Global Retail Media Networks Market Size To Worth USD 36.54
From GlobeNewswire: 2024-07-30 22:00:00
The Global Retail Media Networks Market is projected to grow from USD 20.00 billion in 2023 to USD 36.54 billion by 2033, with a CAGR of 6.21%. Retail media networks provide ad space on digital channels to enhance marketing strategies and boost revenue. The search ads segment dominates the market, and hybrid cloud deployment is witnessing the highest growth.
North America holds the largest share of the retail media networks market, backed by innovative retailers like Walmart and Amazon. Asia Pacific is expected to grow rapidly due to economic expansion and increasing e-commerce activity. Major companies in the market include Walmart, Alibaba, Amazon.com, and Target Brands Inc.
A recent partnership between Criteo and Microsoft Advertising aims to expand Criteo’s retail network. The market is segmented based on type, cloud deployment, and application. Regional analysis covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Other related reports include Global IP Multimedia Subsystem IMS Market and Global Smart City ICT Infrastructure Market.
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