Real-Time Bidding Market 2024 | Size, Share, Growth and Opportunity Till 2032
The latest report by IMARC Group, titled “Real-Time Bidding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global real-time bidding market size reached US$ 15.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 81.1 Billion by 2032, exhibiting a growth rate (CAGR) of 19.4% during 2024-2032.
Dynamic auctioning, known as real-time bidding (RTB), stands as a digital advertising tactic wherein ad space on websites and applications is instantly auctioned off. This process unfolds in real time, typically within mere milliseconds, upon the loading of a webpage. Advertisers vie for the opportunity to showcase their ads to specific audiences, guided by factors like user conduct, geographical location, and demographic profiles. Publishers offer their ad inventory within a marketplace, with the highest bidder securing placement for their ad, thereby maximizing revenue for publishers and optimizing ad expenditure for advertisers. Powered by advanced algorithms and data analytics, this technology enables instantaneous decision-making, fostering more targeted and efficient advertising endeavors. Consequently, real-time bidding has redefined the landscape of digital advertising, rendering it more streamlined and cost-effective for both advertisers and publishers.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/real-time-bidding-market/requestsample
Real-Time Bidding Market Trends and Drivers:
The surging momentum of the global real-time bidding market is predominantly propelled by the recent transition from conventional advertising channels to digital platforms. With the expanding ubiquity of the internet and mobile gadgets, advertisers are recognizing the imperative of targeting audiences in their online habitats. Furthermore, the augmentation of data analytics capabilities has facilitated more intricate and focused advertising endeavors, culminating in amplified returns on investment for businesses and positioning RTB as the favored option. Concurrently, the escalating emphasis on personalized and instantaneous customer interactions is expediting the uptake of RTB methodologies. Additionally, the continual evolution of Artificial Intelligence (AI) and machine learning (ML) technologies is refining the bidding process, rendering it increasingly automated and efficient, thereby stoking market expansion.
Competitive Landscape with Key Player:
Adobe Inc
AppNexus Inc
Criteo SA
Facebook Inc
Google LLC
Match2One AB
MediaMath, Inc
MoPub/ Twitter
Inc., PubMatic
Inc., Salesforce.com
inc., Smaato, Inc
The Rubicon Project
Inc., Verizon Media
WPP plc
Yandex Europe AG
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Auction Type:
Open Auction
Invitation-Auction
Breakup by Advertisement Format:
Video
Image
Breakup by Application:
Media & Entertainment
Retail and E-commerce
Games
Travel & Luxury
Mobile Applications
Others
Breakup by Device:
Mobile
Desktop
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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