Cloud Advertising Market

Cloud Advertising Market Size, Share, Growth Analysis, By Component (Platforms, Services), By Application, By Organization Size, By Deployment Model, By Verticals, By Region - Industry Forecast 2025-2032


Report ID: SQMIG45F2038 | Region: Global | Published Date: December, 2024
Pages: 265 | Tables: 118 | Figures: 77

Cloud Advertising Market Dynamics

Cloud Advertising Market Driver

  • Technological advancements on the internet, combined with its increasing commercial application and the rapid growth in the number of internet users worldwide, have not only shaped the evolution of cloud advertising through various forms of digital advertising, but have also improved advertising business models, and Cloud Advertising Market levels, and players. These factors are going to drive the cloud advertisement Cloud Advertising Market over the forecast year.
  • The market's key driving forces are the rising number of smartphone users, high internet penetration, and growing use of digital media are expected to increase the number of online users globally, opening new growth opportunities for the cloud advertising market over the forecast period. As more and more things become digitalized and smartphone users gain access to high-speed internet, the consumption of digital content has increased, which is expected to create more lucrative opportunities for key Cloud Advertising Market players.
  • Around 1.8 billion people worldwide are thought to have made online purchases in 2018. Traditional retailers and business organizations are increasingly requesting to operate their operations on the expanding e-commerce platforms like Amazon, Walmart, Alibaba, Flipkart, and others, creating competition for outstanding product sales and a surge in online advertising for better product promotion. 
  • Businesses use a variety of advertisements to entice customers and boost product sales in the era of digital advertising. Due to their higher return on investment and favorable consumer response, contextual advertisements have experienced the fastest growth among all of these advertisement formats among advertisers.

Cloud Advertising Market Restraint

  • The growing demand for digital advertising is driving up the demand for cloud advertising, and this increased demand is expected to expand data collection from users through a variety of channels. Furthermore, regulatory bodies have framed several policies and regulations to facilitate a high level of security in cloud advertising. However, such regulations and norms serve as important safety measures that are rigid, potentially impeding the growth of the cloud advertising market.
  • Systems for cloud advertising rely on internet connectivity. The biggest barrier to users accessing the services can be a server downtime activity. Additionally, internet outages pose a threat to the world economy. For instance, according to the Indian Council for Research on International Economic Relations, a 16315-hour internet outage in India from 2012 to 2017 cost the country's economy $3.04 billion (ICRIER). During the forecast period, all of these elements are anticipated to hinder market growth.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Cloud Advertising Market size was valued at USD 3.84 Billion in 2023 and is poised to grow from USD 4.54 Billion in 2024 to USD 17.16 Billion by 2032, growing at a CAGR of 18.1% during the forecast period (2025-2032).

The market's leading players have a high level of Cloud Advertising Market penetration into cloud premises, resulting in a higher long-term competitive advantage through innovation. All of the remaining cloud advertising companies are competing for a substantial market share, resulting in intense competition. Companies in the Cloud Advertising Market are also acquiring companies that are working on Cloud Advertising technologies to strengthen their product capabilities. 'Google LLC ', 'Oracle ', 'IBM Corporation ', 'Amazon Web Services, Inc. ', 'Adobe ', 'Salesforce, Inc. ', 'Wipro ', 'The Nielsen Company (US), LLC. ', 'Viant Technology LLC ', 'Cavai ', 'Imagine Communications ', 'SAP ', 'Acquia ', 'Demandbase ', 'Experian ', 'Kubient ', 'Fico ', 'Hubspot ', 'Inmobi ', 'Marin software '

Technological advancements on the internet, combined with its increasing commercial application and the rapid growth in the number of internet users worldwide, have not only shaped the evolution of cloud advertising through various forms of digital advertising, but have also improved advertising business models, and Cloud Advertising Market levels, and players. These factors are going to drive the cloud advertisement Cloud Advertising Market over the forecast year.

COVID-19 had a positive impact on the Cloud Advertising Market for cloud advertising. The governments of several countries imposed a lockdown, resulting in the closure of many businesses, retail outlets, information technology and telecommunications companies, and educational institutions. Following COVID-19, the demand for online shopping increased significantly because people were able to select a product on an e-commerce platform while sitting in the comfort of their own homes. Furthermore, COVID-19 had a negative impact on many businesses due to the inability to work from offices and retail stores. Consumers have flocked to digital channels in droves for information, entertainment, education, and to stay in touch with friends and family. As a result, it has been determined that the demand for cloud advertising has significantly increased among all end-users following COVID-19, and this is expected to drive the Cloud Advertising Market during the forecast period.

North America is expected to have the largest global Cloud Advertising Market share. The growing demand for an improved cloud advertising platform is expected to drive the cloud advertising market in this region. Major market players such as IBM Corporation, Salesforce, and Oracle Corporation, among others, are present. These players are collaborating, acquiring, developing new products, and improving existing ones, which is fueling Cloud Advertising Market growth in this region. For instance, in May 2021, Experian Information Solutions, Inc. collaborated with Microsoft Corporation to assist organizations in improving the quality of their data, allowing them to make more accurate decisions and provide better outcomes for their customers.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Cloud Advertising Market

Report ID: SQMIG45F2038

$5,300
BUY NOW GET FREE SAMPLE