Demand Side Platform (DSP) Software Market Growth Rate Forecast and Key Development Factors
Demand side platform (SSP) software market is driven by increase in app culture followed by use of digital media to fulfil business operations. In addition, the market is influenced by software technology and the rise of digital operations such as social media and analytics. The global demand side platform (DSP) software market is anticipated to rise at a higher market share during the forecast period. A demand-side platform (DSP) is an Ad technology platform that enables advertisers and Ad agencies to purchase an Ad space following an impression-by-impression mode from publishers through SSPs and Ad exchanges. This leads in procurement of a wide range of inventory from different publishers or all from a single user interface.
This model works on auto-optimize mode with an objective to increase return on investment. It also uses 3rd party data from digital platforms to enhance tracking and provides a real-time reporting through advanced analytics. Demand side platform (SSP) software market is driven by increase in app culture followed by use of digital media to fulfil business operations. In addition, the market is influenced by software technology and the rise of digital operations such as social media and analytics. Moreover, adoption of digital techniques for business enhancement and inventory management is likely to propel the market growth during the forecast period.
By type, the demand side platform (DSP) software market is segmented as cloud-based and on premise. Application segment for the market is categorised as small business, large business and medium business.
Geographical segmentation for demand side platform (DSP) software market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market is more likely to encounter a higher market share owing to a broader spectrum of e-commerce and digitization followed in business. Digital marketing and social media analytics are used as a business tool to determine business insights and product placing.
APAC sector is likely to gain a significant market growth during the forecast period owing to rising use of software for logistics, travel and personnel management. App culture is highly prevalent leading in trade development and minimizing cross boundary trade limitations. The key players profiled in the demand side platform (DSP) software market report are Amobee DSP, AppNexus Console, DoubleClick, MediaMath, Choozle, Dataxu, Rocket Fuel, Rubicon Project, IgnitionOne Platform, Criteo, Gravity4 and Exact Drive.
Firma: Million Insights
Ansprechpartner: Tom Clark
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