High Long-Term Growth In The Digital Advertising Market Is Expected To Continue Through To 2031 – EIN News

The Business Research Company’s Digital Advertising Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026

LONDON, GREATER LONDON, UK, July 4, 2022 /EINPresswire.com/ — The market experienced an unusual spike in revenues (25.9%) in 2020-21, which we might assume, is a spin-off “blip” in advertising activity due to COVID. The market is expected to settle back into a long-term growth trend of around 15% in 2022 and continue at this level through to 2031. The size of the market has swollen considerably, from $104.5 Bn worldwide, in 2011, to $562.1 Bn in 2022, and is forecast to more than treble to $1,793.6 Bn, by 2031.

North America has the highest market share, followed by Asia Pacific and Western Europe. The other regions make up less than 7% of the global market.

In 2021-22, growth levels were high everywhere (15.7%), except Eastern Europe in (3.5%). However, all regions, including Eastern Europe, are expected to maintain high CAGR levels of 15.3% through to 2031….

Read Full Story: https://www.einnews.com/pr_news/579338870/high-long-term-growth-in-the-digital-advertising-market-is-expected-to-continue-through-to-2031

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source: https://news.oneseocompany.com/2022/07/04/high-long-term-growth-in-the-digital-advertising-market-is-expected-to-continue-through-to-2031-ein-news_2022070422950.html

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