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
Audience Metrics Interpretation
Effectiveness and ROI
Effectiveness and ROI Interpretation
Growth and Projections
Growth and Projections Interpretation
Market Size and Revenue
Market Size and Revenue Interpretation
Technology and Innovation
Technology and Innovation Interpretation
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