Outdoor Advertising Market Share, Size, Future Growth, Trends Evaluation, Demand and Forecast 2022-2027

Outdoor Advertising Market Overview:

According to the latest report by IMARC Group, titled “Outdoor Advertising Market-poboxnews: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights into the outdoor advertising market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The outdoor advertising market reached a value of US$ 33.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 52.3 Billion by 2027, exhibiting a CAGR of 7.5% during 2022-2027.

Outdoor advertising represents an advertising medium found outside homes or in the public domain. They are mainly utilized to communicate information about various events or promote numerous business products in outdoor locations, such as airports, shopping malls, bus shelters, railway stations, etc. Outdoor advertising is also used in indoor spaces accessible to the public, including movie theatres, medical waiting rooms, retail stores, etc. These advertisements also appear on public transports, including buses, trains, taxis, etc., to ensure extensive coverage.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/outdoor-advertising-market/requestsample

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Outdoor Advertising Market Trends:

The rising levels of digitization and the growing penetration of internet-based advertising platforms are some of the major factors driving the outdoor advertising market growth. As a result, several advertisers are adopting virtual screens, video content, motion graphics, projectors, etc., for specific demographics. Moreover, various advancements in advertising technology, including artificial intelligence (AI), IoT connectivity, near-field communication, etc., are augmenting the demand for digital screens to deliver relevant content in real-time. Additionally, the increasing modernization of public transport facilitates the adoption of in-transit advertising, thereby driving the global market. Besides this, the declining costs of digital advertising are expected to further stimulate the market growth of outdoor advertising in the coming years-poboxnews.

Competitive Landscape with Key players:

The report has also analyzed the market’s competitive landscape with some of the key players.

  • Storer Media
  • Clear Channel Outdoor
  • Lamar Advertising
  • JCDecaux

Outdoor Advertising Market Segmentation:

Our report has categorized the market based on region, type, and segments.

Type:
  • Traditional
  • Digital outdoor advertising
Segments:
  • Billboard
  • Transport
  • Street furniture
  • Other
Region:
  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain-poboxnews
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request a free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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