One of the oldest forms of promotion, outdoor or out-of-home (OOH) advertisement is employed by advertisers to promote their products and services in public spaces. The advertisements can be placed on billboards and posters; in bus shelters, airports, shopping centres, kiosks and stadiums; inside and outside buses, trains and taxis. Outdoor advertising represents a cost-efficient and long-lasting form of advertisement with wide coverage. Moreover, consumers are constantly exposed to outdoor advertisements as they are posted in frequently visited open spaces. As a result, organisations employ outdoor advertising in combination with other media platforms in order to expand their reach and increase the recall value of their advertisements. According to IMARC Group’s latest report, titled, “Global Outdoor Advertising Market Report & Forecast 2021-2026”, the global outdoor advertising market reached a value of US$ 38.6 Billion in 2020.
A number of factors are expected to drive the growth of the global outdoor advertising over the forecast period. Infrastructural development, particularly in the emerging economies, will increase the space which can be used for outdoor advertising. The transport system also represents a profitable means of outdoor advertising as a large number of people use public transport to commute. The modernization of public transport will further drive the growth this market. Other factors include onset of digital outdoor advertising, growth of the retail sector and rising urban population. Looking forward, IMARC Group expects the global outdoor advertising market to exhibit moderate growth during the forecast period (2021-2026).
On the basis of segments, the report has divided the market into billboard, transport and street furniture advertising. On the basis of type, the market has been divided into traditional and digital advertising. The report has also analysed the industries which actively use outdoor advertisement for promoting their products and services. Region-wise, the report has covered Asia, Australasia, Europe, Latin America and Middle East and Africa. The report has also analysed the competitive landscape of the market. Some of the key global players include Storer Media, Clear Channel Outdoor, Lamar Advertising, JCDecaux, etc.
This report provides a deep insight into the global outdoor advertising industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, key market drivers and challenges, recent trends, Porter’s five forces analysis, outdoor advertising pricing models, margins in outdoor advertising, etc. This report is a must-read for entrepreneurs, researchers, consultants, investors, business strategists, and all those who have any kind of stake or are planning to foray into the outdoor advertising industry in any manner.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Introduction
3.1 Overview
3.2 Executive Summary
3.3 Key Industry Trends
4 Global Advertising Market
4.1 Current and Historical Market Trends
4.2 Performance of Various Segments
4.3 Performance of Various Regions
4.4 Key Players and their Market Shares
4.5 Market Forecast
5 Global Outdoor Advertising Market
5.1 Market Overview
5.2 Current and Historical Market Trends
5.3 Impact of COVID-19
5.4 Performance by Region
5.4.1 Asia
5.4.1.1 China
5.4.1.2 Japan
5.4.1.3 India
5.4.1.4 South Korea
5.4.1.5 Others
5.4.2 Australasia
5.4.2.1 Australia
5.4.2.2 New Zealand
5.4.2.3 Others
5.4.3 Europe
5.4.3.1 Germany
5.4.3.2 France
5.4.3.3 United Kingdom
5.4.3.4 Italy
5.4.3.5 Spain
5.4.3.6 Russia
5.4.3.7 Others
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Others
5.4.5 Middle East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 UAE
5.4.5.3 Egypt
5.4.5.4 South Africa
5.4.5.5 Others
5.5 Market Breakup by Type
5.5.1 Traditional Outdoor Advertising Market
5.5.2 Digital Outdoor Advertising Market
5.6 Performance by Segment
5.6.1 Billboard Advertising
5.6.2 Transport Advertising
5.6.3 Street Furniture Advertising
5.6.4 Others
5.7 Market Breakup by Industry
5.8 Market Forecast
5.9 Outdoor Advertising Pricing Models
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Research
5.11.2 Content Development
5.11.3 Advertising Agencies
5.11.4 Outdoor Media (Billboards, Public Transport, Street Furniture, etc.)
5.11.5 Audience
5.12 Porters Five Forces Analysis
5.12.1 Bargaining Power of Suppliers
5.12.2 Bargaining Power of Buyers
5.12.3 Threat of Substitutes
5.12.4 Competitive Rivalry
5.12.5 Threat of New Entrants
5.13 Key Challenges
6 Global Outdoor Advertising Market: Competitive Landscape
6.1 Market Structure
6.2 Profiles of Leading Players
List of Figures
Figure 5 1: Global: Advertising Market: Sales Value (in Billion US$), 2015-2020
Figure 5 2: Global: Advertising Market: Breakup by Segment (in %), 2020
Figure 5 3: Global: Advertising Market: Regional Breakup by Value (in Billion US$), 2015 and 2020
Figure 5 4: Global: Advertising Market: Regional Breakup (in %), 2020
Figure 5 5: Global: Advertising Market: Share of Key Players (in %), 2020
Figure 5 6: Global: Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 5 7: Global: Advertising Market Forecast: Breakup by Segment (in %), 2026
Figure 5 8: Global: Advertising Market Forecast: Regional Breakup (in %), 2026
Figure 6 1: Global: Outdoor Advertising Market: Sales Value (in Billion US$), 2015-2020
Figure 6 2: Global: Outdoor Advertising Market: Regional Breakup by Value, 2020 and 2026
Figure 6 3: Global: Outdoor Advertising Market: Breakup by Region (in %), 2020
Figure 6 4: Asia: Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 5: Asia: Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 6: Australasia: Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 7: Australasia: Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 8: Europe: Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 9: Europe: Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 10: Latin America: Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 11: Latin America: Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 11: Middle East and Africa: Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 12: Middle East and Africa: Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 13: Global: Outdoor Advertising Market: Breakup by Type (in %), 2020
Figure 6 14: Global: Traditional Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 15: Global: Traditional Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 16: Global: Digital Outdoor Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 17: Global: Digital Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 18: Global: Outdoor Advertising Market: Breakup by Segment (in %), 2020
Figure 6 19: Global: Billboard Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 20: Global: Billboard Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 21: Global: Transport Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 22: Global: Transport Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 23: Global: Street Furniture Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 24: Global: Street Furniture Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 25: Global: Others Advertising Market: Sales Value (in Billion US$), 2015 and 2020
Figure 6 26: Global: Others Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 27: Global: Outdoor Advertising Market: Breakup by Industries (in %), 2020
Figure 6 28: Global: Outdoor Advertising Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6 29: Global: Outdoor Advertising Market: Breakup by Region (in %), 2026
Figure 6 30: Global: Outdoor Advertising Market: Breakup by Segment (in %), 2026
Figure 6 31: Outdoor Advertising Market: SWOT Analysis
Figure 6 32: Outdoor Advertising Market: Value Chain Analysis
Figure 6 33: Outdoor Advertising Market: Porter’s Five Forces Analysis
List of Tables
Table 3 1: Global: Advertising Market: Performance of Various Segments, (in Billion US$), 2015-2020
Table 3 2: Global: Advertising Market Forecast: Performance of Various Segments, (in Billion US$), 2021-2026