DOOH Dynamics: Industry Analysis and Forecast for Digital Out of Home Market (2023-2029)

The global digital out-of-home industry is expanding due to a number of factors, including easy data integration, the rise in digitization, and the decline in demand for traditional billboards.

Digital Out of Home (DOOH) Market size was valued at US$ 23.24 Bn. in 2022 and the total revenue is expected to grow at 11.2% through 2023 to 2029, reaching nearly US$ 48.88 Bn.

Digital Out of Home (DOOH) Market Overview

The market overview of the Digital Out of Home (DOOH) Market focuses on the specific market characteristics, including elements like industry competition. Comprehensive market revenue predictions are provided for the global, regional, segment, and national levels in the report. The report's sales projections for each region and industry is one of its primary highlights.

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Digital Out of Home (DOOH) Market Report Scope and Research Methodology :

The study methodology used a mix of primary and secondary research techniques to compile market data. The primary research techniques, such as questionnaires, interviews, and market observations, would have given the researchers access to first-hand market data, which is usually beneficial. The researchers might have gathered background knowledge and market data by using secondary research techniques including industry studies, business websites, and news articles.

The study examines the Digital Out of Home (DOOH) Market through a market-focused and commercial analysis that takes into account the market's revenue, financial situation, portfolio, technical advancements, and mergers and acquisitions. This strategy aids in giving a complete picture of the market, which stakeholders, investors, and market participants may use to create investment strategies and marketing strategies.

Digital Out of Home (DOOH) Market Regional Insights :

The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts.

Digital Out of Home (DOOH) Market Segmentation:

by Format Type

Billboard
Transit
Street furniture
Others


by Application

Outdoor
Indoor


by End-User

Automotive
Personal care & households,
Entertainment
Retail
Food & beverages
Telecom
BFSI
Others

Automotive, personal care & households, retail, food & beverages, telecom, BFSI, and others are the different segments of the DOOH market. The BFSI market is anticipated to expand at a rapid rate of growth between 2023 and 2029. The majority of the global digital out-of-home market in 2022 was accounted for by the automotive segment, which made up about one-fifth of the market. In contrast, the entertainment industry is predicted to expand at the quickest rate of 12.5 percent between 2022 and 2029. The market is expanding as a result of the sports and entertainment sectors' rising need for digital advertising solutions.

 

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Digital Out of Home (DOOH) Market Key Players :

1. JCDecaux (France)
2. Lamar Advertising Company (US)
3. Clear Channel Outdoor Holdings, Inc. (US)
4. OUTFRONT Media (US)
5. Prismview LLC (US)
6. Daktronics (US)
7. NEC Display Solutions, Ltd. (Japan)
8. Stroer SE & Co. KGaA (Germany)
9. Broadsign International LLC. (Canada)
10.oOh!media Ltd. (Australia)
11.Mvix, Inc. (US)
12.Christie Digital Systems USA, Inc. (US)
13.Ayuda Media Systems (US)
14.Deepsky Corporation Ltd. (Hong Kong)
15.Aoto Electronics Co., Ltd (China)

Key questions answered in the Market are:

  • What is Digital Out of Home (DOOH)?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Digital Out of Home (DOOH) Market?
  • Which factors are the lucrative opportunities for the Digital Out of Home (DOOH) market growth?
  • How is the intervention from regulatory authority is shaping the Digital Out of Home (DOOH) Market?
  • What growth strategies are the players considering to increase their presence in Digital Out of Home (DOOH) Market?
  • Who held the largest market share in Digital Out of Home (DOOH) Market?
  • What is the Digital Out of Home (DOOH) market size of the dominating region?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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