Out of Home Advertising Market Recent Trends, Future Growth Analysis Forecasts 2027|Clear Channel Outdoor Holdings, Inc, oOh!media Limited, JCDecaux

The global Out of Home Advertising market size is projected to reach US$ 34.6 Billion by 2027, at a CAGR of 3.7% during 2021-2027. Among the other markets, media and advertising are likely to suffer a significant reduction in the amount of money that can be made available in the near future. While digital advertising platforms have largely succeeded in engaging consumers due to the apparent association between time spent at home and media consumption, the traditional Out-of-Home (OOH) advertising sector is expected to diminish in coming years.

Due to the increasing use of social media for connecting with family and friends in such an adverse global environment, social media advertising investments may rise faster than organic rates. Furthermore, in-game adverts are expected to garner a lot of traction from a small number of people. However, it is not guaranteed that a change in the consumer's lifestyle will result in changes in marketing strategy.

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Top Key Players Included in Out of Home Advertising Market Report: Clear Channel Outdoor Holdings, Inc, oOh!media Limited, JCDecaux, OUTFRONT Medias, Daktronics, Ströer, Lamar Advertising Company, Focus Media, Intersection

The COVID-19 pandemic has spread around the world, having a devastating impact on the Out of Home Advertising industry. COVID-19's global expansion has had an influence on a variety of sectors. When COVID-19 was designated a pandemic, the majority of countries implemented lockdowns making the world economy suffer from the lockdown. The COVID-19 pandemic has now had a significant impact on the Out of Home Advertising industry. Many nations have witnessed production halts, resulting in the closure of small businesses, which has had a significant impact on the Out of Home Advertising sector.

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Out of Home Advertising Market segment by Type:
Billboards
Malls
Transit Displays
Street Furniture
Place-based

Out of Home Advertising Market segment by Application:
Static
Digital

The primary goal of the Out of Home Advertising report is to provide information on the post-COVID-19 impact, which will assist market participants in evaluating their business strategies. This research also covers market segmentation based on major market players, types, end-users, and geographies. The different regions are North America, Europe, APAC, MEA, and South America.

FAQs:
1. Which segment of the Out of Home Advertising market are profiled based on the application?
2. By product, what are the segments of the Out of Home Advertising market?
3. Which notable companies in the global market have been listed in the report of the Out of Home Advertising market?
4. Which end-user is anticipated to take the lead in the market?

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