Digital Out of Home (OOH) Advertising Market Overview, Growth Trends, Segmentation, Key Players (2024-2031)


Posted October 3, 2024 by anithayadav

The Global Digital Out of Home (OOH) Advertising Market is estimated to grow at a CAGR of 13.5% within the forecast period (2024-2031).

 
Overview
Digital Out-of-Home (DOOH) advertising is a type of outdoor advertising that integrates traditional out-of-home advertising with digital elements. DOOH advertising is interactive and engaging, utilizing digital platforms and features displayed at various locations in public spaces.

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Market Growth Trends
A distinct shift in media towards digital technology and adoption of the latest technologies and devices
The adoption of digital solutions is transforming traditional outdoor advertising, historically sluggish, into a highly dynamic area of growth. Digital innovations, such as digital billboards, are three times more impactful than static billboards. Moreover, emerging technologies provide valuable data and strategic insights that can be used to optimize OOH ads in real-time, making them more interactive than static messaging.
One significant advantage of digital technologies in outdoor advertising is that, given the expanding consumer base, they offer higher relevance and engagement at a comparatively lower cost per impression. These factors are key drivers shaping the future market of DOOH advertising.

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Market is Segmented
• By Format: Digital Billboards, Ambient Advertising, Video Advertising, Others
• By Location: Outdoor, Indoor
• By End-User: Transporation, Retail, Banking, Education, Healthcare, Food & Beverages, Others
• By Region: North America, Europe, South America, Asia-Pacific, Middle East, and Africa

Market Key Players
• JCDecaux
• Clear Channel Outdoor Holdings, Inc.
• Lamar Advertising Company
• Broadsign International LLC
• OUTFRONT Media
• oOh!media Limited
• Focus Media Holding Ltd
• Daktronics, Inc.
• Pattison Outdoor Advertising
• Bell Media

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Tags digital out of home ooh advertising market , digital out of home ooh advertising market overview , digital out of home ooh advertising market growth trends
Last Updated October 3, 2024