Global Cloud Advertising Market

 The global cloud advertising market was valued at USD 167.12 billion in 2020, and it is expected to reach a value of USD 416.84 billion by 2027, at a CAGR of 15.90% over the forecast period (2021 - 2027). 

Cloud advertising refers to cloud-based services that support the transaction, advertisement-related data, and product selection, with the price and content finalized at the time of end-user access. Marketing has evolved significantly over the last decade. With the increasing adoption of internet access among end-users, marketers have adopted a strategy to target specific customers based on their needs from the comfort of their own homes. Outdoor marketing is no longer the only way to reach a specific audience. Marketing techniques such as email marketing and social media marketing assist end-users in attracting the target audience.

The rising demand for consumer analytics and targeted marketing is propelling the cloud advertising market forward. The rise in digitization and the growing popularity of e-commerce among people are important factors driving the growth of the cloud advertising market. Nearly 80% of U.S. businesses that use cloud services have two or more major cloud providers. During the forecast period, the majority of North American brands are expected to increase their cloud marketing and advertising budgets by nearly 25%. Furthermore, consumers now prefer to do all of their shopping online.

Know more https://skyquestt.com/report/cloud-advertising-market

Top Players Company Profiles

AWS (US)

Microsoft (US)

Alibaba Cloud (China)

IBM (US)

Salesforce (US)

Google (US)

Oracle (US)

SAP (Germany)

Mendix (US)

Zoho Corporation (India)

Get sample report https://skyquestt.com/sample-request/cloud-advertising-market

Global Cloud Advertising Market Segmental Analysis

The Global Cloud Advertising market is segmented based on service type, user group, deployment type, end-user, and region. Based on Service Type it is categorized into Infrastructure as a Service (IaaS), Software as a Service (SaaS), Platform as a Service (PaaS), Based on User Group it is categorized into SMEs and Large Enterprises, Based on Deployment Model it is categorized into Public Cloud, Private Cloud, Hybrid Cloud, Based on End User it is categorized into BFSI, Government, IT & Telecommunication, Media & Entertainment, Retail Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by End-user 

During the forecast period, the retail segment is expected to have a dominant market share. With its continued emphasis on leveraging internet technologies, the retail vertical is becoming more customer-centric. Due to rising consumer purchasing power, it is expected to be one of the fastest-growing verticals. The retail and eCommerce industry has progressed far beyond the goods displayed in store windows to the availability of goods on mobile devices via the internet. Before purchasing products, buyers compare prices, read product reviews, and visit competitor websites. According to SQ analysis, 82% of marketers start their customer journey online before making a physical purchase. To remain competitive in the market, retailers use a variety of marketing strategies to attract customers to the physical store rather than the online eCommerce platform.

 Analysis by User type

During the forecast period, the Small and Medium Enterprise segment is expected to have a dominant market share. The cloud advertising market is expanding, and cloud advertising solutions are being adopted by a wide range of end-users for a wide range of applications. These solutions are being widely adopted by both large corporations and medium-sized enterprises. The section on organization size has been divided into sections based on the total number of employees in an organization. Due to the growth of big data across all industries, both large enterprises and SMEs are adopting cloud-based data warehouse solutions around the world.

About Us-

SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

Contact Us-

SkyQuest Technology Consulting Pvt. Ltd.

1 Apache Way,

Westford,

Massachusetts 01886

USA (+1) 617-230-0741

Email- info@skyquestt.com

Website: https://www.skyquestt.com/

Reports you may be interested in :

Global PaaS Market

Global Humanoid Robot Market

Global 3D Glasses Market

Global Artificial Intelligence in Retail Market

Comments

Post a Comment

Popular posts from this blog

Osteoarthritis Pain Drugs Market and Ecosystem, Growth Challenges, Forthcoming Developments

 Global Osteoarthritis Pain Drugs Market Research Report provides the brief information about  Market size, share, drivers, restraints, and so on. Moreover, this report includes the  approximate study of different segments in terms of overall growth, development, opportunity,  business strategies, procedures etc. for the forecast period of 2027. The report contains the  fundamentals produced and advancements by different application Share and the latest trend  gaining momentum in the market that increases awareness about Osteoarthritis Pain Drugs  market. to know more https://www.marketwatch.com/press-release/osteoarthritis-pain-drugs-market-  and-ecosystem-growth-challenges-forthcoming-developments-2022-03-08? mod=search_headline The Top players are Pfizer Bayer SK Chemicals GSK Sanofi Crystal Genomics Johnson & Johnson Sino Biopharmaceutical Haohai Biological Zhejiang Chengyi Pharmaceutical Freda Bright Future Jingfeng Pharmaceutical Chugai ...
Read more

Supply Chain Analytics Market

  The global supply chain analytics market was valued at USD 3,552.17 Million in 2020, and it is expected to reach a value of USD 10,452.3 Million by 2027, at a CAGR of 15.75% over the forecast period. The supply chain analytics (SCA) market is seeing rising demand as a result of greater awareness of the benefits of SCA solutions such as forecasting accuracy, supply chain optimization, waste minimization, and meaningful synthesis of business data. The growing number of small and medium-sized businesses, as well as their increased investment on applying analytics in order to maintain a strong market position and compete with other market players, are likely to drive market expansion throughout the forecast period.   Know more https://skyquestt.com/report/supply-chain-analytics-market   Segmental Analysis The global supply chain analytics market is segmented based on Software: Supplier Performance Analytics, Demand Analysis and Forecasting, and Inventory An...
Read more

Global Optoelectronics Market Research Report 2016-2026

  The global Optoelectronics market will reach 100 Million USD in 2021 with CAGR 2021-2026. The objective of report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc. Know more https://www.insidemarketreports.com/report/10/917680/Optoelectronics Based on products type, the report describes major products type share of regional market. Products mentioned as follows: LED  Image Sensor  Infrared (IR) Component  Laser Diode  Optocouplers  Others Leading vendors in the market are included based on profile, business performance etc. Vendors mentioned as follows: Cree, Inc.  Omnivision Technologies, Inc.  On Semiconductor Corporation  Osram Licht Ag  Koninklijke Philips N.V.  General Electric Company  Sony Corporation  Samsung Electro...
Read more