NEW YORK, March 5, 2021 /PRNewswire/ -- The digital OOH market is expected to decline by USD 3.78 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the digital OOH market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The digital OOH market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the next normal.
This post-pandemic business planning research will aid clients to:
Key Considerations for Market Forecast:
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Major Three Digital OOH Market Participants:
APG SGA SA
APG SGA SA operates the business through the Advertising segment. The company offers digital OOH advertising mainly in Switzerland and Serbia.
Clear Channel Outdoor Holdings Inc.
Clear Channel Outdoor Holdings Inc. operates the business through America's outdoor advertising and International outdoor advertising. Digital billboard advertising capabilities include social media integration, countdowns, day/week partying, live updates, conditional content such as weather and temperature, Outdoor Connect/WiFi/touchscreen.
Focus Media Information Technology Co. Ltd.
Focus Media Information Technology Co. Ltd. operates the business through the Building media segment. The company offers digital advertisement services through its digital frame network and LCD TV display network at office buildings, movie theatres, and restaurants.
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/digital-OOH-market-industry-analysis
Digital OOH Market 2020-2024: Segmentation
The Digital OOH market is segmented as below:
The digital OOH market is driven by the use of AI in OOH advertising. In addition, other factors such as the benefits of OOH advertisements over traditional advertisements are expected to trigger the digital OOH market toward witnessing a decelerating CAGR of over 4% during the forecast period.
Get more insights about the global trends impacting the future of the digital OOH market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43482
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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