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SpendEdge Forecasts a Spend Growth of over USD 190 Billion for the Advertising Production Services Market

November 20, 2019
SpendEdge Forecasts a Spend Growth of over USD 190 Billion for the Advertising Production Services Market
SpendEdge Forecasts a Spend Growth of over USD 190 Billion for the Advertising Production Services Market

LONDON--(BUSINESS WIRE)--Nov 20, 2019--

SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Advertising Production Services Market - Procurement Intelligence Report.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120005413/en/

Global Advertising Production Services Market Procurement Intelligence Report. (Graphic: Business Wire)

With the competition intensifying in the marketplace, industries such as textiles, education, and retail are finding it prudent to differentiate their brands from others in unique and appealing ways to churn more engagement among the potential customer base. Such an imposing necessity will draw substantial investments in the advertising production services market and will drive the CAGR at more than 6% through 2023. The advent and a subsequent prominence of mediums such as TV, digital, cinema, magazines, radio, and OOH are paving the way for extensive leverage of these services across various sectors.

The popularity of smartphones is favoring the execution of feature programmatic advertisements. This will drive the demand for the digital advertising section of this market,” says SpendEdge procurement expert Tridib Bora.

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What do the advertising production services price trends indicate?

Is your business challenged with price dynamism? With SpendEdge, you can now get free access to real-time procurement strategies to address such price dynamism and secure your position in the advertising production services market. To try our procurement platform for free, request a free demo.

What are the scopes of minimizing procurement spend in the advertising production services market?

Suppliers play prominent roles in aiding buyers to identify areas where they can compromise on their procurement spend even in markets that are ruled by frequent price dynamism. With their industry-specific knowledge, they are well-acquainted with the cost-saving avenues and the potential risks which they pass on to the buyers who seek cost-effective procurement in markets.

DISCOUNT ALERT: Contact us to get a 40% discount on this advertising production services market intelligence report or read the free sample report to know the best practices to optimize your procurement spend.

Some of the key topics covered in this report are:

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About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal

View source version on businesswire.com:https://www.businesswire.com/news/home/20191120005413/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: ADVERTISING COMMUNICATIONS

SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 11/20/2019 10:47 AM/DISC: 11/20/2019 10:47 AM

http://www.businesswire.com/news/home/20191120005413/en