Digital Out of Home (DOOH) Market Size, Status, Top Players, Digital Out of Home (DOOH) and Forecast to 2029


Posted June 29, 2023 by Rushikeshmaximize

DOOH or Digital Out of Home is a modern form of advertising that uses digital media to promote audio and video messages about products or services outside the home.
 
Digital Out of Home (DOOH) Market size was valued at US$ 20.91 Bn. in 2021 and the total revenue is expected to grow at 11.2% through 2022 to 2029, reaching nearly US$ 48.88 Bn.

Market Scope:

We investigated the Digital Out of Home (DOOH) Market from every angle, including both primary and secondary research methods. This improved our grasp of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, consumer behaviours, and so on. Following that, the data is collated and evaluated using a variety of market estimation and data validation approaches. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.

Digital Out of Home (DOOH) Market Overview:

The market research studyDigital Out of Home (DOOH) examines and evaluates the market's position during the predicted period. It is a thorough investigation that focuses on fundamental and secondary drivers, market dominance, key segments, and geographical analysis. The research also looks at key individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and business strategy.



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Segmentation:

By format type

• Billboard
• Transit
• Street furniture
• Others

The global digital out of home (DOOH) market is classified as billboard, transit, street furniture, and others. The billboard segment dominated the market in terms of revenue in 2022 and is likely to continue in the forecast period. This is due to the beauty of the billboards.

By Application
• Outdoor
• Indoor

The Digital Out of Home Market is divided into two segments: indoor and outdoor.

The outdoor segment provided the largest income in 2021. The same segment would also have the fastest CAGR of 11.7 percent during the projection period. Nearly two-thirds of the global digital out-of-home market was accounted for by outdoor. This is due to an increase in demand for smart infrastructure solutions in emerging economies.

By End-user
• Automotive
• Personal care & households,
• Entertainment
• Retail
• Food & beverages
• Telecom
• BFSI
• Others

The DOOH market is divided into several segments, including automotive, personal care and households, entertainment, retail, food and beverages, telecom, BFSI, and others. From 2022 through 2029, the BFSI segment is predicted to increase at a rapid pace. The vehicle industry held the lion's share in 2021, contributing for nearly one-fifth of the global digital out of home market. In contrast, the entertainment industry is anticipated to develop at the fastest CAGR of 12.5 percent between 2021 and 2029. The increasing need for digital advertising solutions in the sports and entertainment industries is driving the segment ahead.

Key Players:

Primary and secondary research is used to identify market leaders, while primary and secondary research is used to determine market revenue. Primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals. Secondary research included a review of the leading manufacturers' annual and financial reports, whereas primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using historical data. The players highlighted in this report are as follows:

• JCDecaux (France)
• Lamar Advertising Company (US)
• Clear Channel Outdoor Holdings, Inc. (US)
• OUTFRONT Media (US)
• Prismview LLC (US)
• Daktronics (US)
• NEC Display Solutions, Ltd. (Japan)
• Stroer SE & Co. KGaA (Germany)
• Broadsign International LLC. (Canada)
• oOh!media Ltd. (Australia)
• Mvix, Inc. (US)
• Christie Digital Systems USA, Inc. (US)
• Ayuda Media Systems (US)
• Deepsky Corporation Ltd. (Hong Kong)
• Aoto Electronics Co., Ltd (China)

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Regional Analysis:

The study provides an in-depth look at the area industry, covering both qualitative and quantitative data. It provides an overview and forecast of the globalDigital Out of Home (DOOH) market by segment. It also provides market size and forecast estimations for five main regions from 2021 to 2027, including North America, Europe, Asia-Pacific, the Middle East Africa, and South America. TheDigital Out of Home (DOOH) market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.


COVID-19 Impact Analysis onDigital Out of Home (DOOH) Market:

We thoroughly researched and analyzed the GlobalDigital Out of Home (DOOH) Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the globalDigital Out of Home (DOOH) industry's potential, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.

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Key Questions Answered in theDigital Out of Home (DOOH) Market Report are:

What are the most potential high-growth prospects in the worldwideDigital Out of Home (DOOH) industry, broken down by product category, End User, and Region?
WhichDigital Out of Home (DOOH) market categories will grow the most rapidly, and why?
Which regions will grow faster, and why?
What are the major factors impactingDigital Out of Home (DOOH) market dynamics? What are theDigital Out of Home (DOOH) market's major drivers and challenges?
What are the business risks and dangers in theDigital Out of Home (DOOH) market?
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Issued By rushikeshmaximize
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2, Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Electronics
Tags digital out of home dooh market , digital out of home dooh market analysis
Last Updated June 29, 2023