Digital Out of Home or DOOH refers to digital media used for marketing purposes outside of the home. This excludes TV advertising and radio advertising, but includes digital signage. The global Digital OOH market size is projected to grow from US$ 20300 million in 2023 to US$ 35800 million in 2030; it is expected to grow at a CAGR of 8.4% from 2024 to 2030.
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Download SampleOur publisher' newest research report, the “Digital OOH Industry Forecast” looks at past sales and reviews total world Digital OOH sales in 2023, providing a comprehensive analysis by region and market sector of projected Digital OOH sales for 2024 through 2030. With Digital OOH sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital OOH industry. This Insight Report provides a comprehensive analysis of the global Digital OOH landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital OOH portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital OOH market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital OOH and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital OOH. Market Drivers for the Digital Out of Home (DOOH) Market: 1. Growing Advertising Expenditure: o Increasing advertising budgets allocated to digital media and the shift from traditional print and broadcast media to digital platforms drive the demand for DOOH advertising solutions. 2. Technological Advancements: o Continuous advancements in display technologies, including LED displays, LCD screens, and digital signage, enable high-resolution, dynamic, and interactive content delivery in DOOH campaigns, attracting advertisers and enhancing audience engagement. 3. Rise of Programmatic Advertising: o Adoption of programmatic advertising platforms and real-time bidding (RTB) systems for DOOH advertising enables targeted, data-driven campaigns, personalized content delivery, and campaign optimization based on audience demographics, behavior, and location. 4. Increasing Urbanization and Foot Traffic: o Rapid urbanization and the proliferation of high-traffic urban areas, including transportation hubs, shopping malls, and commercial districts, create opportunities for DOOH networks to reach large and diverse audience segments with targeted advertising messages. 5. Demand for Dynamic and Contextual Content: o Growing demand for dynamic, contextually relevant content in advertising campaigns drives the adoption of DOOH solutions that can deliver real-time information, location-based promotions, and interactive experiences to captivate audiences and drive engagement. Market Challenges for the Digital Out of Home (DOOH) Market: 1. Cost of Deployment and Infrastructure: o High upfront costs associated with deploying DOOH networks, including hardware installation, network infrastructure, and content management systems, pose challenges for advertisers and network operators in expanding DOOH reach. 2. Content Fragmentation and Standardization: o Fragmentation of content formats, resolutions, and aspect ratios across different DOOH networks complicates content creation, management, and distribution, requiring standardization efforts to streamline workflows and ensure compatibility. 3. Privacy and Data Protection Concerns: o Increasing scrutiny over data privacy and consumer tracking practices in digital advertising raises concerns about the collection, use, and sharing of personal data in DOOH campaigns, necessitating compliance with regulations and industry best practices. 4. Ad Blocking and Ad Avoidance: o Growing consumer resistance to advertising, including ad blocking software and ad avoidance behaviors, challenges DOOH advertisers to deliver compelling, non-intrusive content that resonates with audiences and avoids being perceived as intrusive or disruptive. 5. Competition from Online and Mobile Advertising: o Intense competition from online and mobile advertising channels, including social media platforms, search engines, and mobile apps, diverts advertising budgets away from traditional and digital out of home (DOOH) media, intensifying competition for advertisers' attention. Market Trends for the Digital Out of Home (DOOH) Market: 1. Integration with Data Analytics and AI: o Integration of data analytics tools and artificial intelligence (AI) technologies into DOOH networks for audience measurement, content optimization, and real-time campaign performance analysis, enabling data-driven decision-making and campaign effectiveness. 2. Interactive and Immersive Experiences: o Adoption of interactive touchscreens, gesture recognition, augmented reality (AR), and virtual reality (VR) technologies in DOOH installations to create immersive brand experiences, gamified content, and interactive advertising campaigns that capture audience attention and drive engagement. 3. Location-Based Targeting and Geofencing: o Utilization of location-based targeting techniques and geofencing technologies in DOOH advertising to deliver hyper-targeted, contextually relevant messages to audiences based on their proximity to specific locations, events, or points of interest. 