Key Takeaways
- The global out-of-home (OOH) advertising market reached $31.5 billion in revenue in 2023, marking a 10.2% year-over-year increase driven by post-pandemic recovery and digital integration.
- In the United States, OOH advertising spend totaled $8.5 billion in 2023, representing 4.5% of total US ad spend.
- Europe’s OOH market generated €7.2 billion in 2023, with the UK leading at £1.4 billion.
- The global OOH advertising market is projected to grow at a CAGR of 7.8% from 2024 to 2030, reaching $55.2 billion by 2030.
- US OOH spend expected to reach $11.2 billion by 2027, growing at 7.2% CAGR.
- Digital OOH global market to expand from $18.4 billion in 2024 to $42.1 billion by 2032 at 10.9% CAGR.
- 72% of DOOH inventory in the US is now addressable as of 2024.
- Programmatic DOOH transactions grew 45% YoY in 2023 globally.
- 65% of global DOOH screens are connected to CMS platforms in 2024.
- OOH delivers 88% ad recall vs 68% for TV, per 2023 Nielsen study.
- OOH boosts online search lift by 45% within 24 hours of exposure.
- 40% incremental reach when OOH added to digital campaigns.
- US OOH reaches 90% of population weekly.
- Globally, OOH delivers 88% national reach annually.
- 79% of urban drivers notice highway billboards daily.
The OOH advertising industry is booming globally, driven by significant digital integration.
Consumer Reach
- US OOH reaches 90% of population weekly.
- Globally, OOH delivers 88% national reach annually.
- 79% of urban drivers notice highway billboards daily.
- Transit OOH reaches 70% of commuters weekly in major cities.
- 62% of smartphone users scan OOH QR codes monthly.
- OOH audience demographics skew 25-54 urban professionals at 68%.
- 95% of OOH impressions are human-verified.
- Airport OOH reaches 85% business travelers monthly.
- 76% of millennials exposed to DOOH weekly.
- Global OOH weekly reach exceeds 4 billion individuals.
- Street furniture reaches 82% pedestrian traffic in CBDs.
- 51% of OOH audience is high-income ($100k+).
- Mall OOH covers 65% shopping center visitors daily.
- 89% unduplicated reach when combined with radio.
- OOH in stadiums reaches 92% attendees per event.
- 67% ethnic diversity in US OOH audience.
- Retail OOH reaches 78% grocery shoppers weekly.
- 84% of Gen Alpha parents influenced via OOH.
- Highway OOH covers 75% long-distance travelers.
- 93% captive audience in elevators for DOOH.
- OOH urban penetration at 98% in top 50 metros.
Consumer Reach Interpretation
DOOH Trends
- 72% of DOOH inventory in the US is now addressable as of 2024.
- Programmatic DOOH transactions grew 45% YoY in 2023 globally.
- 65% of global DOOH screens are connected to CMS platforms in 2024.
- DOOH click-through rates average 0.012%, 3x higher than desktop display.
- 82% of DOOH campaigns in Europe use dynamic creative optimization (DCO).
- US DOOH screens numbered 850,000 in 2023, up 15% from 2022.
- 55% of DOOH ad spend is now omnichannel integrated.
- AI-driven DOOH personalization adopted by 68% of advertisers in 2024.
- Global DOOH energy-efficient LED screens grew 22% in deployment 2023.
- 40% of DOOH in Asia is retail-based in high-traffic malls.
- Programmatic DOOH open auction volume up 60% in UK 2023.
- 75% of DOOH operators use data partnerships for targeting.
- DOOH video completion rates average 92% vs 78% for online video.
- 29% of global DOOH spend is on retail DOOH in 2024.
- Weather-triggered DOOH campaigns increased 35% in usage 2023.
- 61% of DOOH screens support 4K/8K resolution in 2024.
- SSPs control 70% of DOOH programmatic supply path.
- DOOH in transit hubs grew 28% screen count in Europe 2023.
- 84% of brands plan to increase DOOH budgets in 2024.
- QR code scans from DOOH ads up 50% with AR integration.
- Global DOOH programmatic spend hit $4.2 billion in 2023.
- 52% of DOOH uses first-party data for segmentation.
- DOOH dwell time averages 9.2 seconds per impression.
DOOH Trends Interpretation
Effectiveness
- OOH delivers 88% ad recall vs 68% for TV, per 2023 Nielsen study.
- OOH boosts online search lift by 45% within 24 hours of exposure.
- 40% incremental reach when OOH added to digital campaigns.
- OOH ROI averages $4.00 per $1 spent, higher than social media's $2.80.
- 73% of consumers notice OOH ads daily, leading to 23% purchase intent.
- DOOH increases brand favorability by 28% over static OOH.
- OOH drives 18% sales uplift in CPG categories per IRI data.
- Airport OOH generates 2.5x higher engagement than highways.
- 94% viewability for OOH vs 70% for digital display.
- OOH attribution to store visits averages 15.2% lift.
- Transit OOH yields 31% higher brand awareness than online video.
- 67% of OOH-exposed consumers share ads on social media.
- Billboard OOH CPM 30% lower than TV at $6.50 vs $9.20.
