Billboard & Outdoor Advertising in the US - Industry Market Research Report

October 2020 •
52 pages •
Report ID: 499740 •
Format: PDF

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Showing signs: Online advertising is expected to continue siphoning revenue from traditional industry displays

Abstract

Billboard & Outdoor Advertising in the US
Over the five years to 2019, revenue for the Billboard and Outdoor Advertising industry is expected to increase. The industry experiences stiff competition from various advertising media. However, billboards remain an attractive form of advertising because of their ability to reach a mass market, a feat that is becoming more difficult as consumer markets fragment. Advertising clients are increasingly requesting the measurement of impression and exposure. This has been detrimental to the industry because this reach is easily deliverable through the various quantifiable metrics that online and social media advertisements offer. Despite continuing growth in advertising expenditures, industry revenue is projected to stagnate over the five years to 2024.

This industry is composed of companies that create and design advertising materials for public display, including printed, painted or electronic displays. Operators may place the displays on billboards or panels as well as on or within transit vehicles, shopping malls, retail stores and other display structures or sites.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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