Report forecast the global advertising market to grow at a
CAGR of 5.80% during the period 2016-2020.
Advertisements include any paid form of non-personal
presentation and promotion of ideas, goods or services by an identified
sponsor. It is an effective tool used in business to differentiate goods and
services in a meaningful way to connect the consumer with the brand.
The report covers the present scenario and the growth
prospects of the global advertising market for 2016-2020. To calculate the
market size, the report considers the advertising spend by businesses.
The market is divided into the following segments based
on geography:
- Americas
- APAC
- EMEA
According to the report, high penetration of mobile devices
will be a key driver for market growth. Digital media advertising on mobile
devices has been offering a better ROI than desktop computers since 2012. This
segment is anticipated to grow during the forecast period due to the rising
number of digital media users globally. Personalized campaigns based on the
user information, search words, liked pages, and frequent interactions among
online acquaintances are the primary factors that increase the effectiveness of
these ads. In addition, the social media platforms also increase the
effectiveness of the ads. Globally, an estimated 2.2 billion users are active
on a monthly basis on social media and more than 72% of this population is on
Facebook.
Further, the report states that one of the challenges for
the market will be rapid declining of print advertising. Print advertising is
declining rapidly, and the major factor is the increasing adoption of the
digital platforms for advertising. The print medium is unable to compete with
the rapidly digital medium, which is eating into the market share of print
advertising. For instance, the classified ads — a major segment for revenue in
print advertising — was not able to compete with Craigslist, which provided a
free and new model of classified ads using the digital medium. Major media
vendors such as Time and New York Times have significantly cut down on their budgets
on the print segment. In addition, with the advent of e-papers and e-magazines,
the sales of print newspapers and magazines have also declined rapidly.
Global Advertising Market 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global advertising market: American Express, Ford, Pfizer, Procter
&Gamble, and Verizon Communications.
Other Prominent Vendors in the market are: AT&T, Fiat¸
Comcast, General Motors, Johnson and Johnson, JP Morgan Chase, L'Oréal, Time
Warner, Toyota, and Walt Disney.
Market driver
- Increased product penetration in the market
- For a full, detailed list, view our report
Market challenge
- Rapidly evolving consumer behavior
- For a full, detailed list, view our report
Market trend
- Increased use of QR codes for advertising
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 56 pages and 30 Exhibit “Global
Advertising Market 2016 - 2020” report covers Executive summary, Scope of the
report, Market research methodology, Introduction, Market landscape, Market
segmentation by medium, Digital market segmentation by type, Geographical
segmentation, Buying criterion, Key leading countries, Market drivers, Impact
of drivers, Market challenges, Impact of drivers and challenges, Market trends,
Vendor landscape, Appendix.
For
more information Visit at: http://mrr.cm/3UL
Related Report;
Global Internet Advertisement Market 2016-2020 - Visit at - http://mrr.cm/3Ub
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