
North America Digital Advertising Market Size, Share & Trends Analysis Report By Offering (Solution, and Services), By Platform, By Format (Video, Image, Text, and Others), By Type, By End-user, By Country and Growth Forecast, 2023 - 2030
Description
North America Digital Advertising Market Size, Share & Trends Analysis Report By Offering (Solution, and Services), By Platform, By Format (Video, Image, Text, and Others), By Type, By End-user, By Country and Growth Forecast, 2023 - 2030
The North America Digital Advertising Market would witness market growth of 13.6% CAGR during the forecast period (2023-2030).
Driving traffic to websites is a fundamental use of digital advertising. Whether through search engine advertising, display ads, or social media promotion, businesses aim to direct users to their online properties. Increased website traffic enhances visibility and provides opportunities for engagement, lead generation, and conversion. Advertisers often employ search engine optimization (SEO) and the advertising strategies to maximize website visibility. It is an effective means of promoting events, whether they are virtual or physical. Tailored utilization of social media platforms, email marketing campaigns, and display ads can effectively stimulate attendance and raise awareness.
The targeted nature of these advertising ensures that event promotions reach relevant audiences, maximizing the impact of promotional efforts. It provides a platform for showcasing new products and promoting special offers or promotions. Video content has evolved into a powerful medium for product introductions, allowing businesses to illustrate features and benefits engagingly. Targeted campaigns ensure that promotional messages reach audiences likely interested in the specific products or offers.
As per the International Trade Administration (ITA), the US automotive industry is one of the world's largest. In 2020, the United States sold 14.5 million light vehicles. The United States is the world's second-largest vehicle sales and production region. E-commerce platforms in Canada serve as key channels for these advertising. According to the ITA, in 2022, there were more than 27 million e-commerce users in Canada, or 75% of the population. This percentage is anticipated to reach 77.6% by 2025. Retail eCommerce sales in Canada are rising due to increased online shoppers. E-commerce sales were estimated to be around US$2.34 billion in March 2022. Therefore, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Digital Advertising Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $243,243.1 million by 2030. The Canada market is experiencing a CAGR of 16.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 15.2% during (2023 - 2030).
Based on Offering, the market is segmented into Solution, and Services. Based on Platform, the market is segmented into Smartphone, Computer, and Others. Based on Format, the market is segmented into Video, Image, Text, and Others. Based on Type, the market is segmented into Search Advertising, Banner Advertising, Video Advertising, Social Media Advertising, Native Advertising, and Interstitial Advertising. Based on End-user, the market is segmented into Retail, Automotive, Consumer Electronics, Healthcare & Lifesciences, Media & Entertainment, BFSI, Education, IT & Telecommunication, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Adobe, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Baidu, Inc.
- ByteDance Ltd.
- Publicis Groupe (Epsilon Data Management, LLC)
- Meta Platforms, Inc. (Meta)
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Verizon Communications, Inc.
- X Corp. (Twitter, Inc.)
By Offering
- Solution
- Services
- Smartphone
- Computer
- Others
- Video
- Image
- Text
- Others
- Search Advertising
- Banner Advertising
- Video Advertising
- Social Media Advertising
- Native Advertising
- Interstitial Advertising
- Retail
- Automotive
- Consumer Electronics
- Healthcare & Lifesciences
- Media & Entertainment
- BFSI
- Education
- IT & Telecommunication
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
152 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Digital Advertising Market, by Offering
- 1.4.2 North America Digital Advertising Market, by Platform
- 1.4.3 North America Digital Advertising Market, by Format
- 1.4.4 North America Digital Advertising Market, by Type
- 1.4.5 North America Digital Advertising Market, by End-user
- 1.4.6 North America Digital Advertising Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jan – 2023, May) Leading Players
- 4.4 Porter’s Five Force Analysis
- Chapter 5. North America Digital Advertising Market by Offering
- 5.1 North America Solution Market by Region
- 5.2 North America Services Market by Region
