Global Advertising Agencies Market Size To Exceed USD 620.65 Billion by 2035 | CAGR of 4.06%
Category: Electronics, ICT & MediaGlobal Advertising Agencies Market Size To Exceed USD 620.65 Billion by 2035
According to a research report published by Spherical Insights & Consulting, The Global Advertising Agencies Market Size is Expected to Grow from USD 400.50 Billion in 2024 to USD 620.65 Billion by 2035, at a CAGR of 4.06% during the forecast period 2025-2035.
Get more details on this report -
Browse key industry insights spread across 240 pages with 130 Market data tables and figures & charts from the report on the “Global Advertising Agencies Market Size, Share, and COVID-19 Impact Analysis, By Product & Service (Creative Services & Production, Campaign Planning & Management, Advertisement Placement, and Other), By Major Market (Personal Care & Consumer Products, Food & Drink Manufacturers, Automotive Manufacturers, Healthcare Sector, Telecommunication Providers, and Retail Stores), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/advertising-agencies-market
The advertising agency assists customers in developing, organising, and overseeing advertising campaigns across a range of media platforms. Growing ad spending in industries like personal care, automotive, retail, and healthcare, especially in mobile and video formats, which have now surpassed television ad spending, is driving the worldwide advertising agencies industry. China, where 73% of individuals have internet connection in 2021, is one example of a country where major brands are relying more and more on full-service digital marketing companies to run their campaigns. Government programs like Udyam, MSME registration increase growth prospects by providing agencies with significant subsidies for trade show promotions and digital tooling. Furthermore, technology advancements, especially AI-powered solutions like Kantar's Link AI for Digital, allow for quick and efficient testing of digital campaigns, increasing market penetration and creative efficiency. However, the advertising agencies grapple with a significant cybersecurity threat, emails, commonly used for outreach and campaign coordination.
The creative services & production segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product & service, the advertising agencies market is divided into creative services & production, campaign planning & management, advertisement placement, and other. Among these, the creative services & production segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by the continuously growing need for top-notch production skills and content. This market niche presents agencies as vital growth engines in a content-first, digitally-focused environment and delivers higher profits.
The personal care & consumer products segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the major market, the advertising agencies market is divided into personal care & consumer products, food & drink manufacturers, automotive manufacturers, healthcare sector, telecommunication providers, and retail stores. Among these, the personal care & consumer products segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is prompted as major advertising resources are continuously allocated by beauty and personal care businesses to high-impact media, including magazines, television, and increasingly digital platforms. Additionally, it is projected that the global beauty retail media market will grow rapidly, highlighting the industry's strategic worth for agencies and scalable spending power.
North America is expected to hold the majority share of the global advertising agencies market during the forecast period.
Get more details on this report -
North America is expected to hold the majority share of the global Advertising Agencies market during the forecast period. The advertising agencies market in North America is encouraged by high internet penetration, sophisticated digital infrastructure, and early embrace of cutting-edge technologies like machine learning and artificial intelligence. These elements make it possible to create advertising campaigns that are both highly targeted and successful. North America's dominance in the advertising sector is further cemented by the presence of large advertising agencies in the region that provide integrated services and sustain enduring client connections.
Asia Pacific is anticipated to grow at the fastest pace in the global Advertising Agencies market during the forecast period. The advertising agencies market in the Asia Pacific is bolstered by its digital transformation, as more individuals use smartphones to access the internet, which allows for higher programmatic spending and consumption of mobile advertising.
Major vendors in the global advertising agencies market are WPP PLC, Dentsu Inc., Publicis Groupe, Omnicom Group Inc., Hakuhodo DY Holdings, BlueFocus Communication Group, The Interpublic Group of Companies, Inc., Accenture Interactive, Havas, MDC Partners, ADA, Red Search, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In May 2022, the United Kingdom-based marketing data and analytics firm Kantar introduced Link AI for Digital. Digital advertising formats are the focus of this artificial intelligence (AI) advertising testing tool.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the advertising agencies market based on the following segments:
Global Advertising Agencies Market, By Product & Service
- Creative Services & Production
- Campaign Planning & Management
- Advertisement Placement
- Other
Global Advertising Agencies Market, By Major Market
- Personal Care & Consumer Products
- Food & Drink Manufacturers
- Automotive Manufacturers
- Healthcare Sector
- Telecommunication Providers
- Retail Stores
Global Advertising Agencies Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?