Report ID: UCMIG45E2196
Report ID:
UCMIG45E2196 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global demand side platform (DSP) market experienced significant growth, with a value of USD 20.76 billion in 2022. It is anticipated to continue its expansion, reaching USD 25.54 billion in 2023 and ultimately reaching a substantial USD 114.51 billion by 2030, demonstrating a robust CAGR of 23.9% throughout the forecast period. This analysis encompasses demand side solutions provided by prominent industry players such as Amazon.com, Inc., Adobe Inc., the Trade Desk Inc., MediaMath Inc., and SmartyAds, among others. DSP software empowers advertisers to procure advertising space for their portfolios, and agencies leverage this platform to acquire ad inventory through real-time bidding and ad exchange systems.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45E2196