The growth in the outdoor advertising market is driven by several factors. Urbanization and increased mobility have expanded the potential reach of outdoor advertising, with more people spending significant time outside their homes. The proliferation of digital displays and advancements in display technology has made DOOH a more attractive option for advertisers seeking flexible and dynamic advertising solutions. The ability to leverage data-driven insights and analytics allows advertisers to target specific demographics with greater precision, thereby enhancing the effectiveness of their campaigns. The rise of smart cities and the Internet of Things (IoT) has opened new avenues for innovative and interactive outdoor advertising formats, such as smart billboards that can interact with mobile devices or environmental sensors. Increasing marketing budgets are also contributing to the growth of the market, as businesses seek to re-engage with consumers in public spaces. These factors, combined with continuous technological innovations, are expected to drive sustained growth in the outdoor advertising market, making it a dynamic and evolving field poised for future expansion.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Traditional Outdoor Advertising segment, which is expected to reach US$28.3 Billion by 2030 with a CAGR of a 4.1%. The Digital Outdoor Advertising segment is also set to grow at 4.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $6.9 Billion in 2023, and China, forecasted to grow at an impressive 5.8% CAGR to reach $7.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Outdoor Advertising Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Outdoor Advertising Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Outdoor Advertising Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Arnold Aerial Advertising, Inc., JCDecaux SA, Clear Channel Outdoor Holdings, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 185 Featured):
- Arnold Aerial Advertising, Inc.
- JCDecaux SA
- Clear Channel Outdoor Holdings, Inc.
- Dusty`s Outdoor Media LLC
- Stroer SE & Co. KGaA
- Gateway Outdoor Advertising
- Sunrise Outdoor Advertising, Inc.
- Lamar Advertising Company
- Adams Outdoor Advertising
- Tyler Outdoor Advertising
Table of Contents
Companies Mentioned
- Arnold Aerial Advertising, Inc.
- JCDecaux SA
- Clear Channel Outdoor Holdings, Inc.
- Dusty`s Outdoor Media LLC
- Stroer SE & Co. KGaA
- Gateway Outdoor Advertising
- Sunrise Outdoor Advertising, Inc.
- Lamar Advertising Company
- Adams Outdoor Advertising
- Tyler Outdoor Advertising
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 504 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 29.2 Billion |
Forecasted Market Value ( USD | $ 39.2 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |