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.
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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?
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INDUSTRY KEYWORD: ADVERTISING COMMUNICATIONS
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PUB: 11/20/2019 10:47 AM/DISC: 11/20/2019 10:47 AM