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Digital Video Advertising Market Demand And Growth Analysis 2022-28

12-15-2022 08:08 AM CET | IT, New Media & Software

Press release from: Precision Business Insights

Digital Video Advertising Market Demand And Growth Analysis

According to Precision Business Insights (PBI), latest report, the global digital video advertising market size was valued at USD 26.6 billion in 2021, growing at a CAGR of 40.9% during the forecast period 2022-28. The primary factor that drives the market is the e-commerce industry's growing reliance on digital video advertising. Growing technological advancements have compelled the online retail industry to invest a sizable sum of money in digital video advertising to grow corporate productivity and attract and keep more customers.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/digital-video-advertising-market/

Desktop to Dominate the Digital video advertising Market:
Based on type, desktop segment registered the highest market share. The major factor for the rise of this segment is that alternative digital media outlets are becoming more popular as a result of consumers' evolving lives and interests. Advertisers are increasingly choosing the desktop as their preferred channel for advertising due to the widespread trend among users to access multimedia content via desktops and laptops for a better viewing experience. Desktops have bigger screens for advertisements, which has a bigger impact on audiences and motivates people to take specific actions like making purchases or signing up for particular services.

North America Digital video advertising Market:
North America is expected to leads the global digital video advertising market growth due to the considerable penetration of smartphones and smart televisions over the forecast period. The market for digital video advertising is also anticipated to grow during the projected period as more people switch from traditional cable TVs to OTT media delivery systems.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players
The global digital video advertising market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. April 19, 2022 - Tremor International releases an exclusive audience offering of high-reach TV viewership data infused with transaction data.

Request sample report at https://precisionbusinessinsights.com/request-sample/?product_id=64427

The digital video advertising market is segmented based on type, end-user, and region.
Based on the type:
• Desktop
• Mobile

Based on the end-user:
• Retail & E-commerce
• IT & Telecommunication
• Automotive
• BFSI
• Consumer Goods & Electronics
• Government
• Media & Entertainment
• Others

Based on the region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Request Methodology at https://precisionbusinessinsights.com/request-methodology?product_id=64427

Key players' profiles in the digital video advertising market report are Verizon Communications, RTL Group S.A, Publicis Groupe, Tremor International, Advertise.com, Longtail Ad Solutions, Viant Technology, PubMatic, ZypMedia, Inc., JW Player, Inc.

Contact:
Mr. Satya
Precision Business Insights | Toll-Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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