- OOH cross-media multiplier effect boosts TV ROI by 22%.
- 56% of luxury brands report highest ROI from premium OOH.
- Mall OOH drives 27% footfall increase per campaign.
- OOH fraud rate under 1% vs 20% for digital.
- 82% unaided recall for motion OOH formats.
- OOH contributes 12% to total campaign brand lift.
- QSR brands see 35% order value increase post-OOH.
- OOH in urban areas yields 2.1x engagement over rural.
- 71% of Gen Z influenced by OOH for purchase decisions.
- DOOH retargeting lifts conversion 19%.
- OOH awareness persists 7 days post-exposure.
- Automotive OOH generates 24% test drive inquiries lift.
- Street OOH CPC 40% below online search.
Effectiveness Interpretation
Growth Projections
- The global OOH advertising market is projected to grow at a CAGR of 7.8% from 2024 to 2030, reaching $55.2 billion by 2030.
- US OOH spend expected to reach $11.2 billion by 2027, growing at 7.2% CAGR.
- Digital OOH global market to expand from $18.4 billion in 2024 to $42.1 billion by 2032 at 10.9% CAGR.
- Europe OOH projected CAGR of 6.1% through 2028, hitting €10.5 billion.
- Asia-Pacific OOH to grow at 9.3% CAGR to $22.4 billion by 2030.
- UK DOOH expected to reach £1 billion by 2025, 12% annual growth.
- China OOH market forecasted to hit $12.5 billion by 2028 at 8.7% CAGR.
- Global DOOH share in OOH to rise from 38% in 2024 to 55% by 2030.
- Brazil OOH projected to grow 11% annually to BRL 6 billion by 2027.
- Australian OOH forecast at 6.8% CAGR to AUD 1.6 billion by 2028.
- India OOH to reach INR 100 billion by 2027 at 15% CAGR.
- Global OOH growth rate for 2024 estimated at 8.5%.
- US OOH CAGR 2024-2028 at 6.9%.
- Programmatic DOOH to grow 25% YoY globally through 2026.
- Transit OOH global CAGR 8.2% to $13.4 billion by 2030.
- Street furniture OOH to expand at 7.1% CAGR worldwide.
- Retail media OOH integration to boost market by 12% annually.
- MEA OOH region projected 9.5% CAGR to $3.2 billion by 2028.
- Latin America OOH growth at 10.1% to $4.1 billion by 2030.
- North America DOOH CAGR 11.4% through 2029.
- Global OOH ad spend to surpass $40 billion by 2027.
- Japan OOH expected 5.2% CAGR to ¥600 billion by 2028.
- France OOH to grow to €1.6 billion by 2027 at 6.3%.
- Germany DOOH share to hit 50% by 2026.
Growth Projections Interpretation
Market Size
- The global out-of-home (OOH) advertising market reached $31.5 billion in revenue in 2023, marking a 10.2% year-over-year increase driven by post-pandemic recovery and digital integration.
- In the United States, OOH advertising spend totaled $8.5 billion in 2023, representing 4.5% of total US ad spend.
- Europe’s OOH market generated €7.2 billion in 2023, with the UK leading at £1.4 billion.
- Asia-Pacific OOH revenue hit $12.1 billion in 2023, fueled by urbanization in China and India.
- Traditional OOH billboards accounted for 55% of global OOH revenue in 2023, equating to $17.3 billion.
- US OOH revenue grew from $7.1 billion in 2022 to $8.5 billion in 2023, a 19.7% surge.
- Digital OOH (DOOH) represented 42% of total OOH spend in the UK in 2023, worth £589 million.
- China's OOH market size was $6.8 billion in 2023, with transit advertising comprising 38%.
- Global OOH market share in total advertising was 5.8% in 2023, up from 4.9% in 2022.
- Brazil's OOH revenue reached BRL 3.2 billion ($600 million) in 2023.
- Australia OOH spend hit AUD 1.1 billion in 2023, with DOOH at 35%.
- France OOH market was €1.1 billion in 2023, street furniture leading at 40%.
- Japan’s OOH revenue stood at ¥450 billion ($3 billion) in 2023.
- Canada OOH spend was CAD 850 million in 2023, up 12%.
- Germany OOH market generated €1.5 billion in 2023.
- India OOH revenue crossed INR 50 billion ($600 million) in 2023.
- South Africa OOH market was ZAR 2.5 billion in 2023.
- Spain OOH revenue hit €450 million in 2023.
- Italy OOH spend totaled €650 million in 2023.
- Netherlands OOH market was €250 million in 2023.
- Sweden OOH revenue reached SEK 1.2 billion in 2023.
- Singapore OOH spend was SGD 150 million in 2023.
- UAE OOH market generated AED 1.8 billion in 2023.
- Global OOH impressions reached 5.3 trillion in 2023.
- US OOH effective impressions were 1.2 trillion in 2023.
- UK OOH market value grew 18% to £1.4 billion in 2023.
- Transit OOH globally accounted for $7.8 billion in 2023.
- Street furniture OOH revenue worldwide was $4.2 billion in 2023.
- Global OOH CAGR from 2018-2023 averaged 6.5%.
Market Size Interpretation
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