Programmatic Advertising Market Growth Forecast 2021-2027

 According to Market Research Future (MRFR), the global Programmatic Advertising Market Growth is estimated to reach USD 150 billion at a CAGR of 22% from 2021 to 2027 (forecast period). The study outlines and explores the effects of the outbreak of COVID-19 on the global Programmatic Advertising Market Growth, including future opportunities and threats, drivers, and risks.

Programmatic advertising is increasing steadily and will continue to rise over the projected period. It's a highly automated form of digital advertising. It includes buying and selling online advertising through software or a machine. There are no human negotiations or manual insertions involved. It makes use of machine algorithms to buy ads online. It helps automate the decision-making process of selecting a media source and buying media for advertising purposes, as it helps concentrate on the target market.

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Market Dynamics

People take their phones with them almost regularly during the day and keep them all night long beside their beds. Mobile phones are projected to provide a substantial opportunity to increase programmatic spending. As the mobile market grows, mobile advertising can be used on a larger scale, and there is a higher demand for more advanced technology. Mobile is getting closer to replacing desktops as 'the first screen' programmatic technology, confidently making its way to mobile phones. The advent of new ways and tools to track and quantify relevant data on mobile devices has had an impact on the bright prospects for programmatic mobile video. For example, Facebook is currently playing a significant role in the growth of mobile programmatic.

The booming popularity of social media services plays a significant role in programmatic advertising. Almost all main social platforms now offer programmatic advertising options. Programmatic brings different benefits across social media platforms, as marketers run more effective campaigns through automated buying and through targeting a precise audience with highly appropriate messages through social media. For example, Red Bull is targeting videos on Twitter feeds of people who have watched extreme sports sites. The platform allows marketers to bid on influencer ads programmatically in real-time and to buy influencer's branded content on their social media accounts, blog pages, and websites.

 

Market Segmentation

The global Programmatic Advertising Market Growth has been segmented on the basis of device, ad format, and end-users.

By device, the global Programmatic Advertising Market Growth has been segmented into desktops and mobiles.

By ad formats, the global Programmatic Advertising Market Growth has been segmented into desktop banners, mobile banners, desktop videos, and mobile videos. Desktop banners segment is generating the highest revenue as compared to others. But due to the increasing use of mobile phones, banner ads are decreasing, and mobile videos are gaining traction. Over the forecast period, mobile videos will witness rapid growth and will grow at the highest CAGR.

By end-users, the global Programmatic Advertising Market Growth has been segmented into education, finance, media & entertainment, retail, and travel.

 

Regional Analysis

The regional analysis of the global Programmatic Advertising Market Growth is being studied for regions such as Asia Pacific, North America, Europe, and the Rest of the World.

North America is set to have the largest market share. Simultaneously, the Asia Pacific is projected to rise at the fastest pace during the forecast period. The North American region will continue to lead the market share during the forecast period due to the accelerated growth of smartphone users and a rise in the population on social media platforms.

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Key Players

The industry leaders in the Programmatic Advertising Market Growth are Rubicon Project (U.S.), Adroll (U.S.), DataXu (U.S.), Adobe Marketing Cloud (U.S.), DoubleClick (U.S.), Choozle (U.S.), Centro, Inc. (U.S.), AdReady (U.S.), PulsePoint, Inc. (U.S.) and Outbrain (U.S.) among others.

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

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