Digital Advertising and Marketing Global Market to Reach $1.5 Trillion by 2030: Influencer Marketing is Powerful Weapon for Digital Marketing Teams

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Global Market for Digital Advertising and Marketing

Global Market for Digital Advertising and Marketing

Dublin, March 23, 2023 (GLOBE NEWSWIRE) -- The "Digital Advertising and Marketing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Digital Advertising and Marketing estimated at US$531 Billion in the year 2022, is projected to reach a revised size of US$1.5 Trillion by 2030, growing at a CAGR of 13.9% over the analysis period 2022-2030.

Display, one of the segments analyzed in the report, is projected to record a 15.3% CAGR and reach US$939.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Search segment is readjusted to a revised 12.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $223.2 Billion, While China is Forecast to Grow at 14.2% CAGR

The Digital Advertising and Marketing market in the U.S. is estimated at US$223.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$372.6 Billion by the year 2030 trailing a CAGR of 14.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.8% and 9.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$213.4 Billion by the year 2030.

Select Competitors (Total 523 Featured) -

  • Acxiom LLC

  • Alibaba Group Holding Limited

  • Amazon.com, Inc.

  • Baidu, Inc.

  • Dentsu International

  • Eniro Group AB

  • Epsilon Data Management, LLC

  • Facebook, Inc.

  • Google, Inc.

  • IAC/InterActiveCorp.

  • Microsoft Corporation

  • LinkedIn Corporation

  • Sohu.com, Inc.

  • SXM Media

  • Tencent Holdings Limited

  • TradeDoubler AB

  • Twitter, Inc.

  • Xaxis, LLC

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute

Details

No. of Pages

1262

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$531 Billion

Forecasted Market Value (USD) by 2030

$1500 Billion

Compound Annual Growth Rate

13.9%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Advertising: Essential for Corporate/Brand Survival & Existence

  • Global Advertising Spending by Medium (in %): 2021

  • Impact of COVID-19 Pandemic and Looming Global Recession

  • Year 2021 in Review and Near-term Outlook

  • Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook

  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023

  • COVID-19 Pandemic Upends the Advertising Landscape

  • While Traditional Ad Spending Declines, Digital Advertising Spending Records Growth during Pandemic

  • Digital Marketing Strategies Change in Pandemic Times

  • Digital and Personalized Experiences Gain Prominence

  • The CCPA to Bring About Major Changes to the Digital Advertising Landscape in California

  • Digital Advertising and Marketing: A Conceptual Overview

  • Digital Media Marketing

  • Social Media Marketing

  • Mobile Marketing

  • Digital Advertising and Marketing Formats

  • Digital Advertising and Marketing: Transforming, Transitioning & Conditioning Brand-Consumer Relationships

  • Display Advertising: The Largest Contributor to Global Digital Ad Spend

  • Developing Economies to Spearhead Future Growth

  • Competition

  • Digital Advertising and Marketing - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • World Brands

  • Recent Market Activity