The market is segmented by type into website, mobile, social media, search engine marketing, banner and others, out of which, social media ads segment is anticipated to hold the largest market share on the back of growing number of users of social media, which provides a platform for individuals and businesses to place their ads for better visibility and reach. Social media websites have significant traffic that runs in millions of visitors every month. As such, displaying classified ads on social media platforms proves to be a lucrative revenue source. Moreover, social media platforms provide both free and premium ad types, which helps the user to trial with a free ad and later upgrade to the premium ad for better reach.
Our in-depth analysis of the global market includes the following segments
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By Advertisement Type |
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By Application |
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Author Credits: Abhishek Verma
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