Creative Advertising Market Intelligence

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  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Creative Advertising category?

Are you looking for answers on Creative Advertising category?

  • What are the key trends in Creative Advertising category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Creative Advertising industry?
  • How is Creative Advertising industry performing?

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Report Coverage

  • BREXIT - Impact on Sourcing Creative Services
  • The major trends in global creative industry
  • Regional Market Outlook- North America, Europe, APAC & Australia
  • Cost Analysis and Expected Savings

Market Size

Market Size North America

$87 - 89 Bn

Market Size Europe

$47 - 49 Bn

Market Size Asia Pacific

$80 - 82 Bn

The spend of the global advertising industry is split into media planning & buying (65-90 percent) and creative advertising (10-35 percent). Regions such as North America, Europe, and certain parts of the APAC are the most mature markets due to innovation in services and high adaptability to digital media and evolving technologies. Service providers are witnessing higher engagement with buyers who expect best practices across creative advertising contracts, particularly in regions such as North America and Europe. The global creative advertising industry is driven by trends such as rising digital spends, production decoupling, and increasing customization in advertising.

Suppliers are also investing in improving their supply capability by adopting performance-based metrics for monitoring and evaluation of performance. The report also discusses the global drivers and constraints of the creative advertising industry. It also provides a regional market outlook on regions such as North America, Australia, Europe, and the APAC. It also explores the industrial outlook on the creative advertising industry, along with Porter's five forces analysis.

Beroe gathers advertising market intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Table of Contents

  1. Creative Advertising Executive Summary
  2. Executive Summary Brexit
  3. Impact on Sourcing Creative Services
  1. Creative Advertising Market Analysis
  2. Global Market Maturity
  3. Global Industry Trends
  4. Global Drivers and Constraints
  5. Regional Market Outlook
  6. Industry Outlook
  7. Porter's Five Forces Analysis
  1. Creative Advertising Procurement Best Practices
  2. Sourcing Models Sourcing Models
  3. Comparative Analysis Sourcing Models
  4. Pros and Cons Pricing Models
  5. Comparative Analysis
  6. Contract Payment Insights
  7. Value Chain Mapping
  8. Key Performance Indicator (KPI) and Service
  9. Level Agreement (SLA) Components Creative Agencies - KPI Description
  10. Opportunities for Reducing Lead Time
  1. Creative Advertising Supply Analysis
  2. Supply Market Outlook
  3. Key Global Suppliers- Holding Companies and Network Agencies- Service Portfolio
  4. Key Supplier Profiles Table of Contents
  1. Creative Advertising Cost & Pricing Analysis
  2. Cost Analysis and Expected Savings
  3. Cost Breakup - Global and Regional
  4. Pricing Analysis
  1. Creative Advertising End - user Industry Update
  2. Retail
  3. Pharmaceutical

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Creative Advertising Global Market Outlook

  • Overall advertising spend is split into media planning and buying (65–90 percent) and creative advertising (10–35 percent)
  • As of 2019, the global ad spend is estimated to be valued at approximately $600 billion, with a growth of 5%
  • The strength of digital spend continues to be the key growth driver of the global advertising market. The major contribution to this growth is likely to come from impressions and clicks on mobile devices
  • North America, Europe and certain parts of Asia Pacific (APAC) are the most mature, due to innovation in services, high adaptability to the evolving technologies and digital media

Creative Advertising Global Market Trends

  • The major trends in global creative industry are rising digital spend (expected to reach a 50–51 percent of advertising spend), production decoupling and increasing customization of advertisements
  • Suppliers are improving their supply capability by adopting performance-based metrics for evaluation and monitoring their performance

Creative Advertising Global Drivers and Constraints

The increasing importance of digital channels and major events (the US presidential elections, the Rio 2016 Olympics and Paralympics, as well as the UEFA EURO 2016 football championship) were the major drivers of the advertising industry.

Supply Market Outlook

High Maturity

  • Countries: U.S., Germany, UK, France, Italy, Spain and Japan
  • Suppliers: Established service providers have been providing bundled services to the clients, which eventually lowers their effort of searching for new providers for best-in-class technologies in the market

Medium Maturity 

  • Countries: China, Indonesia, Australia, India, Canada, Russia and Mexico
  • Suppliers: The majority of the market is held by local service providers who usually operate out of one country. Their services are customized to meet the demands of local buyers

Low Maturity

  • Countries: Ireland, Portugal, Belgium, Morocco, Libya, Nigeria and Algeria
  • Suppliers: Owing to lower demand, the creative advertising market is highly dispersed with local service providers that primarily provide tactical work for the advertisers

Category Intelligence on Creative Advertising

 

Creative Advertising Global Drivers and Constraints

Advertising market research shows that the digital medium is forecasted to witness growth in double digits and likely to contribute to more than half of the global ad sales.

Drivers

  • Increasing Digital Spend: The increasing importance and penetration of smartphones and social media has encouraged the marketers to increase their ad spend in these channels to attract more consumers and to improve their brand loyalty. By 2020, the share of digital advertising is expected to account for nearly 51 percent of the total advertising.
  • Increasing Penetration into Newer Markets: Marketers are increasing their focus on newer markets in APAC and Africa, which have higher growth expectations.

Constraints

  • High Margins and Lack of Transparency: Network agencies continue to enjoy high profit margins due to their billing rates, which are skewed towards senior personnel. Therefore, clients face cost pressures since budgets are decreasing but agencies are unwilling to accommodate the reduced budgets.
  • Dominance of Select Network Agencies: The top network agencies have dominated the market through strategic mergers and acquisitions, leading to a situation where the clients have less bargaining power

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