Press release
Advertising, Public Relations, And Related Services Market 2021 Growth, Prominent Players: WPP PLC, Omnicom Group, Publicis Groupe SA
The Advertising, Public Relations, And Related Services Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The global advertising, public relations, and related services market is expected to grow from $691.41 billion in 2020 to $754.13 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $966.02 billion in 2025 at a CAGR of 6%.”
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Top Leading Companies of Advertising, Public Relations, And Related Services Market are - WPP PLC, Omnicom Group, Publicis Groupe SA, Dentsu Inc, Interpublic Group of Companies Inc and others.
The Advertising, Public Relations, And Related Services Market is segmented by Type and Application as follows:
1) By Type: Advertising Agencies, Billboard & Outdoor Advertising, Media Buying Agencies And Representative Firms, Print Advertising Distribution, Other Advertising Services, Public Relations, Direct Mail Advertising
2) By Application: BFSI, Consumer Goods and Retail, Government and Public Sector, IT & Telecom, Healthcare, Media & Entertainment
3) By Mode: Online, Offline
Subsegments Covered: TV, Digital, Print, OOH (Out-of-Home Advertising), Radio, Billboards, Street Furniture, Transit, Place-Based, Media Buying Agencies, Media Representative Firms
Advertisement and PR agencies are rapidly shifting towards digital campaigns due to increasing digitalization and advances in social media, search engine marketing, content marketing and e-commerce technology. As a result of increasing internet penetration and smartphone users, online content marketing campaigns are expected to be three times more effective than traditional ones and cost comparatively less. Such digital campaigns are targeted towards a growing user base of social media websites, such as Facebook, Twitter, Instagram and Pinterest, and other internet portals like Google and Netflix. Moreover, they allow businesses to track the performance and effectiveness through real-time information. This helps companies to plan their future PR campaigns and marketing strategies.
Asia Pacific was the largest region in the global advertising, public relations, and related services market, accounting for 33% of the market in 2020. North America was the second largest region accounting for 28% of the global advertising, public relations, and related services market. Africa was the smallest region in the global advertising, public relations, and related services market.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Advertising, Public Relations, And Related Services Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Advertising, Public Relations, And Related Services Market (%),2016 - 2030
- Advertising, Public Relations, And Related Services Market Share, By Brand
- Advertising, Public Relations, And Related Services Market Share, By Company
- Advertising, Public Relations, And Related Services Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Advertising, Public Relations, And Related Services Market Value Analysis & Forecast
- Promising Advertising, Public Relations, And Related Services Development by Major Companies
- Detailed Advertising, Public Relations, And Related Services Portfolio of the Major Companies
- Major Deals in the Advertising, Public Relations, And Related Services Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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