Exploring Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market Opportunity, Latest Trends, Demand, and Development By 2030

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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Middle East & Africa Digital Out-of-Home (DOOH) Advertising Industry (2024-2030):

According to the latest report, The Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market is projected to grow at a CAGR of around 23% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Middle East & Africa Digital Out-of-Home (DOOH) Advertising industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

·       Historical Data: 2019-22

·       Base Year: 2023

·       Forecast Period: 2024-30

·       CAGR (2024-2030): 23%

What are the major Driver the Middle East & Africa Digital Out-of-Home (DOOH) Advertising industry?

Influx of Tourists in the GCC Region Aiding DOOH Advertising - The Gulf countries have been popular among tourists from the historical period, due to which the brands have been using digital out-of-home (DOOH) advertising to promote their services & brands. For instance:

According to Qatar Tourism Authority, the number of travelers in Qatar increased by 5% from 2020 to 2021. Thus, stating that there is a positive surge in tourism in the country.

Additionally, DOOH advertising promotes tourist destinations, and the government has been promoting modernization & digitalization of all transportation systems to enhance tourist services. Digital screens have been installed across various platforms, such as airports & bus stations as part of this effort. Moreover, the government developed a fund of around USD4 billion in 2020 to develop the tourism industry. The promotion of a modern & exotic lifestyle in countries like Dubai & the UAE for tourism has been one of the major reasons for the demand for DOOH advertising equipped with the latest techniques like machine learning & artificial intelligence.

As a result, the demand for DOOH advertising is expected to escalate in the coming years due to the increasing tourism, government initiatives to promote tourism & transportation infrastructure, as well the promotion of luxurious lifestyles by the Gulf Countries.

Download a sample PDF of this report to gain insights into the complete report structure - https://www.marknteladvisors.com/query/request-sample/middle-east-and-africa-digital-out-of-home-advertising-market.html

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market Segmentation

The Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Type
    • Billboards/LED Screens – Market Size & Analysis 2019-2030 (USD Million)
    • Street Furniture – Market Size & Analysis 2019-2030 (USD Million)
      • ATM Kiosks
      • Pedestrian panels
      • Mall Ad Panels (in the middle of mall walkways and outside malls)
    • Transit
  • By End User
    • Retail – Market Size & Analysis 2019-2030 (USD Million)
    • Real Estate – Market Size & Analysis 2019-2030 (USD Million)
    • Financial Services – Market Size & Analysis 2019-2030 (USD Million)
    • Government – Market Size & Analysis 2019-2030 (USD Million)
    • Automotive – Market Size & Analysis 2019-2030 (USD Million)
    • Others (Education, Healthcare, etc.) – Market Size & Analysis 2019-2030 (USD Million)
  • By Location
    • Highways/Bridges – Market Size & Analysis 2019-2030 (USD Million)
    • Roadside Mupis – Market Size & Analysis 2019-2030 (USD Million)
    • Roadside Lamp Posts – Market Size & Analysis 2019-2030 (USD Million)
    • Gas Stations – Market Size & Analysis 2019-2030 (USD Million)
    • Malls – Market Size & Analysis 2019-2030 (USD Million)
    • Stadiums – Market Size & Analysis 2019-2030 (USD Million)
    • Public Transport Stations – Market Size & Analysis 2019-2030 (USD Million)
    • Others
  • By Country
    • The UAE – Market Size & Analysis 2019-2030 (USD Million)
    • Saudi Arabia – Market Size & Analysis 2019-2030 (USD Million)
    • Oman – Market Size & Analysis 2019-2030 (USD Million)
    • Qatar – Market Size & Analysis 2019-2030 (USD Million)
    • Kuwait – Market Size & Analysis 2019-2030 (USD Million)
    • Bahrain– Market Size & Analysis 2019-2030 (USD Million)

As per the regional aspect, the Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market is expected to be dominated by Middle East & Africa by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/middle-east-and-africa-digital-out-of-home-advertising-market.html

Top Companies in the Middle East & Africa Digital Out-of-Home (DOOH) Advertising Market

Al Arabia, Backlight Media, JCDECAUX SA, ELAN Media, HyperMedia FZ LLC, Hills Advertising L.L.C., Elevision, Dooha Media, Mubashir, Lifeonscreen, Wave   Media, Others

Middle East & Africa Digital Out-of-Home (DOOH) Advertising Industry Recent Developments

2022: ELAN Media signed an agreement with Waterfront Family Destination for developing digital-out-of-home advertising for Place Vendôme Qatar

2021: Hypermedia & DigitAll, developed a fully customizable DOOH media experience for its more than 800 strategic partners & clients.

Why Markntel Advisors Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comprehensive comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report- https://www.marknteladvisors.com/query/request-customization/middle-east-and-africa-digital-out-of-home-advertising-market.html

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