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Rising Demand for Cloud-Based Solutions and Services is Predicted to Propel the Cloud Advertising Industry

05-02-2023 09:01 AM CET | Media & Telecommunications

Press release from: Global Insight Services

Rising Demand for Cloud-Based Solutions and Services is

Cloud advertising is a type of online advertising that uses cloud computing technologies to deliver targeted ads to consumers. Cloud advertising platforms use data from a variety of sources to target ads to specific consumers. The data used to target ads can come from online activity, demographic information, and even offline data sources. Cloud advertising platforms use this data to create targeted ad campaigns that reach consumers across a variety of devices and platforms.

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Key Trends

There are a few key trends in Cloud Advertising technology that are worth mentioning. First, many companies are now using cloud-based advertising platforms to manage their campaigns. This allows them to take advantage of the scalability and flexibility that the cloud offers. Additionally, these platforms often provide a variety of tools and features that can help companies optimize their campaigns and improve their results.

Another trend that is worth mentioning is the use of data-driven methods to target ads. This means that ads are not only being targeted to specific demographics but are also being customized based on the specific interests and behaviors of individual users. This allows for much more effective and efficient use of advertising resources.

Read more about Cloud Advertising Market here: https://www.globalinsightservices.com/reports/cloud-advertising-market/

Key Drivers

The cloud advertising market is expected to grow at a significant pace during the forecast period. The rising demand for cloud-based solutions and services, the need for real-time data analytics, and the rising adoption of cloud-based advertising solutions by small and medium enterprises (SMEs) are some of the key factors driving the growth of the cloud advertising market.

The cloud advertising market is expected to be driven by the increasing demand for cloud-based solutions and services. The rising demand for cloud-based solutions and services is mainly attributed to the need for cost-effective and scalable solutions. Cloud-based solutions and services offer various benefits, such as pay-as-you-go model, which helps organizations to save on their IT infrastructure costs.

The cloud advertising market is expected to be driven by the need for real-time data analytics. The rising need for real-time data analytics is attributed to the need for understanding the customer behavior and preferences. In addition, real-time data analytics helps organizations to make better decisions and improve their marketing strategies. Cloud-based advertising solutions offer various features, such as real-time data analytics, which helps organizations to gain insights into the customer behavior and preferences.

The cloud advertising market is expected to be driven by the rising adoption of cloud-based advertising solutions by small and medium enterprises (SMEs). The rising adoption of cloud-based advertising solutions by SMEs is attributed to the various benefits offered by these solutions, such as cost-effectiveness, scalability, and flexibility.

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Market Segments

The cloud advertising market report is bifurcated on the basis of component, deployment mode, organization size, application, vertical and region. On the basis of component, it is segmented into platforms and services. Based on deployment mode, it is analyzed across public cloud and private cloud. By organization size, it is categorized into large enterprises and SMEs. By application, it is divided into campaign management, customer management, and others. By vertical, it is divided into BFSI, manufacturing, education, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Players

The cloud advertising market report includes players such as Oracle, Adobe, Google, Salesforce, SAP, IBM, Demandbase, Acquia, MediaMath, and Nielsen.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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