Online classified marketÂ Share, Size, Trends, & Industry Analysis Report 2019-2026
Published Date:May 2020 (Upgradation in process)
Category:ICT & Telecom
Impact Analysis on the Growth of Market
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Online classified is online advertising which is particularly common in social network sites which may be sold or distributed free of charge. Online classified is now a popular way to promote your product or service almost for free.
Growth in the market would be primarily driven by rising smartphones as well as internet penetration, rising youth population globally, etc. Fraudulent activities, lack of customer loyalty, and technological barriers are some of the major restrains in the growth of the market. While the market follows some trends, which include digital payments, growing retail e-commerce industry and big data analytics.
Online Classified Market Analysis:
The online classified advertising is a part of digital marketing that additionally permits end clients to communicate straightforwardly with the sponsors through digital marketing services, for example, mail, text, and others. Expanding computerized activities, for example, Digital India, in the developing economies has prompted the appropriation of business to business (B2B) and business to customer (B2C) business model. Also, an expansion in the usage of smartphones and Internet infiltration have given people and endeavors a helpful stage to achieve their intended target audience. Online advertisement to a great extent utilized crosswise over industry verticals to give data and promote their products and services.
Over the past few years, the online classifieds has seen the rise of dominant market leaders in the space. The competition in the global online classifieds market is dominated by the big players, Naspers Group, eBay, and Craigslist (in the US). Company profiling of these major players has also been provided in the report with their financial information and respective business strategies.
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By Regional Ananlysis
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Middle East & Africa
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