Focus on tourism induced recovery, more technological advancements & digitalization of the European markets are some of the factors that will induce steady recovery & growth in France Online Advertisement Market
Covid Induced Market Decline: The period 2020-21 saw a massive blow to the French economy induced by the global pandemic & even though Internet traffic both on website & mobile grew sharply, revenue generated via digital advertisements suffered a setback. While digital advertising revenues in the first half of 2019 stood at US $ ~ Billion, the ones recorded in 2020 for the same period reflected a sharp decline of ~% to US $ ~ Billion. As per estimates, “the health crisis has had a very negative impact on the digital advertising market. Search and Social have held up better, driven by players such as Google, Amazon, and Facebook, which benefited in particular from their exposure to small advertisers. While signs of recovery observed since the beginning of June are encouraging, the 2020 forecasts nevertheless point to a declining advertising market, with a very significant shortfall that could exceed € 1 billion. However, the forecasts for 2021 give cause for optimism, with an anticipated return of digital advertising revenues in France to their 2019 level.”
Competitive Landscape: Global giants like Facebook, Microsoft, Tencent, Yahoo, Amazon & many others are the key players when it comes to competition scenario in France Online Advertisement Market. All these companies register a high market share, maintain their governing position, generate the highest percentage of market revenue & provide the best platforms. The competition is on the basis of quality of service being provided, the number of audience getting the ad & the market share being held by the company.
Market Restraints: The growing instances of cybersecurity attacks being carried on lead to a feeling of distrust amongst the public. Moreover, figures reveal that a total of 4.59 million people in France did not use the internet at the start of 2022 & a whole other lot of people don’t like to view ads on their screen as a result of which most of these are ignored or don’t reach the desired audience. While these factors serve as market restraints, the overall hindrance is not much & can be tackled easily.
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Growth Factors: An effective growth in technological innovations coupled with an increase in digital spending has been acting as a catalyst for the France Online Advertisement Market & will continue to do so in the upcoming years. Moreover, an ever increasing share of investments in digital ads, particularly online advertisements are expected to drive market growth in France. On top of all this, the country is extremely mature in terms of smartphone & internet usage which opens a lot of opportunities for advertisers.
Analysts at Ken Research in their latest publication, “France Online Advertisement Market Outlook 2027F- by Medium (Desktop and Mobile), By Type (Search, Social Media, Display, Video, Audio and Others), By Sectors (Retail, Automotive, Financial Services, Telecommunications, Leisure Travel, Consumer Packaged Goods, Electronics & Computers, Pharmaceuticals/Healthcare, Media, Entertainment and Others), By Pricing Model (Performance, Cost per Mile and Hybrid) and By Ad Buyers (Direct and Agencies)”observed that the market is experiencing recovery from the hit it faced by the global pandemic. Rapid digitalization of the European market, travel & tourism & increased Internet penetration are some of the major factors contributing to its growth in the 2022-2027 period. It is expected that the France Online Advertisement Market will grow at a CAGR of ~% for the above mentioned tenure.
Learn more about report @ https://www.kenresearch.com/media-and-entertainment/advertising/france-online-advertisement-market-outlook-2027/596256-94.html
Key Topics Covered
France Online Advertising Market Introduction (Historical Evolution, Overview, Genesis, Business Cycle)
France Online Advertising Market Size
France Online Advertising Market Segmentation
SWOT Analysis of France Online Advertising Market
Growth Drivers, Trends and Developments in France Online Advertising Market
Issues and Challenges in France Online Advertising Market
Regulatory Framework in France Online Advertising Market
Customer Profiling in France Online Advertising Market
Case Studies Covered in France Online Advertising Market
Competitive Landscape in France Online Advertising Market
France Online Advertising Market Future Outlook and Projections, 2022-2027F
Key Segments Covered
By Type (On the Basis of Ad Expenditure)
Digital Advertising Market
Traditional Advertising Market
By Medium (On the Basis of Ad Expenditure)
Desktop Advertising
Mobile Advertising
By Type of Advertisement (On the Basis of Ad Expenditure)
Search Advertising
Social Media Advertising
Display Advertising
Video Advertising
Audio Advertising
Other Advertising (Native Advertising, Classifieds, Lead Generation, Buzz/Content Advertising, Email Marketing and more)
By Ad-Format on the Basis Of Platforms (On the Basis of Ad Expenditure)
Social Media Advertising
Facebook
Instagram
Others
Search Advertising
Google
Yahoo & Bing
Amazon
Video Advertising
YouTube
Others
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Further Segmentation by Medium (Desktop and Mobile, On the Basis of Ad Expenditure)
Social Media Advertising
Mobile
Desktop
Video Advertising
Mobile
Desktop
Search Advertising
Mobile
Desktop
Audio Advertising
Mobile
Desktop
Other Advertising (Native Advertising, Classifieds, Lead Generation, Buzz/Content Advertising, Email Marketing and more)
Mobile
Desktop
By Sectors (On the Basis of Ad Expenditure)
Retail
Automotive
Financial Services
Telecommunications
Leisure Travel
Consumer Packaged Goods
Electronics & Computers
Pharmaceuticals/Healthcare
Media
Entertainment
Others (Real-Estate, Education, Agrochemicals, Energy, Construction and more)
By Ad-Buyers (On the Basis of Ad Expenditure)
Direct
Ad Agencies
By Pricing Model (On the Basis of Ad Expenditure)
Performance
Cost Per Mile
Hybrid
Key Target Audience
Advertising Agencies
Social Networking Platforms
End User Industries Investing in Digital Advertising
Regulatory Bodies and Government Agencies
Investors
Time period captured in the Report
Historical Period: 2017-2021
Base Period: 2022P
Forecast Period: 2023F-2027F
Companies Covered in France Online Advertising Market
Advertising Agencies
Rosbeef
SmartWeb Group
SGK
Walt
Major Online Platforms
Meta
Alphabet
Amazon
Tencent
Facebook
Microsoft
For more information on the research reports, refer to below link:
https://www.kenresearch.com/media-and-entertainment/advertising/france-online-advertisement-market-outlook-2027/596256-94.html
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