Key Takeaways
- The global out-of-home (OOH) advertising market reached $28.9 billion in revenue in 2023, marking a 7.5% year-over-year increase driven by post-pandemic recovery and digital expansion.
- In the United States, OOH advertising spending totaled $8.5 billion in 2023, accounting for 4.5% of total U.S. ad spend across all media.
- Billboards represented 48% of total UOH revenue in North America in 2022, generating approximately $4.1 billion.
- Global OOH projected to reach $38.5 billion by 2027 at 7% CAGR from 2023.
- U.S. OOH spend forecast to grow 5.8% annually to $10.2 billion by 2027.
- Digital OOH expected to grow at 12.4% CAGR globally to $15.2 billion by 2028.
- OOH reaches 90% of urban adults weekly in the U.S., higher than TV's 85%.
- Global OOH audience impression volume hit 5.1 trillion in 2023.
- 71% of U.S. consumers notice OOH ads daily, per 2023 survey.
- DOOH screens deliver 88% in-market reach for CPG brands.
- Programmatic DOOH transactions grew 45% YoY to 30% of total DOOH spend in 2023.
- 65% of DOOH inventory now supports dynamic creative optimization (DCO).
- OOH campaigns deliver 23% higher ROI than digital display ads.
- 97% of U.S. OOH impressions occur in market, vs. 54% for digital.
- Brands see 48% sales lift from DOOH vs. 32% static OOH.
The out-of-home advertising industry is growing globally, led by a strong shift to digital formats.
Audience Metrics
- OOH reaches 90% of urban adults weekly in the U.S., higher than TV's 85%.
- Global OOH audience impression volume hit 5.1 trillion in 2023.
- 71% of U.S. consumers notice OOH ads daily, per 2023 survey.
- Millennials (25-40) engage with DOOH 2.5x more than traditional OOH.
- OOH delivers 40% higher reach among Gen Z than social media alone.
- In Europe, OOH covers 88% of population aged 13+ monthly.
- U.S. transit OOH reaches 50 million daily commuters.
- 65% of smartphone users look at phones while passing OOH ads.
- Airport OOH audience averages 1.2 billion passengers annually worldwide.
- OOH demographic skew: 55% female, 45% male in urban U.S. markets.
- In China, OOH reaches 1.2 billion urban residents yearly.
- UK road users exposed to OOH: 45 million daily impressions per capita.
- 82% of OOH audience in Brazil is aged 18-49.
- Australia OOH covers 95% of population over 2 weeks.
- India OOH urban reach: 400 million monthly unique viewers.
- Japan station OOH daily audience: 30 million commuters.
- OOH attention time averages 8.5 seconds per exposure globally.
- 76% brand recall lift from DOOH vs. 52% static OOH.
- U.S. highway billboard effective radius: 500 feet, reaching 2,500 vehicles/hour.
- Global OOH dwell time at retail: 12 minutes average exposure.
- 68% of OOH audience takes action within 24 hours (visit/search).
Audience Metrics Interpretation
Effectiveness and ROI
- OOH campaigns deliver 23% higher ROI than digital display ads.
- 97% of U.S. OOH impressions occur in market, vs. 54% for digital.
- Brands see 48% sales lift from DOOH vs. 32% static OOH.
- OOH boosts search volume by 28% post-exposure, per Google.
- Transit OOH yields 2.4x higher brand favorability than online video.
- 86% of consumers influenced to visit store after OOH exposure.
- Airport OOH drives 35% uplift in consideration for luxury brands.
- Programmatic DOOH ROI averages 1.9:1 spend-to-revenue.
- OOH + social media combo increases engagement 67%.
- Billboard campaigns achieve 9.5% unaided recall rate.
- Retail OOH lifts impulse buys by 22%.
- DOOH dynamic content boosts ad performance 40% over static.
- OOH attribution models show 15% incremental sales contribution.
- CPG brands report 2x ROAS from OOH vs. TV in local markets.
- Event sponsorship OOH yields 31% higher attendance lift.
- Mall OOH drives 18% footfall increase.
- OOH top-of-funnel awareness: 2.7x efficiency vs. paid search.
- 73% of marketers plan to increase OOH budgets due to proven ROI.
- DOOH retargeting lifts conversion 25%.
Effectiveness and ROI Interpretation
Growth and Projections
- Global OOH projected to reach $38.5 billion by 2027 at 7% CAGR from 2023.
- U.S. OOH spend forecast to grow 5.8% annually to $10.2 billion by 2027.
- Digital OOH expected to grow at 12.4% CAGR globally to $15.2 billion by 2028.
- Europe OOH market projected to reach €7.8 billion by 2028, +4.5% CAGR.
- Asia-Pacific OOH to expand at 9.1% CAGR to $18.4 billion by 2030.
- Transit OOH forecast to grow 8.7% annually worldwide to $12.5 billion by 2027.
