Press release
Media Buying Agencies: Strategies and Global Market Opportunities 2024
Media Buying Agencies And Representative Firms Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=3507&type=smp
According to The Business Research Company's, The media buying agencies and representative firms market size has grown steadily in recent years. It will grow from $79.29 billion in 2023 to $82.94 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increasing number of events, growth in world population and rising advertisement expenditure.
The media buying agencies and representative firms market size is expected to see steady growth in the next few years. It will grow to $97.55 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to increase in mobile video viewing, increasing internet penetration, government support and growing young or millennial population. Major trends in the forecast period include leveraging artificial intelligence (ai) and machine learning (ml) to help marketers to run more experiments and to further develop new strategies, focusing on metaverse applications to interact with customers in virtual realistic settings, focusing on new product launches to stay competitive and meet the evolving needs and preferences of consumers, leveraging big data to help advertisers and companies better understand the customer ad preferences, focusing on digital services for more targeted and personalized campaigns and focusing on streaming services to capture audiences..
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/media-buying-agencies-and-representative-firms-global-market-report
Market Drivers and Trends:
An increasing number of political events, sports events, festivals, and high-budget movies is anticipated to contribute to the demand for media buying agencies and representative firms' market. For instance, for the 2020 US presidential elections, the Democratic Party has released ads in 14 Indian languages to encourage voters of Indian origin. For instance, in September 2023, according to the Federal Election Commission, a US-based agency of the United States government, presidential candidates running for office in 2024 reported total receipts of $167.9 million and disbursements of $65.0 million. Furthermore, in 2022, Coachella Valley Music and Arts Festival, an annual rock festival, draws in crowds of around 125,000 per day. That means that around 750,000 people attended the festival in total over the course of six days. As a result, crowd-gathering events such as political events, sporting events, and festivals are propelling the market for media buying agencies and representative firms.
Media buyers who use Artificial Intelligence (AI) for media optimization are gaining traction in the market for media buying agencies and representative firms. AI is changing the way advertising operations are run. According to Drift and Marketing Artificial Intelligence Institute, 2022 State of Marketing AI Report, the majority of respondents (51%) said AI is crucial or very important to their marketing success. In August 2021, BLKBOX.ai, a Facebook advertising management platform, launched an Intelligent Media Buying Platform, allowing businesses to scale profitably. Their SaaS-based intelligent and automated media buying platform generates profitable campaigns and scales ad spending threefold while cutting the time required to manage end-to-end media buying from six hours to six minutes. The platform enables big organizations, major corporations, and small and medium-sized businesses (SMBs) to expedite their digital campaigns by requiring only three inputs: creative assets, budget, and KPIs.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Honeywell International Inc, BYD Co.Ltd, The 3M Company, Intco Medical Technology Co. Ltd, Unicharm Corporation, Moldex-Metric, Kimberly-Clark Corporation, Alpha Pro-Tech, Prestige Ameritech, Ltd., The Gerson Company, Halyard Health, Salus Products, Louis M. Gerson Company, Inc, Shanghai Dasheng Health Products Manufacture Company, Ltd, DuPont, Toray Industries, Koken, Yamamoto Kogaku, Protect U, GE Healthcare, MSA Safety, Ambu, Teleflex, Irema, Kolmi-Hopen, Segetex-EIF, Macopharma, Paul Boyé Technologies, Cambridge Mask Co, Vostok Service, Technoavia, TD Trakt, Zelinsky Group Ltd, Respiratorniy Kompleks, Alvateks, CERVA GROUP a.s, Medline Industries, Johnson and Johnson, Dukal Corporation, Key Surgical, Dynarex Corporation, BD, Canada Medical Ltd, Medicom, CPMC, Fine Hygienic Holding, FLOWTRONIX, GreenLine, U-Mask
Media Buying Agencies And Representative Firms Market 2024 Key Insights:
• The media buying agencies and representative firms market size is expected to see steady growth in the next few years. It will grow to $97.55 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%.
• Demand For Media Buying Agencies And Representative Firms Rises With Increased Political, Sports, Festival, And Movie Events
• AI Transforming Media Buying In The Market
• North America was the largest region in the media buying agencies and representative firms market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=3507&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Media Buying Agencies: Strategies and Global Market Opportunities 2024 here
News-ID: 3767730 • Views: …
More Releases from The Business research company
Ventricular Assist Device Industry Outlook 2025-2029: Market Set to Cross $3.87 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Ventricular Assist Device Market Size By 2025?
