openPR Logo
Press release

Retail Media Networks Market Projected to Reach USD 30.89 Billion by 2030

Retail Media Networks Market

Retail Media Networks Market

๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐ž๐๐ข๐š ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ญ ๐ญ๐จ ๐‘๐ž๐š๐œ๐ก $๐Ÿ‘๐ŸŽ.๐Ÿ–๐Ÿ— ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ

The global retail media networks market is poised for significant growth, with projections indicating an increase from $20.02 billion in 2023 to $30.89 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.39%.

๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐ž๐๐ข๐š ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Retail media networks encompass the channels retailers use to advertise products or services to consumers at or near the point of purchase. This includes online advertising, in-store promotions, loyalty cards, and vouchers. The surge in e-commerce and advancements in mobile technology have significantly contributed to the expansion of this market. Notably, retail e-commerce sales in the United States escalated from $274.53 million in 2017 to $419.72 million in 2021, underscoring the growing consumer preference for online shopping.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/147754/

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž

Vietnam's retail sector is experiencing rapid digital transformation, with retailers increasingly adopting online platforms to reach a broader audience. The integration of retail media networks is creating new avenues for targeted advertising, enhancing consumer engagement, and driving sales growth.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…

In Thailand, the rise of mobile commerce is influencing retail media strategies. Retailers are leveraging mobile applications and social media platforms to deliver personalized advertisements, aligning with the country's high smartphone penetration and social media usage.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’

Japan's mature retail market is embracing retail media networks to enhance customer experiences. Retailers are utilizing data analytics to understand consumer behavior, enabling more effective and personalized advertising campaigns.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฌ๐’™๐’‘๐’‚๐’๐’”๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚

South Korea's advanced technological infrastructure supports the rapid adoption of retail media networks. Retailers are integrating online and offline channels to create seamless shopping experiences, utilizing targeted advertising to boost consumer engagement.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ซ๐’†๐’—๐’†๐’๐’๐’‘๐’Ž๐’†๐’๐’•๐’” ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†

Singapore's strategic position as a digital hub in Southeast Asia makes it a fertile ground for retail media network expansion. Retailers are adopting innovative advertising solutions to cater to the tech-savvy population, enhancing brand visibility and customer reach.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐’๐’Š๐’•๐’†๐’… ๐‘บ๐’•๐’‚๐’•๐’†๐’”

The U.S. retail media landscape is witnessing significant developments. For instance, ๐Œ๐จ๐ก๐ž๐ ๐š๐ง, entertainment resort company, has partnered with ๐‹๐ข๐ฏ๐ž๐‘๐š๐ฆ๐ฉ to launch the industry's first media network. This initiative allows advertisers to target visitors across Mohegan's resorts in the U.S., Canada, and South Korea through various digital channels, generating approximately 200 million potential ad impressions monthly.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฌ๐’™๐’‘๐’‚๐’๐’”๐’Š๐’๐’ ๐’Š๐’ ๐‘ช๐’‰๐’Š๐’๐’‚

China's dynamic e-commerce market is fostering the growth of retail media networks. Retailers are leveraging vast consumer data to implement precise targeting strategies, enhancing the effectiveness of advertising campaigns and driving higher conversion rates.

๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’†๐’…๐’Š๐’‚ ๐‘ต๐’†๐’•๐’˜๐’๐’“๐’Œ๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†

European retailers are increasingly adopting retail media networks to stay competitive. The focus is on integrating digital advertising within physical stores and online platforms, providing personalized shopping experiences and improving customer loyalty.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

In December 2024, ๐Š๐ซ๐จ๐ ๐ž๐ซ and ๐€๐ฅ๐›๐ž๐ซ๐ญ๐ฌ๐จ๐ง๐ฌ terminated their proposed $25 billion merger following antitrust concerns. Analysts suggest that both companies may now focus on expanding their advertising ventures, leveraging valuable first-party customer data to attract major advertisers. Kroger's retail media network, Kroger Precision Marketing, is projected to grow by 20% in 2024, while Albertsons continues to invest in its Albertsons Media Collective.

๐–๐š๐ฅ๐ฆ๐š๐ซ๐ญ has emerged as a significant player in the advertising industry through its U.S. ad business, Walmart Connect. The retail giant is leveraging its vast network of physical stores and online platforms to offer targeted advertising solutions, contributing significantly to its profits.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/147754/

๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐ž๐๐ข๐š ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐’ƒ๐’š ๐‘ป๐’š๐’‘๐’†

Search Ads
Display Ads

๐’ƒ๐’š ๐‘ช๐’๐’๐’–๐’… ๐‘ซ๐’†๐’‘๐’๐’๐’š๐’Ž๐’†๐’๐’•

Public Cloud
Private Cloud
Hybrid Cloud

๐’ƒ๐’š ๐‘จ๐’‘๐’‘๐’๐’Š๐’„๐’‚๐’•๐’Š๐’๐’

Consumer Goods
Catering
Other

According to Type, One of the most popular forms of advertising is search advertising, where advertisers pay (through an auction-based system) to have their ads appear above and below natural search engine results. Search ads are ads that appear when users search for specific keywords.

Google search ads are "pull" ads, whereas display ads are "push" ads. This is the main difference between the two types of ads. While display advertising are paid placements that show up to people who are already looking for your product or service, search ads are paid placements that show up based on a variety of targeting criteria. While the average conversion rate for display ads is only 0.57%, the average conversion rate for search campaigns is 4.40 percent across all industries.

