Analysis: GCC Digital Advertising Market Anticipated to Grow at 9.42% CAGR by 2030


Analysis: GCC Digital Advertising Market Anticipated to Grow at 9.42% CAGR by 2030

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A Quick Overview of GCC Digital Advertising Market

The key object of this report on the GCC Digital Advertising Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

According to the latest report, the GCC Digital Advertising Market is estimated to grow at a CAGR of around 9.42% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Market Dynamics:

Trend-

Increasing Acceptance of Voice Search & Voice Advertising – With the growing adoption of voice-enabled devices and virtual assistants like Siri, Alexa, and Google Assistant, voice search and voice advertising are emerging trends in the GCC Digital Advertising Market. Advertisers are exploring voice-activated ad formats and voice-based search optimization strategies to capitalize on the rising popularity of voice technology among GCC consumers. In addition, voice advertising provides possibilities for new ad formats that are specifically designed for voice-enabled devices. These include audio ads, interactive voice ads, and sponsored voice search results. Hence, advertisers experiment with these formats to capture the attention of users in a voice-first environment, which is further anticipated to propel the GCC Digital Advertising Market in the coming years.

GCC Digital Advertising Market Report Segmentation:

The report by MarkNtel Advisors on GCC Digital Advertising Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

By Trading Platform

  • Real-Time Bidding (RTB) - Market Size & Forecast 2019-2030, USD Million
  • Private Marketplace Guaranteed- Market Size & Forecast 2019-2030, USD Million
  • Automated Guaranteed- Market Size & Forecast 2019-2030, USD Million
  • Unreserved Fixed-rate- Market Size & Forecast 2019-2030, USD Million

The real-time bidding (RTB) segment holds a major share of the GCC Digital Advertising Market. Real-time bidding (RTB) platforms provide advertisers with greater flexibility and control over their ad campaigns, allowing them to adjust bidding strategies, targeting parameters, and budget allocations in real-time. This agility enables advertisers to optimize their campaigns based on performance metrics and market dynamics, ensuring maximum ROI. RTB platforms generate valuable data and analytics insights that are useful to advertisers to optimize their ad campaigns.

By Advertising Media

  • Digital Display- Market Size & Forecast 2019-2030, USD Million
  • Mobile Display- Market Size & Forecast 2019-2030, USD Million

By Enterprise Size

  • Small and Medium Enterprises (SMEs) - Market Size & Forecast 2019-2030, USD Million
  • Large Enterprises- Market Size & Forecast 2019-2030, USD Million

By Country

  • The UAE
  • Saudi Arabia
  • Oman
  • Qatar
  • Kuwait
  • Bahrain

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Some of the Top GCC Digital Advertising Companies in the Market

In the fast-changing GCC Digital Advertising Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:

  • 7G Media
  • GCC MARKETING
  • Digital Nexa
  • Prism
  • EDS
  • McCollins Media
  • United SEO
  • Digital Gravity
  • Grassroots Creative
  • Si3 Digital
  • Others

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