Cloud Advertising Market - Segmented by Type (Private, Public, Hybrid), Services (IaaS, SaaS, PaaS), End User (Government Utilities, Private Organizations, Healthcare), and Region - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The cloud advertising market was valued at USD 166.99 billion in 2020 and is expected to reach a value of USD 397.02 billion by 2026 at a CAGR of 15.7 %, over the forecast period (2021 - 2026). Technological advancements concerning the internet, combined with its increasing commercial application and the rapid growth in the number of internet users worldwide, have not only shaped the evolution of cloud advertising through different forms of digital advertising but have also enhanced the advertising business models, along with the market levels and players.
Key HighlightsThe prominent players across the market have high level of market penetration into the cloud premises, bearing higher sustainable competitive advantage through innovation. All the remaining cloud advertising companies are competing to capture considerable market share, leading to high competitive rivalry. The companies operating in the market are also acquiring companies working on Cloud Advertising technologies to strengthen their product capabilities.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook