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Digital Marketing Spending Market from Interactive Media & Services Industry to Register 6.53% CAGR during 2021-2025 | TechnavioNEW YORK, Aug. 20, 2021 /PRNewswire/ -- Technavio forecasts the digital marketing spending market to grow by USD 128.83 billion, at 6.53% CAGR during 2021-2025. The digital marketing spending market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market.
View our exclusive report on Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. Download FREE Sample Report in one click! The market is driven by global digital transformation, increased credibility, and the proliferation of digital marketing software. Users are increasingly adopting digital marketing software due to the benefit of convenience, flexibility, and improved functionality. The market growth, however, may face hindrance from challenges including lack of short-term return on investment, piracy issues in the digital content market, and the threat of fraud in RTB systems. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters The digital marketing spending market is segmented by Type (Search ads, Display ads, Social media, E-mail Marketing, and Others) and Geography (APAC, North America, Europe, South America, and MEA). The search ads segment was the largest revenue-generating type segment as it is used for placing online advertisements strategically on web pages showing results from search engine queries. In terms of geography, 39% of the market's growth will originate from APAC during the forecast period due to the growing popularity of digital media. The digital marketing spending market covers the following areas: Digital Marketing Spending Market Sizing
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Related Reports: Digital Retail Marketing Market by Type, Platform, and Geography - Forecast and Analysis 2020-2024 Key Topics Covered: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Platform
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact
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