Digital Advertising Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2029


Posted June 12, 2023 by manasi05

The Digital Advertising Market size was valued at US$ 457.2 Bn. in 2021 and the total revenue is expected to grow at 14.3 % through 2022 to 2029, reaching nearly US$ 1331.91 Bn.

 
The Digital Advertising Market size was valued at US$ 457.2 Bn. in 2021 and the total revenue is expected to grow at 14.3 % through 2022 to 2029, reaching nearly US$ 1331.91 Bn.

Digital Advertising Market Overview:

Digital Advertising market landscape has been examined, and all of the key suppliers and application development and delivery developers have been present. Customer-centric methods by businesses, as well as the necessity to handle massive volumes of material, may define the market's future shape. During the projected period (2022-2029), there will be alliances with integration partners to achieve optimal technology, as well as webinars for future trends and insights.

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Digital Advertising Market Scope:

Maximize Market Research report on Digital Advertising Market provides an investigative analysis with a cohesive grasp of the economy's events as well as the consequences of the COVID-19 pandemic. It outlines drivers, challenges, opportunities, trends, and niches that industry leaders may leverage over the projected period (2022-2029).

The report discusses major advancements in the Digital Advertising industry, as well as organic and inorganic growth strategies. Various businesses are concentrating on organic growth tactics such as new launches, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. With the increased demand, industry participants in the Digital Advertising market are expected to benefit from attractive growth prospects in the future. The following is a list of a few firms involved in the Digital Advertising industry.

Segmentation Analysis:

by Format

• Search Advertising
• Video Advertising
• Social Media Advertising
• Banner Advertising
• Classifieds


In 2021, the market is dominated by the Search Advertising format with US$ 182,886 Mn. The market expansion of the category is mostly being driven by SEO and paid advertising. About 75,000 searches are made on Google alone every second, and 92.07% of people prefer this page for surveys, making it the most popular page.

A collection of tactics and methods are used in SEO to produce organic traffic. The page can stand out and rank among the top results in the search engine thanks to efforts on link building, keyword definition, and high-quality content relevant to visitors. Low expenses result in a great return. These are the elements fueling the segment's market expansion.

by Platform

• Mobile
• Desktops and laptops
• Others

With a 40% market share in 2021, the Mobile category led the market in terms of Platform. The expansion of the mobile advertising industry is being driven by an increase in the use of social media platforms by advertising organisations to reach targeted clients and a high preference for smartphones over PCs for social media platforms.

A CAGR of 13% is predicted for the mobile market. Important players in the mobile-based advertising industry design and develop mobile advertising content that is easily supported by mobile devices. Additionally, as more people use their mobile devices for internet browsing and online shopping, the increase of m-commerce and e-commerce drives the expansion of internet advertising on mobile platforms. Through the anticipated time, these are the elements that are anticipated to fuel market expansion.

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Key Manufacturers:

The market research study analyses the market's main stakeholders. Among the key firms highlighted in the study are:

• Google LLC
• Facebook, Inc.
• Microsoft Corporation
• Twitter Inc.
• Adobe Systems Inc.
• Baidu, Inc.
• Yahoo Inc.
• IAC/InterActiveCorp
• Amazon, Inc.
• Conklin Media
• Markitors
• WebFX
• Silverback Strategies
• MaxAudience
• Perfect Search Media
• Thrive Internet Marketing
• Disruptive Advertising INC

Regional Analysis:

The report offers a comprehensive overview of the sector, including both qualitative and quantitative data. It gives a global market analysis and prediction based on several segments. It also offers market size and forecast projections for five key regions, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America, from 2021 to 2027.

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COVID-19 Impact Analysis on Digital Advertising Market:

The COVID-19 pandemic has had an impact on markets and consumer behaviour. It has had a significant influence on economies and civilizations alike. The effects of COVID-19 are expected to shift consumer demand to online platforms. This might permanently alter customer behaviour because once individuals get into the habit of purchasing online, it becomes a pattern that is difficult to break, compelling businesses to increase their online presence. COVID-19 has an immediate and extensive influence on consumer behaviour across all industries.

Key Questions answered in the Digital Advertising Market Report are:

Which is the potential market for Digital Advertising in terms of the region?
What are the opportunities for new market entrants?
What is expected to drive the growth of the Digital Advertising market in the next seven years?
What is the projected market size & growth rate of the Digital Advertising Market?
What segments are covered in the Digital Advertising Market report?
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Issued By MMR
Country India
Categories Business
Last Updated June 12, 2023