Opportunities And Strategies Analysis For The Advertising Agencies Market – Includes Advertising Agencies Market Size
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Rising urbanization is expected to contribute to the growth of the advertising agencies market in the forecast period, as per The Business Research Company’s advertising agencies market opportunities and strategies report.
The advertising agencies market is expected to grow $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%.
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Major players in the advertising agencies market include WPP PLC, Dentsu Inc., Publicis Groupe, Omnicom Group Inc., Hakuhodo DY Holdings.
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.
The Global Advertising Agencies Market Is Segmented:
By Mode: Online Advertising, Offline Advertising
By Type: TV, Digital, Radio, Print, Out-Of-Home (OOH), Others
By End Use Industry: Banking, Financial Service & Insurance (BFSI), Consumer Goods and Retail, Government And Public Sector, IT And Telecom, Media And Entertainment, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global advertising agencies market.
TBRC’s Advertising Agencies Market Report Covers:
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 (2016-21) and ten years forecast (2022-2026-2031)
The Advertising Agencies Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough advertising agencies market research, analyzes and forecasts advertising agencies market size, advertising agencies market share, advertising agencies market players, advertising agencies market trends, advertising agencies market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s advertising agencies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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.
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