Global AD Tech Software Market Size By Solution, By Deployment Model, By End User, By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global AD Tech Software Market Size By Solution, By Deployment Model, By End User, By Geographic Scope And Forecast
AD Tech Software Market Size And Forecast
AD Tech Software Market size was valued at USD 579.4 Billion in 2023 and is projected to reach USD 1494.92 Billion by 2030, growing at a CAGR of 14.5% during the forecast period 2024-2030.
Global AD Tech Software Market Drivers
The market drivers for the AD Tech Software Market can be influenced by various factors. These may include
- Increased Spending on Digital Advertising As companies spend more on digital advertising, there is a growing need for ad tech tools to handle and improve campaigns.
- Data-driven Advertising By using data analytics to target consumers more precisely, ad tech software increases conversion rates and returns on investment for marketers.
- Programmatic Advertising The need for ad tech software has increased due to the automation of the purchasing and selling of ads through programmatic advertising platforms, which has increased digital advertising’s efficacy and efficiency.
- Growth in Mobile Advertising As smartphones and other mobile devices become more commonplace, mobile advertising has grown significantly. This has created a demand for ad tech solutions that can target mobile users.
- Emergence of New Technologies To enable more sophisticated targeting and personalization capabilities, ad tech software is increasingly integrating technologies like augmented reality (AR), machine learning, and artificial intelligence (AI).
- Ad tech solutions that make compliance easier have been adopted as a result of regulatory changes pertaining to privacy, such as the CCPA and GDPR, which have compelled marketers to embrace more transparent and privacy-compliant advertising strategies.
- Growing Need for Video Advertising Because video advertising is so successful at capturing viewers’ attention, there is a growing need for ad tech solutions that can accommodate various forms of video advertising.
- Growing Requirement for Native Advertising As a result of the growing popularity of native advertising, which integrates seamlessly with the platform’s content, ad tech software that enables native ad placements is becoming more and more necessary.
Global AD Tech Software Market Restraints
Several factors can act as restraints or challenges for the AD Tech Software Market. These may include
- Ad Blocking The prevalence of ad-blocking software reduces the efficiency of ad tech solutions by limiting the reach of digital advertising.
- Privacy Concerns The gathering and use of user data for targeted advertising may be restricted by tightening laws and raising consumer awareness of data privacy.
- Competition There are a lot of companies in the market providing comparable products, which is very competitive and can result in price wars and margin pressure.
- Complexity Ad tech software can be difficult to use and administer, needing specific training and expertise, which may be a deterrent for certain businesses.
- Fraud Costing advertisers billions of dollars annually, ad fraud is a serious problem in the industry that undermines consumer confidence in digital advertising.
- Ad Viewability It might be difficult to make sure that people are truly seeing advertising because they can be positioned on pages where they are difficult to see or blocked by other components.
- Ad Quality Upholding the caliber of advertisements is crucial for efficacy and user experience, but it can be difficult in a hectic, automated setting.
Global AD Tech Software Market Segmentation Analysis
The Global AD Tech Software Market is Segmented on the basis of Solution, Deployment Model, End User, And Geography.
AD Tech Software Market, By Solution
- Demand-side platforms (DSPs) These platforms allow advertisers to buy ad inventory from multiple sources in an automated way.
- Supply-side platforms (SSPs) These platforms connect publishers with advertisers, allowing them to sell their ad inventory.
- Ad networks These are networks of websites and apps that sell ad space to advertisers.
- Data management platforms (DMPs) These platforms collect and manage data from various sources to help advertisers target their campaigns more effectively.
AD Tech Software Market, By Deployment Model
- Cloud-based This is the most popular deployment model, as it is scalable and cost-effective.
- On-premise This model involves installing the software on the user’s own servers. It is less common but may be preferred by some businesses for security reasons.
AD Tech Software Market, By End User
- Retail and consumer goods
- IT and telecom
- BFSI (banking, financial services, and insurance)
- Media and entertainment
- Others (e.g., healthcare, education)
AD Tech Software Market, By Geography
- North America Market conditions and demand in the United States, Canada, and Mexico.
- Europe Analysis of the AD Tech Software Market in European countries.
- Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
- Middle East and Africa Examining market dynamics in the Middle East and African regions.
- Latin America Covering market trends and developments in countries across Latin America.
Key Players
The major players in the AD Tech Software Market are
- Meta (formerly Facebook)
- Amazon Advertising
- The Trade Desk
- Adobe Advertising Cloud
- AppNexus
- Verizon Media
- Criteo
- MediaMath
- LiveRamp
- PubMatic
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Google, Meta (formerly Facebook), Amazon Advertising, The Trade Desk, Adobe Advertising Cloud, Verizon Media, Criteo |
SEGMENTS COVERED | By Solution, By Deployment Model, By End User, And By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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