Programmatic Advertising Spending Market Size to Grow by USD 314.27 Bn, Open Auction to be Largest Revenue-generating Application Segment - Technavio
NEW YORK, Oct. 13, 2022 /PRNewswire/ -- The "Programmatic Advertising Spending Market by Application, Display Type, and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offerings. The market size is set to grow by USD 314.27 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 26.66% during the forecast period, according to Technavio.
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Programmatic Advertising Spending Market: Segmentation Analysis
By application, the market has been segmented into open auction, automated guaranteed, invitation only, and unreserved fixed rate. The open auction segment will be the largest contributor to market growth during the forecast period. An open auction is a public sale wherein publishers allow buyers to participate. Buyers can assess the available inventory and bid accordingly. The growth of this segment is attributed to factors such as the increasing number of vendors venturing into the digital segment, which enables publishers to get the best price for their inventory through open auctions.
By geography, the market has been segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America will lead the programmatic advertising spending market during the forecast period. The growth of this region is attributed to factors such as high digital penetration.
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Programmatic Advertising Spending Market: Vendor Analysis
Adobe Inc., Adform AS, Alphabet Inc., Amazon.com Inc., Digilant Inc., Infectious Media Holdings Ltd., IPONWEB Ltd., Magnite Inc., Microsoft Corp., NextRoll Inc., Noboru Consultancy Services, Oracle Corp., Roku Inc., Simplifi Holdings Inc., Singapore Telecommunications Ltd., SmartyAds LLP, Sparcmedia Pty Ltd., StackAdapt Inc., Verizon Communications Inc., MediaMath Inc., among others, are the main players in the market. The key offerings of some of these vendors are listed below:
Adobe Inc. - The company offers programmatic ad-buying solutions such as Adobe Advertising and Adobe Marketo Engage.
Alphabet Inc. - The company offers programmatic ad-buying solutions through its subsidiary, Google LLC.
Amazon.com Inc. - The company offers advertising platform solutions such as Amazon DSP, Amazon Marketing Cloud, and Sizmek Ad Suite Create.
Magnite Inc. - The company offers a programmatic advertising platform through its subsidiary, SpotX Inc.
Simplifi Holdings Inc. - The company offers a programmatic ad spending platform named Roku Ad Manager.
Programmatic Advertising Spending Market: Market Drivers
The high penetration of digital advertising is driving the programmatic advertising spending market growth. The popularity of digital advertising has increased significantly owing to the rise in the adoption of digital platforms. The rise in smartphone shipments has encouraged advertisers to use digital platforms for posting ads. When compared to traditional marketing campaigns, digital marketing campaigns are three times more likely to be viewed. This will provide significant growth opportunities for small and medium-sized enterprises (SMEs) to expand their businesses on digital platforms.
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Programmatic Advertising Spending Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 26.66% |
Market growth 2022-2026 | USD 314.27 billion |
Market structure | Fragmented |
YoY growth (%) | 15.78 |
Regional analysis | North America, APAC, Europe, South America, and the Middle East and Africa |
Performing market contribution | North America at 34% |
Key consumer countries | US, India, China, Japan, Germany, and Brazil |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Key companies profiled | Adobe Inc., Adform AS, Alphabet Inc., Amazon.com Inc., Digilant Inc., Infectious Media Holdings Ltd., IPONWEB Ltd., Magnite Inc., Microsoft Corp., NextRoll Inc., Noboru Consultancy Services, Oracle Corp., Roku Inc., Simplifi Holdings Inc., Singapore Telecommunications Ltd., SmartyAds LLP, Sparcmedia Pty Ltd., StackAdapt Inc., Verizon Communications Inc., and MediaMath Inc. |
Market dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Application
5.1 Market segments
5.2 Comparison by Application
5.3 Open auction - Market size and forecast 2021-2026
5.4 Automated guaranteed - Market size and forecast 2021-2026
5.5 Invitation only - Market size and forecast 2021-2026
5.6 Unreserved fixed rate - Market size and forecast 2021-2026
5.7 Market opportunity by Application
6 Market Segmentation by Display Type
6.1 Market segments
6.2 Comparison by Display Type
6.3 Mobile - Market size and forecast 2021-2026
6.4 Desktop - Market size and forecast 2021-2026
6.5 Market opportunity by Display Type
7 Customer Landscape
7.1 Customer landscape overview
8 Geographic Landscape
8.1 Geographic segmentation
8.2 Geographic comparison
8.3 North America - Market size and forecast 2021-2026
8.4 APAC - Market size and forecast 2021-2026
8.5 Europe - Market size and forecast 2021-2026
8.6 South America - Market size and forecast 2021-2026
8.7 Middle East and Africa - Market size and forecast 2021-2026
8.8 US - Market size and forecast 2021-2026
8.9 India - Market size and forecast 2021-2026
8.10 China - Market size and forecast 2021-2026
8.11 Japan - Market size and forecast 2021-2026
8.12 Germany - Market size and forecast 2021-2026
8.13 Brazil - Market size and forecast 2021-2026
8.14 Market opportunity by geography
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
10.3 Landscape disruption
10.4 Industry risks
11 Vendor Analysis
11.1 Vendors covered
11.2 Market positioning of vendors
11.3 Adobe Inc.
11.4 Alphabet Inc.
11.5 Amazon.com Inc.
11.6 Magnite Inc.
11.7 Microsoft Corp.
11.8 Roku Inc.
11.9 Simplifi Holdings Inc.
11.10 Singapore Telecommunications Ltd.
11.11 SmartyAds LLP
11.12 Verizon Communications Inc.
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
12.3 Currency conversion rates for US$
12.4 Research methodology
12.5 List of abbreviations
About Technavio
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Email: media@technavio.com
Website: www.technavio.com/
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