The Online Classified Market size is predicted to touch USD 380.92 Billion at a 24.8% CAGR between 2020- 2030, reveals the latest Market Research Future’s (MRFR) online classified market forecast report. Affordability of online classifieds is expected to support the market growth along with increasing penetration of smartphones. The Online Classified Market research report examines several key players and drivers impacting market opportunities, challenges, SWOT analysis, expert review, risks, and developments. It also conducts a competitive analysis of the industry that brings major benefits to the key market players.
The report also provides the market’s performance forecasts till 2023. Strategies of advertisement marketplace based companies are studied. The advertisement marketplace sector itself is supported by a rise in smartphone users as well as the booming retail e-commerce industry. During the forecast period 2018- 2023, the online classified market is set to witness a healthy growth across type, business model, and revenue source segments as well as regional markets.
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Online Classified Market Drivers
Reasonableness of Online Classified to Bolster Market Growth
Expanding infiltration of cell phones and the web and rising entrance of media and electronic gadgets have changed over grouped into on the web or computerized. Individuals these days get what they search for effectively and rapidly on the web.
Online Classified Market Competitive Landscape
The global online classified market research report brings a comprehensive study of type, business model, and revenue source market segments, regional analysis, and advertisement marketplace vertical based company details of key players. As the forecast period 2018- 2023 will bring new opportunities for the market owing to adoption of social platforms and increase in mobile advertisement, the market is set to grow at a compound annual growth rate of 20.2% and is predicted to reach a value of US$463,033.3 million by 2023. With SWOT analysis of advertisement marketplace sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as rise in fraudulent activities and payment frauds, companies in the advertisement marketplace sector can change the way business is done.
Online Classified Market Key Players
- Masig (Singapore)
- Singapore Press Holdings Ltd. Co. (Singapore)
- Syoknya (Malaysia)
- Jualo (Malaysia)
- Craigslist (US)
- my (US)
- Mitula Group (Spain)
- Claseek Pte. Ltd. (Singapore)
- Facebook (US) and Microsoft Corporation (US)
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Online Classified Market Segmentation
The online classified market has been segmented based on type, business model, and revenue source.
By Revenue Source
- Banner classified
- Search engine marketing (SEM)
- Social media classified
- Mobile classified
- Website classified
By Business Model
- Vertical model
- Horizontal model
By Type
- health classified
- Service classified
- Product classified
Online Classified Market Regional Overview
Advertisement marketplace market based companies in the online classified market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Increase in mobile advertisement will be a key growth driver for regional markets. However, gateway vulnerabilities will turn out to be a threat. For the forecast period 2018- 2023. Each of these regional markets are studied in the report. Starting from North America, the regional market and advertising marketplace vertical based companies are spread across the United States, Mexico, and Canada.
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An increase in fraudulent activities will turn out to be a major challenge from 2018- 2023. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by increase in mobile advertisement through mobile devices as well as adoption of social platforms, suggests the report. Similarly, the advertisement marketplace sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the online classified market covers the Middle East and Africa. The global online classified market forecasts based on the findings are presented for the forecast period till 2023.
Table of Content:
- Market Definition and Overview
- Research Method and Logic
- Market Competition Analysis
- Product and Service Analysis
- Strategies for Company to Deal with the Impact of COVID-19
- Market Segment by Vertical, Historical Data and Market Forecasts
- Market Segment by Component, Historical Data and Market Forecasts
- Market by by Region, Historical Data and Market Forecasts
- Market Dynamic Analysis and Development Suggestions
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