The Programmatic Advertising Market is experiencing rapid growth and transformation, driven by advancements in digital advertising technology, the proliferation of data-driven marketing strategies, and the shift towards automation in ad buying and selling processes.
The Programmatic Advertising market has become a cornerstone of the digital advertising landscape, revolutionizing the buying and selling of ad space across online platforms. Leveraging automated technologies and data-driven algorithms, programmatic advertising streamlines the ad buying process, ensuring precise targeting, real-time optimization, and efficient campaign management. This overview delves into key aspects, trends, and recent developments within the Programmatic Advertising market.
The Programmatic Advertising Market is a dynamic and rapidly evolving sector within the digital advertising landscape. It involves the automated buying and selling of advertising space in real-time using algorithms and data-driven technologies. Key drivers for the growth of this market include the increasing digitalization of advertising, the need for targeted and personalized campaigns, and the efficiency and precision offered by programmatic platforms.
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key companies in the Programmatic Advertising market along with some notable industry developments:
- Adroll (USA)
- Adobe Marketing Cloud (USA)
- AdReady (USA)
- Choozle (USA)
- Centro Inc. (USA)
- DataXu (USA)
- Outbrain (USA)
- DoubleClick (USA)
- Rubicon Project (USA)
- PulsePoint Inc. (USA)
Industry Developments:
May 2019:
- LinkedIn secured $300 million to bolster its advertising and marketing offerings. The startup, based in the USA, utilizes artificial intelligence technology to understand its users through AI.
October 2020:
- IBM announced three new products to expand its suite of AI solutions for brands and publishers. The company partnered with MediaMath and others to introduce new capabilities that prioritize privacy, enabling brands to reach consumers while respecting user privacy.
April 2020:
- RocketFuel, a blockchain-based checkout solution for both