๐“๐จ ๐Ÿ๐ข๐ง๐ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/request-sample/147754/

๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐ž๐๐ข๐š ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Walmart
2. Costco Wholesale Corporation
3. The Kroger Co.
4. Walgreens Boots Alliance Inc.
5. TESCO PLC
6. Amazon.com Inc.
7. METRO
8. Home Depot Product Authority LLC.
9. Target Brands Inc.
10. Best Buy
11. Inter IKEA Systems B.V
12. Carrefour SA
13. eBay Inc.

๐•๐ข๐ž๐ฐ ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ ๐“๐จ๐ฉ๐ข๐œ๐ฌ ๐๐จ๐ฐ:

Global Account Reconciliation Software Market https://www.maximizemarketresearch.com/market-report/global-account-reconciliation-software-market/104828/

Global Fiber Optic Transceivers Market https://www.maximizemarketresearch.com/market-report/global-fiber-optic-transceivers-market/77735/

Global Zirconia Based Dental Materials Market https://www.maximizemarketresearch.com/market-report/global-zirconia-based-dental-materials-market/114280/

Global Adhesives and Sealant Additives Market https://www.maximizemarketresearch.com/market-report/global-adhesives-and-sealant-additives-market/108195/

Global Water-Based Enamel Market https://www.maximizemarketresearch.com/market-report/global-water-based-enamel-market/116497/

Global Embedded AI Computing Platforms Market https://www.maximizemarketresearch.com/market-report/global-embedded-ai-computing-platforms-market/111905/

Canada Baby Food Market https://www.maximizemarketresearch.com/market-report/canada-baby-food-market/39863/

Circadian Rhythm Sleep Disorders Market https://www.maximizemarketresearch.com/market-report/global-circadian-rhythm-sleep-disorders-market/106659/

Global Eye Cosmetic Packaging Market https://www.maximizemarketresearch.com/market-report/global-eye-cosmetic-packaging-market/26227/

UK Dental Services Market https://www.maximizemarketresearch.com/market-report/uk-dental-services-market/222401/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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 Retail Media Networks Market Projected to Reach USD 30.89 Billion by 2030 here

News-ID: 3823964 • Views: โ€ฆ

More Releases from Maximize Market Research Pvt. Ltd.

Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion. Courier Services Market Overview The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions forโ€ฆ
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030). WealthTech Solutions Market Overview The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealthโ€ฆ
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR Growth
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G โ€ฆ
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn. Rapid Test Market Overview The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence ofโ€ฆ
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAGR Growth
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG โ€ฆ
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period. Agarwood Oil Market Overview Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widelyโ€ฆ

All 5 Releases


More Releases for Retail

Driving Retail Innovation: Blockchain Revolutionizes the Retail Sector
[City, Date] - Retail blockchain, hailed as a disruptive technology, is reshaping the retail sector by securely recording digital transactions on a distributed ledger. This innovative approach enables retailers to meticulously track stock origins, exercise precise control over their offerings, and instill trust across various applications including smart contracts, consumer experience management, transaction management, and supply chain management. The Blockchain in Retail Market is projected to reach $25.8 billion by 2029,โ€ฆ
Retail Clinics Market - Transforming healthcare delivery through retail clinics
Newark, New Castle, USA: The "Retail Clinics Market" provides a value chain analysis of revenue for the anticipated period from 2021 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Retail Clinics Market: https://www.growthplusreports.com/report/retail-clinics-market/7728 This latest report researches the industry structure, sales, revenue,โ€ฆ
India Retail Market Top Key Players โ€“ Reliance Retail, V Mart, D Mart, Pantalo โ€ฆ
Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. With the arrival of several new players, Indian retail has become one of the most dynamic and fast industries. The sector is the largest source of employment after agriculture and has deep penetration into rural India generating more than 10 per cent of Indiaโ€™s GDP. With the advancement inโ€ฆ
Retail IoT Software Market 2020-2026 | Coffee Cloud, Honeywell Connected Retail, โ€ฆ
The Research Insights has included a report, titled a global Retail IoT Software market to its extensive repository. This analytical report has been compiled by using primary and secondary research techniques. The global market research report offers in-depth analysis of global market trends, platforms, drivers, restraints and opportunities. It also presents a complete overview of the global market with respect to current statistics, historical records, and future predictions. Retail IoT softwareโ€ฆ
Global Organized Retail Market 2019 - Pantaloons Retail, Reliance Retail, Shoppe โ€ฆ
Organized retailing is the process of selling goods or merchandise all under one roof in a fixed location such as a departmental store, hypermarket, supermarket or even a convenience store. Organized retail also includes internet retailing, which is the process of buying and selling products and services, such as COD, card on delivery, or trial services, through the internet. Get Free Sample Copy of Report Here: http://bit.ly/2DdvEVA Scope of the Report: This reportโ€ฆ
Retail Display Industry Segment Analysis by Product Type Touch-screen retail dis โ€ฆ
The displays that are used in retail applications like POS systems, kiosks, ATMs, and digital signage are referred to as retail displays. The touchscreen displays segment in the retail sector accounted for the maximum market share during 2017. In 2018, the global Retail Display market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study,โ€ฆ