Digital Advertising Market by Format (social media, Search Engine, and Video), Platform (Mobile, Desktop, and Laptop), End-User (Automotive, Telecom, BFSI, Healthcare, and Retail), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis and Forecast till 2034

Report Code: PMI397820 | Publish Date: July 2023 | No. of Pages: 182

Global Digital Advertising Market Market Trends

Growing Need for Digital Marketing

New developments in communication technology have an impact on the shift in advertising from print to online media. The global market for online advertising is expanding as a result of the rising number of smartphone users globally, the expansion of broadband service providers, and the widespread use of the Internet by countless consumers. An increasing number of organizations worldwide are using this platform as the construction of eye-catching banners and adverts via online sources promises more attention from customers.  When compared to traditional advertising through print and television media, online advertising can also be more affordable and convenient while providing a wider platform. high level of tablet and other smart device addiction cellphones and laptops have also contributed to the market's expansion. Conversely, the existence of ad blockers designed to remove adverts from consumers' websites may restrict the expansion of the worldwide internet advertising business. Additionally, several businesses are struggling with the issue of switching from desktop to smartphone advertisements. This could potentially prevent the market from growing. The market for online advertising will, however, grow quickly due to people's growing reliance on the Internet, negating the negative effects of this restriction.