Canada and the U.S. is estimated to accelerate the growth of the market in the coming years.

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Global Contextual Advertising Market: Competitive Analysis

The contextual advertising market is at an emerging stage and is expected to experience a positive growth over the next few years. Several new players are likely to enter the market in the coming years, thanks to the lucrative opportunities that market holds. This is also expected to strengthen the development of the market in the coming years. Also, innovations and developments in the field are estimated to support the growth of the market in the next few years. Some of the major companies that are engaged in the contextual advertising market across the globe are Media.Net, Facebook, IAC, Amobee, Flurry, Yahoo, Sap, Amazon.Com, Millennial Media, Marketo, Google, Microsoft, Aol, Adobe Systems, and Twitter.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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