Take Up Global Advertising Agencies Market Opportunities with Clear Industry Data – Includes Advertising Agencies Market Demand
The Business Research Company’s report goes into great detail on the advertising agencies market size and growth, advertising agencies market regional analysis, advertising agencies market competitive landscape, and other critical information needed to excel in the advertising agencies industry.
Major players in the advertising agencies market include WPP PLC, Dentsu Inc., Publicis Groupe, Omnicom Group Inc., Hakuhodo DY Holdings.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The advertising agencies market is expected to grow from $346.12 billion in 2021 at a CAGR of 9.8% to nearly $553.10 billion by 2026. Also, the advertising agencies market size is expected to grow to $890.80 billion in 2031 at a CAGR of 10.0%.
Asia Pacific was the largest region in the global advertising agencies market, accounting for 37.8% of the total in 2021.
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, billboards, websites and social media sites.
Rising urbanization is expected to contribute to the growth of the advertising agencies market in the forecast period.
Advertising agencies are implementing artificial intelligence (AI) tools to accurately target and deliver advertisements. AI helps to develop personalized ads and build a unique connection and relationship with consumers. It works more on a data-based approach, sensors attached to billboards or street furniture collect the data and give more personalized outputs. Major players operating in the industry are continuously focusing on introducing innovations and technologies to better serve the needs of consumers.
By Mode: Online Advertising, Offline Advertising
By Type: TV, Digital, Radio, Print, Out-of-home (OOH), Others
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Advertising Agencies Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the advertising agencies market globally and regionally, analyzes and forecasts market size, share, advertising agencies market players, advertising agencies market segments, leading competitor revenues, profiles and market shares.
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