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Smart Advertising Services Market Trends

  • Report ID: GMI5647
  • Published Date: May 2023
  • Report Format: PDF

Smart Advertising Services Market Trends

The market growth is attributed to the increased demand for personalized advertisements across performance-based advertising units. The hybrid industry is crowded with competing firms, making it difficult for players to distinguish themselves. Marketing and advertising have always played an important role in determining brand value and final revenue outcomes. This has resulted in constant evolution in the advertising industry. For example, paper-based advertising was once the preferred medium among advertisers. The method evolved over time due to the increasing incorporation of modern technologies. Smart advertising is the most recent trend and it has proven to be extremely beneficial in ensuring that businesses enjoy a high ROI, thereby resulting in increased adoption. Furthermore, the increasing use of mobile devices has encouraged businesses to adopt more technologically advanced advertising methods.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of smart advertising services was over USD 370 billion in 2022 and will record over 15% CAGR from 2023 to 2032, due to changing data consumption and growing internet penetration.

The mobile platform type segment accounted for 56% of the market share in 2022 and will observe over 15% CAGR during 2023 to 2032, owing to the rising preference for portable electronics worldwide.

The media & entertainment end-user segment may observe over 18% CAGR through 2032, attributed to the growing consumption of entertainment content among businesses.

North America held over 35% of the market share in 2022, credited to the rapidly rising smartphone and internet penetration in the region.

Smart Advertising Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 361
  • Countries covered: 17
  • Pages: 250
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