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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.