4. DOOH in Transit and Smart Cities: o Expansion of DOOH networks in transit environments, including airports, train stations, and bus shelters, as well as in smart city infrastructure such as digital kiosks, wayfinding displays, and smart street furniture, to enhance urban mobility and provide value-added services to commuters. 5. Sustainability and Energy Efficiency: o Focus on sustainability and energy efficiency in DOOH installations through the use of energy-efficient displays, renewable energy sources, and eco-friendly materials, aligning with environmental sustainability goals and reducing operational costs for network operators. Recommendations for the Digital Out of Home (DOOH) Market: 1. Enhance Content Quality and Creativity: o Invest in high-quality, creative content that leverages the dynamic capabilities of DOOH platforms. Engage with creative agencies and content creators to develop visually compelling, interactive, and contextually relevant advertisements that capture audience attention. 2. Strengthen Data Privacy and Security Measures: o Implement robust data privacy and security measures to address consumer concerns and comply with regulations such as GDPR and CCPA. Transparently communicate data practices to build trust with audiences and stakeholders. 3. Optimize Network Deployment: o Focus on strategic deployment of DOOH networks in high-traffic and high-visibility locations. Conduct thorough site analysis and audience measurement to maximize reach and impact, ensuring the right message reaches the right audience at the right time. 4. Leverage Programmatic Advertising: o Expand the use of programmatic advertising to enhance targeting capabilities and campaign efficiency. Utilize real-time data to optimize ad placements, adjust bids, and personalize content based on audience demographics and behaviors. 5. Foster Industry Collaboration and Standards: o Participate in industry initiatives to develop and adopt standards for content formats, measurement metrics, and reporting practices. Collaboration with industry bodies can streamline operations, improve interoperability, and enhance the overall effectiveness of DOOH campaigns. Opportunities in the Digital Out of Home (DOOH) Market: 1. Expansion in Emerging Markets: o Explore opportunities in emerging markets with growing urban populations and increasing advertising expenditures. Tailor DOOH solutions to the unique cultural and economic conditions of these regions to capture new growth opportunities. 2. Integration with Mobile and Online Channels: o Develop integrated advertising campaigns that combine DOOH with mobile and online channels. Utilize cross-platform strategies to create seamless, multi-touchpoint experiences that enhance brand visibility and engagement. 3. Adoption of Advanced Technologies: o Invest in advanced technologies such as augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) to create innovative and immersive advertising experiences. These technologies can differentiate DOOH offerings and attract tech-savvy advertisers. 4. Utilization of Real-Time Data and Analytics: o Harness real-time data and analytics to improve campaign performance and provide actionable insights. Use audience analytics, traffic patterns, and environmental data to deliver targeted, context-aware advertisements that resonate with viewers. 5. Sustainability Initiatives: o Embrace sustainability initiatives by adopting energy-efficient displays, renewable energy sources, and eco-friendly materials. Position DOOH as an environmentally responsible advertising medium, appealing to brands that prioritize sustainability. United States market for Digital OOH is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Digital OOH is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030. Europe market for Digital OOH is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030. Global key Digital OOH players cover JCDecaux, Clear Channel Outdoor, Focus Media, Stroer and Lamar Advertising, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital OOH market by product type, application, key players and key regions and countries. Segmentation by type Transit Advertising Billboard Street Furniture Advertising Others Segmentation by application BFSI IT and Telecom Automotive and Transportation Education Entertainment Healthcare Consumer Goods and Retail Government and Utilities Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. JCDecaux Clear Channel Outdoor Focus Media Stroer Lamar Advertising Outfront Media Global (Exterion Media) oOh!media APG SGA Publicis Groupe (Metrobus) Intersection Ocean Outdoor Adams Outdoor Advertising Capitol Outdoor Blue Outdoor Primedia Outdoor Lightbox OOH Video Network Captivate Network Burkhart Advertising Euromedia Group Stott Outdoor Advertising AirMedia TOM Group White Horse Group Phoenix Metropolis Media Balintimes Hong Kong Media
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