Press release
Demand Side Platforms for Programmatic Advertising Market Soars: Predicted To Reach 79.71 Billion USD by 2032, Exhibiting 19.7% CAGR
The latest report published by Dataintelo reveals that the global Demand Side Platforms (DSP) For Programmatic Advertising market size was USD 15.8 billion in 2023 and forecasts an expanding trajectory to reach USD 79.71 billion by 2032, registering a CAGR of 19.7% between 2024-2032. This considerable market growth is primarily credited to the targeting capabilities and data analysis features offered by DSPs.The report provides insight into the booming global market, which has been experiencing a growth surge recently, primarily fuelled by the increased allocation of internet-based advertising budgets from various sectors such as retail, hospitality, and automobile.
Industries across the board are increasingly leveraging programmatic platforms for advertising purposes due to the cost-effective and efficient means they provide to reach their target audience. DSPs, designed to allow businesses to manage multiple ad exchanges and data exchange accounts through one interface, serve as automated buying platforms where advertisers can purchase display ad inventory.
According to the report, it's the DSP's ability to streamline the ad purchase and placement process, coupled with its robust targeting capabilities, that make it an asset to the modern digital advertiser. Ultimately, these advancements in programmatic advertising technology are contributing to a surge in DSP adoption and subsequently a steep growth in the global market size
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/98148
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The demand side platforms (DSP) for programmatic advertising market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Cloud-based
โ On-premise
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Programmatic RTB
โ Programmatic Direct
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โ Mobile
โ Desktop
โ Video
โ Rich Media
โ Native
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
โ Retail
โ Automotive
โ Finance
โ Telecom
โ Travel
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ ๐๐๐๐ก๐๐จ๐ซ๐๐ง๐ญ, ๐๐ง๐.
โ Amazon (AAP)
โ AppNexus
โ BrightRoll
โ Choozle
โ DoubleClick
โ ๐๐ข๐ฏ๐๐๐๐ฆ๐ฉ
โ MediaMath
โ Rocket Fuel
โ TubeMogul
The demand side platforms (DSP) for programmatic advertising market has been categorically divided into types, applications, technologies, industries, and regions. Among types, the market is bifurcated into cloud-based and on-premise platforms. Although both types have witnessed significant growth, cloud-based DSPs are leading the sector owing to their cost-effectiveness, scalability, and efficiency. On the application front, the market has been divided into Programmatic RTB and Programmatic Direct. The surge in real time bidding (RTB) strategies has enhanced the marketing yield and customer engagement, stimulating the growth of the programmatic RTB segment.
From a regional perspective, Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa are the key areas. North America has been at the forefront of the DSP for programmatic advertising market due to the high adoption rate of new technologies in advertising and marketing. The Asia Pacific market, with its booming digital advertising sector, is predicted to demonstrate significant growth in the forthcoming years. The market across these regions is also defined by the presence of several key players including but not limited to AdTheorent, Inc., Amazon (AAP), AppNexus, BrightRoll, DoubleClick, and MediaMath. The competitive landscape of the market highlights the strategic initiatives taken by these players to consolidate their market positions and capitalize on the growing market opportunities
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/98148
Market Drivers for Demand Side Platforms (DSP) For Programmatic Advertising Market:
1. Increasing penetration of internet and digital platforms: The growing number of internet users around the world encourages advertisers to opt for programmatic advertising through DSPs for maximum reach.
2. Personalized customer experience: DSPs can analyze real-time data and offer advertisers the ability to deliver personalized ads to consumers. This level of personalization is a significant market driver.
3. Real-time bidding: DSPs automate the purchasing of advertising inventory in real-time, which enables advertisers to effectively target their preferred audience at the right cost. This significantly drives demand for DSPs.
4. Advanced data analytics: The ability of DSPs to generate insights about ad performance, audience behavior, etc., drives the market as advertisers prefer platforms that provide actionable data to optimize their strategies.
Opportunities for Demand Side Platforms (DSP) for Programmatic Advertising Market:
1. Growth in Mobile Advertising: With the proliferation of smartphones, there is an increasing opportunity for DSPs in mobile advertising.
2. Integration with AI and machine learning: AI-enabled DSPs could provide more efficient bid management, advanced targeting, and better fraud detection, thereby providing growth opportunities.
3. Emerging markets: Developing economies with growing digital adoption offer expansion opportunities for DSPs.
4. Video advertising: With the surge in online video content consumption, video programmatic advertising presents a significant opportunity for DSPs.
5. Cross-channel advertising: As brands look to deliver a consistent experience across multiple channels, DSPs that can offer cross-channel ad management will identify high-growth opportunities.
6. Innovation in ad formats: Emerging ad formats such as interactive ads, virtual reality ads, and augmented reality ads will provide new growth opportunities for the DSP market
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/98148
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๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐๐ฅ๐๐ฌ@๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ.๐๐จ๐ฆ
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