Global Advertising Agencies Market Report 2022 – Market Forecast, Trends And Strategies

27 Jan, 2022

The global advertising agencies market is expected to grow from $346.12 billion in 2021 to $383.67 billion in 2022 at a compound annual growth rate (CAGR) of 10.8%. The growth in the advertising agencies market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The advertising agencies market is expected to reach $553.11 billion in 2026 at a CAGR of 9.6%.

What is the Global Advertising Agencies Market?

The advertising agencies market consists of the sales of advertising services and related goods by entities (organizations, sole traders and partnerships) that plan, develop, create and manage advertisement and promotional activities in newspapers, radio, television, websites and social media sites.

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What drives the Global Advertising Agencies Market?

An increase in advertisement spending across industries is expected to drive the demand for the advertising agencies market. Video and mobile ads are major contributors to the increase in ad investment. The retail industry has the highest percentage of total spend on advertising. Therefore, the rise in advertisement spending is predicted to fuel the demand for the advertising agencies market.

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Global Advertising Agencies Market Segments
The global advertising agencies market is segmented:
By Mode: Online Advertising, Offline Advertising
By Type: TV, Digital, Radio, Print, Out-of-home (OOH), Others
By End-User Industry: Banking, Financial Services, and Insurance Sector (BFSI), Consumer Goods and Retail, Government and Public Sector, IT & Telecom, Healthcare, Media & Entertainment
By Geography: The regions covered in the advertising agencies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Advertising Agencies Global Market Report 2022provides market size and growth forecasts for the global advertising agencies market, global advertising agencies market share, advertising agencies market segments and geographies, advertising agencies market competitive landscape including leading competitors’ revenues, profiles and market shares. The advertising agencies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Advertising Agencies Industry Playersinclude Caveni Digital Solutions, Socialiency Advertising, Tegra, BrandBurp Digital, Plan Z, Titan SEO Group, Breakneck Creative, Thevisiontech, Dentsu Inc., WPP PLC and Omnicom Group Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.