Global Advertising Agencies Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Advertising Agencies Market Report by The Business Research Company covers advertising agencies market drivers and restraints, advertising agencies market size, major players, and the impact of COVID-19 on the advertising agencies market.
The advertising agencies market consists of the sales of advertising services and related goods by entities (organizations, sole traders and partnerships) that plan, develop, create and manage advertisement and promotional activities in newspapers, radio, television, websites and social media sites. The advertising agencies market is segmented into TV, digital, print, OOH (Out-of-Home Advertising), radio and other advertising services. Only goods and services traded between entities or sold to end consumers are included.
An increase in advertisement spending across industries is expected to drive the demand for the advertising agencies market. The advertising global agencies market is expected to grow from $317.63 billion in 2020 to $348.4 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $455.38 billion in 2025 at a CAGR of 6.9%.
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Some advertising agencies market trends include the launch of artificial intelligence (AI) in advertising. Major players operating in the industry are continuously focused on introducing innovations and technologies to better serve the needs of consumers. For instance, as of May 2019, according to a survey, 47% of advertisers are currently using artificial intelligence for audience targeting.
Global advertising agencies market segments include:
1) By Mode: Online Advertising, Offline Advertising.
2) By Type: TV, Digital, Radio, Print, Out-Of-Home (OOH), Others.
3) By End-User Industry: Banking, Financial Services, And Insurance Sector (BFSI), Consumer Goods and Retail, Government and Public Sector, IT & Telecom, Healthcare, Media & Entertainment.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Advertising Agencies Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:
The Advertising Agencies Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides advertising agencies market overviews, analyzes and forecasts market size, share, advertising agencies market players, advertising agencies market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The advertising agencies identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Advertising Agencies Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Caveni Digital Solutions, Socialiency Advertising, Tegra, BrandBurp Digital, Plan Z, Titan SEO Group, Breakneck Creative, Thevisiontech, Dentsu Inc., WPP PLC, Omnicom Group Inc., Publicis Groupe, Mayple, Jastor, ValisoyMedia, Blue Label Labs, Content Powered.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Advertising Agencies Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Advertising Agencies Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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