- UK OOH projected +6% YoY in 2024 to £1.5 billion.
- Programmatic DOOH spend to reach $2.5 billion globally by 2026, 25% CAGR.
- U.S. billboard OOH expected to hit $5.2 billion by 2028 at 4.2% CAGR.
- China DOOH market to grow 15% CAGR to ¥300 billion by 2027.
- Global DOOH share of total OOH to rise from 35% in 2023 to 55% by 2030.
- Airport OOH projected +9% CAGR to $2.6 billion globally by 2029.
- Canadian OOH growth forecast at 6.5% to CAD 1.5 billion by 2027.
- Brazil OOH to expand 7.8% CAGR to BRL 7 billion by 2028.
- Australia DOOH projected to AUD 2.2 billion by 2027, 10% CAGR.
- India OOH market to INR 10,000 crore by 2028 at 14% CAGR.
- Japan OOH growth steady at 3.5% to ¥550 billion by 2030.
- GCC OOH to $1.8 billion by 2028, +10% CAGR driven by events.
- South Africa OOH forecast +5.2% to ZAR 4 billion by 2027.
Growth and Projections Interpretation
Market Size and Revenue
- The global out-of-home (OOH) advertising market reached $28.9 billion in revenue in 2023, marking a 7.5% year-over-year increase driven by post-pandemic recovery and digital expansion.
- In the United States, OOH advertising spending totaled $8.5 billion in 2023, accounting for 4.5% of total U.S. ad spend across all media.
- Billboards represented 48% of total UOH revenue in North America in 2022, generating approximately $4.1 billion.
- The European OOH market generated €6.2 billion in 2023, with transit advertising contributing 32% of that figure.
- China's OOH advertising revenue hit ¥150 billion (about $21 billion USD) in 2023, led by digital screens in urban areas.
- Street furniture OOH formats generated $1.2 billion globally in 2022, with strong growth in Asia-Pacific regions.
- U.S. digital OOH revenue reached $2.1 billion in 2023, comprising 25% of total OOH spend.
- The UK OOH market was valued at £1.4 billion in 2023, up 18% from 2022 due to digital transformation.
- Airport advertising worldwide generated $1.8 billion in 2023, recovering to 95% of pre-COVID levels.
- Retail OOH in malls and stores contributed $900 million to the U.S. market in 2023.
- Global OOH revenue grew by 10.2% in 2023 to $32.1 billion, per revised estimates.
- Placemaking OOH formats accounted for $500 million in Europe in 2023.
- Canadian OOH spend hit CAD 1.1 billion ($800 million USD) in 2023.
- Brazil's OOH market reached BRL 4.5 billion ($900 million USD) in 2023.
- Australia's OOH revenue was AUD 1.65 billion in 2023, with digital at 65% share.
- India OOH market valued at INR 4,500 crore ($540 million USD) in FY2023.
- Japan's OOH spend totaled ¥450 billion ($3 billion USD) in 2023.
- Middle East OOH market (GCC) reached $1.1 billion in 2023, led by UAE and Saudi Arabia.
- South Africa's OOH revenue was ZAR 2.8 billion ($150 million USD) in 2023.
- Mexico OOH market hit MXN 12 billion ($600 million USD) in 2023.
Market Size and Revenue Interpretation
Technology and Innovation
- DOOH screens deliver 88% in-market reach for CPG brands.
- Programmatic DOOH transactions grew 45% YoY to 30% of total DOOH spend in 2023.
- 65% of DOOH inventory now supports dynamic creative optimization (DCO).
- AI-driven OOH personalization adopted by 42% of media owners globally.
- 5G integration in DOOH screens enables 4K/8K content in 28% of installations.
- QR codes on OOH scanned 1.2 billion times globally in 2023.
- 52% of DOOH uses geofencing for hyper-local targeting.
- LED screen efficiency improved 30% with micro-LED tech in 2023 pilots.
- Blockchain for OOH transparency implemented in 15% of U.S. DOOH networks.
- Weather-triggered DOOH campaigns executed 25% more effectively per Nielsen.
- 78% of DOOH platforms now integrate with CMPs for first-party data.
- Holographic OOH displays deployed in 50+ cities worldwide by 2023.
- Sensor tech measures OOH dwell time accurately within 5% error.
- CTV-OOH cross-channel attribution tools used by 35% of agencies.
- Solar-powered DOOH screens comprise 22% of new installations in Europe.
- AR experiences via OOH apps downloaded 50 million times in 2023.
- 360-degree OOH measurement standards adopted by 60% of markets.
- Voice-activated OOH kiosks in 200+ retail locations U.S.
- Edge computing reduces DOOH latency to under 100ms in 40% networks.
- NFT-linked OOH campaigns ran 150+ globally in 2023.
Technology and Innovation Interpretation
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