Japan Digital Advertising Market Size, Share, and COVID-19 Impact Analysis, By Platform (Computer and Smartphone), By Offering (Solution and Services), and Japan Digital Advertising Market Insights, Industry Trend, Forecasts to 2033
Industry: Information & TechnologyJapan Digital Advertising Market Insights Forecasts to 2033
- The Digital Advertising Market Size was valued at USD 25.2 Billion in 2023.
- The Market Size is Growing at a CAGR of 5.52% from 2023 to 2033
- The Japan Digital Advertising Market Size is Expected to Reach USD 43.12 Billion by 2033
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The Japan Digital Advertising Market is Anticipated to Reach USD 43.12 Billion by 2033, growing at a CAGR of 5.52% from 2023 to 2033.
Market Overview
Digital advertisements distributed using online platforms including internet search engines, social media, web pages, and mobile applications are referred to as digital advertising. Digital advertisements are available in text, image, audio, and video formats. They may assist in accomplishing a wide range of company objectives throughout the marketing funnel, from increasing consumer engagement and brand awareness to introducing new goods and generating recurring business. One of the best methods for companies of all sizes to broaden their consumer base, increase revenue streams, and increase their reach is through digital advertising.
Report Coverage
This research report categorizes the market for the Japan digital advertising market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan digital advertising market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan digital advertising market.
Japan Digital Advertising Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 25.2 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.52% |
2033 Value Projection: | USD 43.12 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Platform, By Offering |
Companies covered:: | Dentsu Group, Hakuhodo, CyberAgent, Vector, ValueCommerce, GMO AD Partners, Reprise Digital, and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The rise of the digital advertising business in Japan is closely linked to the country's growing internet user population. Brands and companies are spending a lot of money on digital advertising as more people have access to the internet in an effort to reach more people. The digital advertising market in Japan has experienced a significant growth due in part to the country's broad internet penetration, with 117.3 million users in 2023, accounting for 94.9 percent of the entire population. Additionally, interstitial advertising, a type of digital advertising that displays full-screen commercials during content transitions, including switching between pages or apps, has increased significantly in Japan.
Restraining Factors
It can be difficult and resource-intensive to constantly invent and optimize campaigns in order to stay ahead of the competition.
Market Segmentation
The Japan digital advertising market share is classified into platform and offering.
- The smartphone segment is expected to hold the largest market share through the forecast period.
The Japan digital advertising market is segmented by platform into computer and smartphone. Among these, the smartphone segment is expected to hold the largest market share through the forecast period. Growing smartphones and internet access, along with rising internet and social media advertisement utilization, is the factor that is fueling the segmentation rise.
- The services segment is expected to dominate the Japan digital advertising market during the forecast period.
Based on the offering, the Japan digital advertising market is divided into solution and services. Among these, the services segment is expected to dominate the Japan digital advertising market during the forecast period. A number of companies chose to use digital marketing services in order to manage their operations efficiently. These businesses are masters at Pay-Per-Click (PPC) promotion, social media marketing, SEO, and content production, among other services that help companies build their brands and successfully interact with consumers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan digital advertising market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Dentsu Group
- Hakuhodo
- CyberAgent
- Vector
- ValueCommerce
- GMO AD Partners
- Reprise Digital
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2023, Dentsu Group Inc. revealed that it has finalized a deal with Advent International, via which Dentsu will purchase Tag Worldwide Holdings Ltd., a leading global producer of omnichannel digital advertisements.
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Digital Advertising Market based on the below-mentioned segments:
Japan Digital Advertising Market, By Platform
- Computer
- Smartphone
Japan Digital Advertising Market, By Offering
- Solution
- Services
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