The Out-of-Home Advertising Global Market Report 2023, provides comprehensive information on the out-of-home advertising market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/out-of-home-advertising-global-market-report
As per The Business Research Company’s Out-of-Home Advertising Global Market Report 2023, the global ooh (out-of-home advertising) market grew from $28.48 billion in 2022 to $31.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ooh (out-of-home advertising) market is expected to grow from $43.96 billion in 2027 at a CAGR of 8.9%.
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The out-of-home advertising market is segmented:
By Type:
Billboard
Transport
Street Furniture
Transit Displays
Other Types
By Platform:
Static
Digital
By Application:
Food and Beverage Industry
Vehicle Industry
Health and Medical Industry
Commercial and Personal Services
Consumer Goods
Other Applications
Asia-Pacific was the largest region in the out-of-home advertising market in 2022.
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology, with 6500+ reports. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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