Global Automotive Online Advertising Markets, 2019-2020 & Forecast to 2025: Influence of AI, ML, Voice Search, & DOH to Drive Future Markets – Yahoo Finance

Global Automotive Online Advertising Markets, 2019-2020 & Forecast to 2025: Influence of AI, ML, Voice Search, & DOH to Drive Future Markets – Yahoo Finance

DUBLIN, Oct. 22, 2020 /PRNewswire/ — The “Automotive Online Advertising Market – Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.

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Global automotive online advertising market generated a value of $9,321.44 mn in 2019 and is estimated to reach $22,925.89 mn by 2025, growing at CAGR of 16.2% during the forecast period of 2020-2025.

Automotive consumers are becoming more and more demanding in what they want from the vehicle, requiring key features ranging from comfort and spaciousness to heated seats and push-button starts so dealers and manufacturers should focus on content based ads to target the consumers i.e. the media formats and locations used to promote the vehicles should mirror the values of innovation that drives the demand for green models by early tech adoption can inform more effective targeting of potential buyers.

Key Takeaways