The market size of the ventricular assist device has seen rapid expansion in recent years. A growth from $2.12 billion in 2024 to $2.37 billion in 2025 is projected, reflecting a compound annual growth rate (CAGR) of 11.8%.…
Key Trends Reshaping the Sunglasses Market: Leading Sunglass Brands Embrace AI W …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Sunglasses Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of sunglasses has been on a progressive rise. It is projected to increase from $18.11 billion in 2024 to an estimated $18.93 billion in 2025, experiencing a compound annual growth rate (CAGR) of…
Advanced Diagnostics And Treatments Drive Demand For PTA Balloon Catheters: A Ke …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
PTA Balloon Catheter Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the recent past, the market size for pta balloon catheter has seen substantial growth. The projections reveal that the growth scale will go up from $2.33 billion in 2024 to $2.56 billion in…
Soaring Demand Set to Propel Nuclear Medicine Diagnostics Market to $12.38 Billi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Nuclear Medicine Diagnostics Market Through 2025?
In recent years, the nuclear medicine diagnostics market has seen a quick expansion. The market's size will increase from $7.16 billion in 2024 to $7.88 billion in 2025 at a compound annual growth rate (CAGR) of…
More Releases for Media
Australia Media List, Canada Media List, UAE Media List & India Media List Launc …
Image: https://www.globalnewslines.com/uploads/2025/08/443de85e63aebde2f884eeb60ed1bdf0.jpg
Media List, a leading provider of high-quality media contact solutions, is thrilled to announce the launch of its latest offerings: specialized media lists for Australia, Canada, the United Arab Emirates (UAE), and India. These new additions to the Media List portfolio are designed to empower businesses, public relations professionals, and marketers with access to accurate and up-to-date media contact lists tailored to these dynamic global markets. By expanding its…
Media List Launches Australia Media List, Canada Media List, UAE Media List & In …
Media List, a leading provider of high-quality media contact solutions, is thrilled to announce the launch of its latest offerings: specialized media lists for Australia, Canada, the United Arab Emirates (UAE), and India. These new additions to the Media List portfolio are designed to empower businesses, public relations professionals, and marketers with access to accurate and up-to-date media contact lists tailored to these dynamic global markets. By expanding its services…
Media List Launches Entertainment Media List, Finance Media List, Manufacturing …
Media List, a leading provider of high-quality media contact lists, is excited to announce the launch of four new specialized media lists designed to connect businesses, marketers, and PR professionals with key media contacts in the entertainment, finance, manufacturing, and technology sectors. These meticulously curated media lists offer unparalleled access to journalists, editors, and influencers, enabling users to amplify their outreach efforts with precision and efficiency. These new offerings mark…
Digital Out-of-home Advertising Market Potential by 2031 Focus Media, Lamar Adve …
"[New York, December 2024] Digital Out-of-home (DOOH) Advertising is revolutionizing the way brands connect with consumers in public spaces. This innovative form of advertising extends conventional out-of-home methods by integrating digital technology, enabling dynamic content delivery tailored to real-time audience engagement. DOOH encompasses digital billboards, transit displays, interactive kiosks, and more, providing advertisers with the opportunity to reach consumers in high-traffic locations. Its significance lies in its ability to capture…
Social Media Management Market, Social Media Management Market Size, Social Medi …
The Social Media Management Market is growing rapidly as businesses increasingly rely on social platforms to engage with customers, build brand awareness, and drive digital marketing strategies. Social media management solutions help organizations streamline content creation, scheduling, analytics, and audience engagement across multiple platforms, enabling more efficient and effective campaigns. With the rise of data-driven marketing, these tools also provide valuable insights into user behavior, trends, and campaign performance. As…
Transit Advertising Market Size in 2023 To 2029 | Mega-Info Media Co.,Ltd., Yong …
The research report on Transit Advertising is a reliable and authoritative resource for executives, analysts, and managers. It offers an unbiased third-party perspective on market scenarios, bridging the gap between businesses and end customers. The report aims to provide comprehensive insights into manufacturers, including their benefits, limitations, trends, and market growth rates. It incorporates a SWOT analysis, evaluating the feasibility of investments and potential returns in the Transit Advertising market.…
