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Digital Media Usage Sparks A Boom In The Digital Video Advertising Market: An Emerging Driver Transforming The Digital Video Advertising Market Landscape
The Digital Video Advertising Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Digital Video Advertising Market Size and Projected Growth Rate?
The size of the digital video advertising market has seen a significant increase over the last few years. It is projected to expand from $104.65 billion in 2024 to $140.18 billion in 2025, with a compound annual growth rate (CAGR) of 34.0%. Factors such as internet and mobile usage, data analytics and targeting, the rise in mobile app usage, integration of video in social media, as well as cost-effective production contributed to this growth during the historic period.
The market size for digital video advertising is projected to see a significant expansion in the coming years, reaching $458.37 billion in 2029 with a compound annual growth rate (CAGR) of 34.5%. This projected increase during the forecast period can be linked to the use of smart TVs and connected devices, the implementation of interactive video formats and programmatic advertising, the globalization of content, and vertical-specific content. Key trends to watch in this forecast period are the use of AI for ad optimization, 360-degree and VR video ads, the incorporation of user-generated content in video ads, measurement and attribution metrics, and cross-channel marketing.
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What Are the Major Segments in the Digital Video Advertising Market?
The digital video advertising market covered in this report is segmented -
1) By Advertisement Type: Linear Video Ad, Nonlinear Video Ad, In Stream Video Ad, Out Stream Video Ad, Other Advertisement Types
2) By Platform: Desktops, Mobile Devices, Tablets, Smart TV, Gaming Consoles, Bill Boards, Other Platforms
3) By End-User: Retail And E-Commerce, Automotive, BFSI, IT And Telecommunication, Consumer Goods And Electronics, Media And Entertainment, Government, Other End Users
Subsegments:
1) By Linear Video Ad: Traditional TV Ads, Pre-roll Ads, Mid-roll Ads, Post-roll Ads
2) By Nonlinear Video Ad: Overlay Ads, Interactive Ads, Companion Ads
3) By In Stream Video Ad: Video On Demand (VOD), Live Streaming Ads
4) By Out Stream Video Ad: In-Article Video Ads, Social Media Video Ads, Display Network Video Ads
5) By Other Advertisement Types: Sponsored Content, Native Video Ads
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What Are The Driving Digital Video Advertising Market Evolution?
The digital video advertising market's expansion is predicted to be propelled by a rise in digital media usage. Digital media are channels of communication that employ various machine-readable data formats. By advertising different company brands, digital media positively impact the digital video advertising market and the increased consumption of digital media across multiple platforms has introduced new opportunities. For example, as reported by Forbes, a global media company based in the US, global social media users hit a new high of 4.9 billion in 2023, and this figure is projected to increase to approximately 5.85 billion by 2027. Consequently, the growth of the digital video advertising market is fueled by the escalating usage of digital media.
Which Firms Dominate The Digital Video Advertising Market Segments?
Major companies operating in the digital video advertising market include Google LLC, Verizon Media, Comcast, Meta Platforms Inc., Tencent Holdings Ltd, ByteDance Ltd, Amazon Advertising, LinkedIn Corporation, Snap Inc., Twitter Inc., Hulu Ad Manager, Roku Inc., Pinterest Inc., The Trade Desk Inc., Youku Tudou Inc, Vimeo Ads, Tremor International Ltd, Samsung Ads, PubMatic Inc., PubMatic, Viant Technology LLC, Tubi Advertising, InMobi, Conversant LLC, ZypMedia, Adobe Advertising Cloud, Smaato, OpenX, AdColony, Magnite Inc., Criteo S.A., AdRoll, Amobee, Adform, Unity Technologies, Kargo Global Inc., Unity Ads
What Trends Are Driving Growth in The Digital Video Advertising Market?
Prominent enterprises in the digital video advertising market are concentrating their efforts on the inclusion of live images to elevate their advertising potential. Such a strategy paves the way for vibrant and appealing content that seizes viewers' interest, thereby amplifying brand exposure and engagement. For example, Amazon Ads, the online advertising segment of Amazon.com, Inc., a renowned American technology corporation, rolled out advanced AI-powered instruments in September 2024. These tools, designed to elevate the advertising potential for brands, encompass a Video Generator and Live Image feature, all operating off a single product image. These features facilitate the swift production of captivating video ads and animated images. The Video Generator allows marketers to create tailor-made videos highlighting essential product aspects within minutes and at no additional expenditure, efficiently addressing common time and budget constraints in video marketing.
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Which Is The Largest Region In The Digital Video Advertising Market?
North America will be the largest region in the digital video advertising market in 2024. The regions covered in the digital video advertising market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Digital Video Advertising Market?
2. What is the CAGR expected in the Digital Video Advertising Market?
3. What Are the Key Innovations Transforming the Digital Video Advertising Industry?
4. Which Region Is Leading the Digital Video Advertising Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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