Report ID: SQMIG50T2001
Report ID:
SQMIG50T2001 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
101 |
Figures:
76
Global Digital Out-of-home Advertising Market size was valued at USD 14.4 Billion in 2022 and is poised to grow from USD 16.07 Billion in 2023 to USD 38.66 Billion by 2031, at a CAGR of 11.6% during the forecast period (2024-2031).
In recent years, the global Digital Out-of-home Advertising market has been changing consumer preferences and demands by increasing adoption of digital signage, the proliferation of high-speed internet connectivity, and the rising demand for dynamic and interactive advertising content. The market has shown integration of cutting-edge technologies such as AI, data analytics, and augmented reality into DOOH advertising has enhanced the capabilities of campaigns. This has allowed advertisers to deliver more personalized and engaging content to target audiences.
Despite the growth, challenges such as high implementation costs and a lack of standardized metrics for measuring campaign effectiveness remain, hindering widespread adoption, particularly among smaller businesses.
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Report ID: SQMIG50T2001