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Global Public Relations Market 2016-2020

Global Public Relations Market 2016-2020

About Public Relations

PR is a reputation management tool deployed by organizations to enhance their credibility. It helps organizations understand and influence opinions and behavior of the target audience to establish or maintain their goodwill in the market. It has numerous benefits, with the power to reach mass audience being the predominant advantage. Newspapers and TV are the leading forms of mediums for PR. Another major factor that fosters market growth is cost-effectiveness of PR campaigns. Compared with advertising, PR is considered an extremely cost-effective marketing tool, which is used to increase the credibility of a company.

Technavio’s analysts forecast the global public relations market to grow at a CAGR of 6.77% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global public relations market for 2016-2020. To calculate the market size, the report presents the vendor landscape of the top five advertising spenders in the market and lists other prominent market vendors.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Public Relations Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DJE
  • IPG
  • Omnicom
  • Publicis
  • WPP
Other prominent vendors
  • APCO Worldwide
  • Coyne PR
  • Bell Pottinger
  • Dentsu
  • FTI Consulting
  • Havas
  • Hopscotch Group
  • Huntsworth
  • Kreab
  • Mikhailov & Partners
  • MWWPR
  • Prain Global
  • Ruder Finn
  • W2O Group
  • WE
Market driver
  • Rising need to gain competitive advantage.
  • For a full, detailed list, view our report
Market challenge
  • Less control over media content.
  • For a full, detailed list, view our report
Market trend
  • Adoption of programmatic PR in digital medium.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Public Relations Market 2016-2020

Technavio recognizes the following companies as the key players in the global public relations market: DJE, IPG, Omnicom, Publicis, and WPP.

Other prominent vendors in the market are: APCO, Coyne PR, Bell Pottinger, Dentsu, FTI Consulting, Havas, Hopscotch Group, Huntsworth, KREAB, Mikhailov & Partners, MMWPR, Prain Global, Ruder Finn, W2O, and WE.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is adoption of programmatic PR in digital medium. Programmatic advertising involves buying and selling online advertising display inventory through a bidding process. This process allows advertisers to bid for an online inventory that best fits their buyer profile. The audience response is predicted to calculate the floor price for advertising in a specific inventory. Various vendors in the marketplace help advertisers regulate bidding costs automatically, based on the profile of the viewers.”

According to the report, one of the primary drivers in the market is increased innovative tactics. The PR firms that are growing at a faster rate than the growth rate of the global PR market owe their growth to the increased use of innovative strategies. These firms understand the needs of their clients and have doubled down on innovative strategies such as reputation management, strategic integration, analytics, and social enterprise and have increased investments in a deep study of various industry sectors and practices. By implementing innovative tactics, they strive to become a complete communication entity. Some of the prominent innovations used by them include TrueIQ, a social analytics tool and content command center, and the Authenticity Gap, which provides true insights on reputation and brand image.

Further, the report states that one major challenge in the market is rapidly declining print medium. The demand for print media is declining due to high adoption of the digital medium. Classified ads, which were considered as one of the major sources of revenue in the print medium, could not compete with craigslist. Craigslist is a free service that provided a new model for classified ads using the digital medium. Due to this, major print vendors such as Time and New York Times significantly cut down on their budgets on the print segment in 2008. The advent of e-papers and e-magazines has also affected the sales of newspapers and magazines adversely. With print being the leading segment, contributing 50% to the global PR market, the declining sales of newspapers and magazines pose a significant challenge to the market, considering digital media does not create the same credibility as print media.



Companies Mentioned

DJE, IPG, Omnicom, Publicis, WPP, APCO, Coyne PR, Bell Pottinger, Dentsu, FTI Consulting, Havas, Hopscotch Group, Huntsworth, KREAB, Mikhailov & Partners, MMWPR, Prain Global, Ruder Finn, W2O, WE.

  • Executive Summary
    • Highlights
  • Scope of the report
    • Market overview
    • Base year
    • Vendor segmentation
    • Rounding off errors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Key market highlights
  • Market landscape
    • Steps for implementation of successful PR campaign
    • Market overview
      • Table Segmentation of global PR market
    • Market size and forecast
      • Table Global PR market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type of firm
    • Global PR market by type of firm
      • Table Global PR market by type of firms in 2015 and 2020
    • Public PR firms
      • Table Global PR market by public PR firm 2015-2020 ($ billions)
    • Private PR firms
      • Table Global PR market by private PR firm 2015-2020 ($ billions)
    • Segment comparison analysis
      • Table Segment comparison in global PR market 2015-2020 ($ billions)
  • Market segmentation by medium
    • Global PR market by medium
      • Table Global PR market by medium 2015 and 2020 (%)
    • Print
      • Table Global PR market by print 2015-2020 ($ billions)
    • TV
      • Table Global PR market by TV 2015-2020 ($ billions)
    • Company websites and press releases
      • Table Global PR market by company website and press release 2015-2020 ($ billions)
      • Table Top B2B content marketing techniques in terms of penetration
    • Influential marketing
      • Table Global PR market by influential marketing 2015-2020 ($ billions)
    • Social media
      • Table Global PR market by social media 2015-2020 ($ billions)
    • Events
      • Table Global PR market by event 2015-2020 ($ millions)
      • Table Leading B2B communication platforms in 2015
    • Segment comparison analysis
      • Table Segment comparison in global PR market 2015-2020 ($ billions)
  • Geographical segmentation
    • Global PR market by geography
      • Table Global PR market by geography 2015 and 2020
    • PR market in Americas
      • Table PR market in Americas 2015-2020 ($ billions)
    • PR market in EMEA
      • Table EMEA PR market 2015-2020 ($ billions)
    • PR market in APAC
      • Table APAC PR market 2015-2020 ($ billions)
    • Segment comparison analysis
      • Table Segment comparison in global PR market 2015-2020 ($ billions)
  • Key leading countries
    • Key leading countries in global PR market
      • Table Top countries in global PR market by market share 2015
      • Table Top 10 countries in global PR market by PR spend and market share 2015
  • Buying criteria
    • Table Buying criteria in global PR market
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table PR agencies under leading public groups
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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