Cloud
advertising solution offers building blocks for virtual advertising platforms
in online and social media websites for better and effectual advertisement of
brands and services. In the past few years, with the rise in demand for dynamic
optimization of advertisements and virtual campaign orchestration process, various
industries such as retail, business service providers, media & entertainment
and others implement cloud advertising solutions at a rapid pace. The significant factors boosting the growth of the
global cloud advertising market are functional potential and cost
effectiveness. Moreover, additional factors which are also responsible in propelling
the cloud advertising market are increase in number of small & medium
enterprises across all regions and rising awareness of cloud-based advertising
in developing countries such as China and India. Furthermore, the rising
number of smartphone users and rising internet penetration, and growing
consumption of digital media have resulted in a significant increase in online
users. This creates a new path for dynamic advertising, which will provide more
opportunities for the cloud advertising market in the future. As per the report
by Statista, the number of smartphone users is projected to increase to 7.5
billion by 2026. These smartphone users will have access to the internet and
will use more digital content, which consequently will create more
opportunities for the cloud advertising market in the future. Technological advancements regarding the internet, along with
its rising commercial application, have not only shaped the development of
cloud advertising through various forms of digital advertising but have also improved
the advertising business models, coupled with the market levels and players.
However, the dearth of IT infrastructure in under developed
regions is projected to restrain the growth of the market.
In addition, the outdoor marketing is no longer the solely
medium to reach the targeted audience; these days, marketers can market their
products and services to the target audience as they prefer. Various forms of
marketing can help end users to reach the exact type of customer they want. Various
types of marketing, such as email marketing, social media marketing, etc., assist
end users analyze the target audience. Data analytics offer marketers precise
details of their target audience so that advertising can be optimized and lead
to optimized results. This surging demand for targeted marketing and consumer
analytics fuels the growth of the cloud advertising market.
The
global Cloud Advertising Market is segregated on the basis of Type as Public
Cloud, Private Cloud and Hybrid Cloud. Based on Service the global Cloud
Advertising Market is segmented in Infrastructure as a Service (IaaS), Software
as a Service (SaaS) and Platform as a Service (PaaS). Based on End Users the
global Cloud Advertising Market is segmented in Retail, Media and
Entertainment, IT and Telecom, BFSI, Government and Other End Users.
The
global Cloud Advertising Market report provides geographic analysis covering
regions, such as Europe, North America, Asia Pacific, and Rest of The World.
The Cloud Advertising Market for each region is further segmented for major
countries including the U.S., Canada, Germany, the U.K., France, Italy, China,
India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Adobe
Inc., Google LLC (Alphabet Inc.), Sprinklr Inc., Oracle Corp., IBM Corp. and
others are among the major players in the global Cloud Advertising Market. The
companies studied in terms of product strategy and various n several growth and
expansion strategies to gain a competitive edge in the market. The major
players not only follow value chain integration with business operations in
multiple stages of the value chain.
- In June
2018, Adobe acquired Magento Commerce, a leading commerce platform, and the
acquisition is anticipated to deliver a single, end-to-end digital experience
platform, as well as content creation, advertising, marketing, analytics and
commerce for the B2B and B2C customers. The Magento Platform brings together order
management, digital commerce and predictive intelligence to allow shopping
experiences which scale for businesses of any size.
- In
September 2021, Salesforce launched new AI-powered innovations for Marketing
Cloud which support companies to humanize every interaction; make trusted,
first-party data the foundation of their digital strategy; and optimize
marketing effect with unified analytics.
- In
September 2021, IBM declared the launch of new AI and automation potentials in
IBM Watson Assistant designed to make it easier for businesses to create improved
customer service experiences across any channel – phone, web, SMS and any
messaging platform.
The global Cloud Advertising Market has been
segmented as below:
Cloud
Advertising Market, By Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
Cloud
Advertising Market, By Service
- Infrastructure as a Service (IaaS)
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
Cloud Advertising
Market, By End Users
- Retail
- Media and Entertainment
- IT and Telecom
- BFSI
- Government
- Other End Users
Cloud
Advertising Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Cloud
Advertising Market, By Company
- Stratasys, Ltd.
- Adobe Inc.
- Google LLC (Alphabet Inc.)
- Sprinklr Inc.
- Oracle Corp.
- IBM Corp.
- Marin Software
- Microsoft Corp.
- Salesforce.com Inc.
- Amazon Web Services Inc.
- InMobi Pte Ltd.
- SAP SE
- Acquia
- Demandbase
- Imagine Communications
- MediaMath
- Sailthru
The
report covers the below scope:
- Global Cloud Advertising Market
sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Cloud Advertising Market
trends, covering comprehensive range of consumer trends & manufacturer
trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Cloud
Advertising Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Cloud Advertising Market report scope
includes detailed study covering underlying factors influencing the industry
trends. The report covers analysis on regional and country level market
dynamics. The scope also covers competitive overview providing company market
shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares
and profiles key participants in the global Cloud Advertising Market share.
Major industry players with significant revenue share include Adobe
Inc., Google LLC (Alphabet Inc.), Sprinklr Inc., Oracle Corp., IBM Corp. and others.
Why to
Buy this Report:
- Gain detailed insights on the Cloud Advertising
industry trends
- Find complete analysis on the
market status
- Identify the Cloud Advertising
Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement