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Outdoor Advertising - Global Strategic Business Report

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    Report

  • 504 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1946768
The global market for Outdoor Advertising is estimated at US$29.2 Billion in 2023 and is projected to reach US$39.2 Billion by 2030, growing at a CAGR of 4.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

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

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Outdoor Advertising - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Advertising: An Essential Requisite for Corporate/Brand Survival & Existence
  • Global Advertising Spending by Medium (in %): 2023
  • Outdoor Advertising: A Conceptual Overview
  • Evolution of Outdoor Advertising
  • Outdoor Advertising by Mode/Format
  • Billboards
  • Transit Advertising
  • Street Furniture
  • Other Forms of Outdoor Advertising
  • Outdoor Advertising: A Small Yet Significant Contributor to Overall Advertising Market
  • Global Market Prospects & Outlook
  • Billboards: The Major Outdoor Advertising Format
  • Geographic Market Analysis
  • Competition
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Digital Trend Poised to Transform Outdoor Advertising Industry
  • DOOH Advertising: A Key Driver of Future Growth
  • DOOH Utility Systems Hold Potential to Spur Digitization
  • Programmatic (pDOOH) Emerges to be a Cost Effective Medium
  • LED Based Digital Building Wraps to Drive Adoption of Digital Media Facades
  • Digital Signage in the 21st Century: A Peek into its Evolving Landscape
  • Wireless Digital Signage Solutions on Rise
  • 3D Digital Signage: The New Frontier of Digital Advertising
  • Internet-Based Dynamic Digital Signs Rake In Opportunities for IT Companies
  • Billboards Emerge as Powerful Format to Attract Customers and Build Brand Awareness
  • Digital Billboards Continue to Gain Traction
  • Increasing Penetration of LED Billboards to Drive Market Gains
  • The ‘Dominion Effect’ Drives Demand for Large Oversized Billboards
  • Smart Billboards: The Future of Billboard Advertising
  • Growing Mobility of Population & Rise in Vehicular Traffic: Potential for Roadside Ads & Ad Infrastructure
  • Total Ridership in the US and Canada (in Million)
  • Street Furniture Advertising: High Visibility Ensures Growth
  • Technological Convergence Sparks Innovative Approaches to Outdoor Advertising
  • Technology Developments Present Growth Opportunities
  • Artificial Intelligence Transforms Out-of-Home Advertising
  • The Rise of Augmented Reality & Next-Gen Glad-vertising
  • Blockchain: Playing a Part in Verifying Ad Delivery
  • Notable Trends Influencing Growth in Outdoor Advertising Market
  • Safe and Effective Tags to Work in Favor of Outdoor Advertising
  • Cost Reductions Push Up Demand for Outdoor Advertising
  • Growing Influence of Programmatic Media Buying in OOH Advertising
  • Hyperlocal Approach Critical in Present Times
  • Analytics Revolutionize Outdoor Advertising
  • Rising Mobile Device Penetration Presents Opportunity for Outdoor Advertisers
  • Smartphone Penetration Rate as Share of Total Population: 2016-2023
  • 5G Connectivity: Role in Management and Programmatic Interface of Digital Out of Home Advertising
  • Growing Importance of Outdoor Advertising in Smart Cities
  • Airport Advertising: Air Passenger Traffic Trends to Influence Market Growth
  • Out-of-Home Advertising Rides on the Urbanization Wave
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Major Issues & Challenges Facing Outdoor Advertising Market
  • Alternative Forms of Advertising
  • Online Advertising: A Major Threat
  • Mobile Phone Advertising Grows in Popularity
  • Telemarketing Remerges as Key Competition
  • Unfavorable Regulations Could Hamper Business Prospects
  • Lack of Measurement
  • Safety Issues Being Taken to Higher Levels!
  • Municipal Contracts Induce Uncertainty into Business
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Outdoor Advertising by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Outdoor Advertising by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Outdoor Advertising by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Traditional by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Traditional by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Traditional by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Digital by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Digital by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Digital by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Billboards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Billboards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Billboards by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Transit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Transit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Transit by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Street Furniture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Street Furniture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Street Furniture by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Modes/Formats by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Modes/Formats by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Spending in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Other Modes/Formats by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Outdoor Advertising Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • US Advertising Media Market Breakdown by Type for 2023
  • Outdoor Advertising Market in the US by Industry Category (in %) for 2023
  • Outdoor Advertising in the US to Return with a Bang
  • Billboards Continue to be the Largest Outdoor Ad Format
  • Digital Billboards Continue to Grow in Prominence
  • Number of Out of Home Digital Billboards (in Thousands) in the US for 2016-2023
  • Digital Signage: An Attractive Segment
  • Issues Relating to Digital Signage
  • Regulatory Environment
  • Competition
  • US Outdoor Advertising Market Breakdown by Leading Competitors (in %) for 2023
  • US Billboards Market: Revenue Share Breakdown of Leading Players (in %) for 2023
CANADA
  • Market Overview
JAPAN
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
  • Media Advertising Spending Breakdown (in %) by Type for 2023
CHINA
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
EUROPE
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Market Overview
ITALY
UNITED KINGDOM
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Market Overview
SPAINRUSSIABELGIUMSWITZERLANDREST OF EUROPE
ASIA-PACIFIC
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
  • Market Overview
  • HONG KONG
INDIA
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Outdoor Advertising Market in India: A Review
  • Billboards Dominate Outdoor Advertising Format
  • Digitization Wave Set to Transform OOH Advertising Market
  • DOOH Set to Become a Key Outdoor Advertising Solution
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Outdoor Advertising Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
  • Outdoor Advertising in Africa: A Review
IV. COMPETITION

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