Press release
Dynamic Growth Projected for Global Out-of-Home Advertising Market: Detailed Analysis and Insights on Key Drivers and Trends
Rapid economic growth in emerging markets, rising urbanization, and adoption of programmatic digital display advertisements contribute to the strong growth witnessed in the out-of-home advertising market.What Is The Projected Market Size Of The Global Out-of-Home Advertising Market And Its Growth Rate?
• The market size has grown strongly in recent years, from $33.9 billion in 2024 to $35.79 billion in 2025, at a compound annual growth rate (CAGR) of 5.6%.
• Several factors such as the rise of globalization, rapid technological advancements, and an increase in transit advertising have all contributed to the growth.
• The out-of-home advertising market size is expected to see steady growth in the next few years, reaching $43.15 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%.
What Is Driving The Growth In The Out-of-Home Advertising Market?
The growth of the out-of-home advertising market is largely driven by the increasing urban population. Rising traffic congestion and waiting time in urban areas due to higher population density creates more opportunities for out-of-home advertisements to engage audiences. According to the United Nations Conference on Trade and Development, the share of the urban population is expected to rise to 56.5 percent by 2021, and 79.5 percent in developed countries. With significant urban growth forecasted for countries such as India, China, and Nigeria, the growth of the out-of-home advertising market is likely to continue.
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Who Are the Key Players Driving Out-of-Home Advertising Market Growth?
Major companies operating in the out-of-home advertising market include:
•JCDecaux Group
•Clear Channel Outdoor Holdings, Inc
•Lamar Advertising Company
•OUTFRONT Media Inc,
•Focus Media Information Technology
•Stroer SE & Co KGaA
What Are The Key Trends In The Out-of-Home Advertising Market?
Key trends include:
•Investing in digital platforms to enhance viewer experience
•Offering interactive advertisements
•Deploying artificial intelligence in the ads
•Offering mobile integrated advertising
What Are The Segments Of The Global Out-of-Home Advertising Market?
The out-of-home advertising market covered in this report is segmented:
1)By Type: Billboard, Street Furniture, Transit, Other Types
2)By Platform: Static, Digital
3)By End User: Vehicle Industry, Food & Beverage Industry, Commercial And Personal Services, Consumer Goods, Health And Medical Industry, and Others
Which Region Leads The Out-of-Home Advertising Market?
Asia-Pacific held the largest share of the out-of-home advertising market in 2024, followed by North America. These two regions continue to be major markets for out-of-home advertising due to high urban populations and rapid technological advancements.
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What Is Covered In The Out-of-Home Advertising Market Global Market Report?
- Market Size Analysis: Analyze the Out-of-Home Advertising Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Out-of-Home Advertising Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Out-of-Home Advertising Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Out-of-Home Advertising Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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