Press release
Programmatic Advertising Market Share, Size, Growth Strategies And Demand Factors Report To 2032
Programmatic Advertising Global Market
The Business Research Company's Programmatic Advertising Global Market Report 2023 identifies increasing growth of the mobile industry as the major driver for the Programmatic Advertising market's growth in the forecast period. The increasing population, advancing technologies, and increased use of the internet are contributing to the development of the mobile industry. Internet and the use of mobiles have become the universal source of information for millions of people, at home, at school, and at work. The increasing growth of the mobile market coupled with the advancements will enhance the programmatic advertising as it enables automation, improve data quality, and structure all data in a better and smarter software application for targeting the appropriate user at the lowest operational cost.
The global programmatic advertising market size grew from $7.31 billion in 2022 to $8.87 billion in 2023 at a compound annual growth rate (CAGR) of 21.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The programmatic advertising market size is expected to grow to $19.12 billion in 2027 at a CAGR of 21.2%.
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Major competitors in the Programmatic Advertising market are Adobe, AdReady, AdRoll, Magnite Inc., Baidu Inc., Basis Technologies, Choozle, DoubleClick, Tencent Holdings Ltd., Yahoo, Google, DataXu, AOL, Amazon.com Inc., Outbrain, Media.net and Microsoft.
A key trend in the Programmatic Advertising market includes Technological advancement. The market is witnessing the implementation of next-generation technologies into programmatic advertising such as data science in addition to AI (artificial intelligence) & ML (machine learning), text API (application programming interface), CRM (customer relationship management) software, and others. These advanced programmatic advertising solutions offer end-to-end engagement and better optimization in addition to automation. Major companies operating in the programmatic advertising market are focused on providing technologically advanced programmatic advertising solutions to acquire more customers and strengthen their market position.
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The Programmatic Advertising market is segmented -
1) By Media Type: Audio Ads, DOOH, Digital Display, Social Ads, Video Ads
2) By Device: Mobile, Desktop
3) By Enterprise Size: SMBs, Large Enterprises
4) By End User: Education, Media And Entertainment, Retail, Travel
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Programmatic Advertising market.
The Business Research Company's "Global Programmatic Advertising Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Programmatic Advertising Market Include:
1. Executive Summary
2. Programmatic Advertising Market Characteristics
3. Programmatic Advertising Market Trends And Strategies
4. Programmatic Advertising Market - Macro Economic Scenario
5. Programmatic Advertising Market Size And Growth
……
27. Programmatic Advertising Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Programmatic Advertising Market
29. Programmatic Advertising Market Future Outlook And Potential Analysis
30. Appendix
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