- Chapter 6. North America Digital Advertising Market by Platform
- 6.1 North America Smartphone Market by Country
- 6.2 North America Computer Market by Country
- 6.3 North America Others Market by Country
- Chapter 7. North America Digital Advertising Market by Format
- 7.1 North America Video Market by Country
- 7.2 North America Image Market by Country
- 7.3 North America Text Market by Country
- 7.4 North America Others Market by Country
- Chapter 8. North America Digital Advertising Market by Type
- 8.1 North America Search Advertising Market by Country
- 8.2 North America Banner Advertising Market by Country
- 8.3 North America Video Advertising Market by Country
- 8.4 North America Social Media Advertising Market by Country
- 8.5 North America Native Advertising Market by Country
- 8.6 North America Interstitial Advertising Market by Country
- Chapter 9. North America Digital Advertising Market by End-user
- 9.1 North America Retail Market by Country
- 9.2 North America Automotive Market by Country
- 9.3 North America Consumer Electronics Market by Country
- 9.4 North America Healthcare & Lifesciences Market by Country
- 9.5 North America Media & Entertainment Market by Country
- 9.6 North America BFSI Market by Country
- 9.7 North America Education Market by Country
- 9.8 North America IT & Telecommunication Market by Country
- 9.9 North America Others Market by Country
- Chapter 10. North America Digital Advertising Market by Country
- 10.1 US Digital Advertising Market
- 10.1.1 US Digital Advertising Market by Offering
- 10.1.2 US Digital Advertising Market by Platform
- 10.1.3 US Digital Advertising Market by Format
- 10.1.4 US Digital Advertising Market by Type
- 10.1.5 US Digital Advertising Market by End-user
- 10.2 Canada Digital Advertising Market
- 10.2.1 Canada Digital Advertising Market by Offering
- 10.2.2 Canada Digital Advertising Market by Platform
- 10.2.3 Canada Digital Advertising Market by Format
- 10.2.4 Canada Digital Advertising Market by Type
- 10.2.5 Canada Digital Advertising Market by End-user
- 10.3 Mexico Digital Advertising Market
- 10.3.1 Mexico Digital Advertising Market by Offering
- 10.3.2 Mexico Digital Advertising Market by Platform
- 10.3.3 Mexico Digital Advertising Market by Format
- 10.3.4 Mexico Digital Advertising Market by Type
- 10.3.5 Mexico Digital Advertising Market by End-user
- 10.4 Rest of North America Digital Advertising Market
- 10.4.1 Rest of North America Digital Advertising Market by Offering
- 10.4.2 Rest of North America Digital Advertising Market by Platform
- 10.4.3 Rest of North America Digital Advertising Market by Format
- 10.4.4 Rest of North America Digital Advertising Market by Type
- 10.4.5 Rest of North America Digital Advertising Market by End-user
- Chapter 11. Company Profiles
- 11.1 Adobe, Inc.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Product Launches and Product Expansions:
- 11.1.5.2 Acquisition and Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental Analysis
- 11.2.4 Recent strategies and developments:
- 11.2.4.1 Partnerships, Collaborations, and Agreements:
- 11.2.4.2 Product Launches and Product Expansions:
- 11.2.5 SWOT Analysis
- 11.3 Baidu, Inc.
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 SWOT Analysis
- 11.4 ByteDance Ltd.
- 11.4.1 Company Overview
- 11.4.2 SWOT Analysis
- 11.5 Publicis Groupe (Epsilon Data Management, LLC)
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional Analysis
- 11.5.4 SWOT Analysis
- 11.6 Meta Platforms, Inc. (Meta)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segment and Regional Analysis
- 11.6.4 Research & Development Expense
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.6 SWOT Analysis
- 11.7 Microsoft Corporation
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Partnerships, Collaborations, and Agreements:
- 11.7.5.2 Product Launches and Product Expansions:
- 11.7.6 SWOT Analysis
- 11.8 Google LLC (Alphabet Inc.)
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Segmental and Regional Analysis
- 11.8.4 Research & Development Expense
- 11.8.5 Recent strategies and developments:
- 11.8.5.1 Partnerships, Collaborations, and Agreements:
- 11.8.5.2 Product Launches and Product Expansions:
- 11.8.6 SWOT Analysis
- 11.9 Verizon Communications, Inc.
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental Analysis
- 11.9.4 Recent strategies and developments:
- 11.9.4.1 Partnerships, Collaborations, and Agreements:
- 11.9.4.2 Product Launches and Product Expansions:
- 11.9.5 SWOT Analysis
- 11.10. X Corp. (Twitter, Inc.)
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 Recent strategies and developments:
- 11.10.5.1 Partnerships, Collaborations, and Agreements:
- 11.10.5.2 Product Launches and Product Expansions:
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