Real-time Bidding Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Real-time Bidding Market: Snapshot
The concept of real-time bidding is gaining traction owing to its wide range of advantages. This platform allows advertisers to competently decide the site for introducing their ads. While earlier the manual bidding process was used, the real-time bidding uses automated bidding process. The technique is increasingly adopted as it saves substantial time of advertisers spent on the evaluation of the capability of a potential website or an online location. Apart from this, the concept of real-time bidding is grabbing the attention of advertisers as it helps them to avoid spending money on unprofitable ad displays. On the back of all these advantages of real-time bidding, the vendors working in the global real-time bidding market are projected to gather prominent sales avenues in the years to come.
Real-time bidding includes programmatic instantaneous auction in which the purchase or sell of an advertising space is carried out on a per-impression basis. With the help of this model, advertisers can bid for an impression. After owning the bid in the event, the ad of those advertisers is instantaneously placed on the site of publisher. With the increasing popularity of online display advertising among marketers, real-time bidding is prominently utilized in order to reach the targeted audience at the right time. Thus, the growing adoption of this concept is likely to boost the expansion of the global real-time bidding market in the forthcoming years.
Major players in the global real-time bidding market are increasing interest in advancing the quality of services they provide. As a result, they are increasing cash in-flow toward research and development activities. Apart from this, several enterprises are executing various strategic moves including collaborations and partnerships to expand their business reach in new geographical regions. On the back of all these activities, the global real-time bidding market is expected to experience growth at decent pace in the future period.
Global Real-time Bidding Market: Overview
The global real-time bidding market is likely to display phenomenal growth rate in the near future. As online display advertising becomes a key medium for marketers, real-time bidding is serving to be the best bet to reach the desired audience at the right time.
Real-time bidding commonly denoted as RTB, efficiently helps marketers to determine the right place for ads. Using the right RTB platform, advertisers are saved from the effort to figure out where to place ads on the gigantic World Wide Web.
The report is aimed to help readers discover current trends and assess future opportunities in the global real-time bidding market. It includes the most valuable data pertaining to growth opportunities and key challenges. Also, in-depth analysis on prevailing competitive scenario and how it is expected to change over the forecast period are discussed at length.
Global Real-time Bidding Market: Notable Developments and Competitive Scenario
Global Real-time Bidding Market: Key Trends
The rapid growth of touch points and channels to reach consumers for advertising is serving to be a boon for marketers. Whilst maintaining a degree of consistency, advertisers are leveraging these touch points to reach consumers at the right time for maximum conversions. This is often attained using programmatic advertising.
Real-time bidding involves programmatic instantaneous auction, wherein advertising space is bought and sold on a per-impression basis. Using this model, advertisers bid for an impression, and in the event the bid is won, the advertiser’s ad is instantly placed on the publisher’s site.
RTB offers tangible benefits. RTB platform enables advertisers to efficiently determine the site for placing ads. Real time bidding involves automated bidding contrary to manual bidding used previously. It saves tremendous time of advertisers spent on evaluating the potential of an online location or a potential website. Real time bidding saves advertisers from paying for ad displays that may be of no use.
Real-time bidding offers additional advantages for advertisers. The model allows advertisers to specify the type of setting required for their ads. Using the marketing specifications, a RTB platform finds the right place to display the ads. Hence, this serves to be much more effective over the model of constant evaluation of sites to run ads.
Global Real-time Bidding Market: Regional Analysis
The global real-time bidding market could be studied across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Of them, North America is likely to hold the leading market share over the forecast period. Due to the vast use of smartphones to watch online content, advertisers are targeting consumers using online display advertising. This makes North America a key real-time bidding market.
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