Europe Digital Out-of-home Advertising Market Size & Outlook

The digital out-of-home advertising market in Europe is expected to reach a projected revenue of US$ 8,277.4 million by 2030. A compound annual growth rate of 11.9% is expected of Europe digital out-of-home advertising market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,758.2
Forecast, 2030 (US$M)
$8,277.4
CAGR, 2024 - 2030
11.9%
Report Coverage
Europe

Europe digital out-of-home advertising market highlights

  • The Europe digital out-of-home advertising market generated a revenue of USD 3,758.2 million in 2023.
  • The market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
  • In terms of segment, billboards was the largest revenue generating format in 2023.
  • Place-Based Media is the most lucrative format segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 3,758.2 million
Market revenue in 2030USD 8,277.4 million
Growth rate11.9% (CAGR from 2023 to 2030)
Largest segmentBillboards
Fastest growing segmentPlace-Based Media
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBillboards, Street Furniture, Transit & Transportation, Place-Based Media
Key market players worldwideJCDecaux SE, Clear Channel Outdoor Holdings Inc Ordinary Shares, Outfront Media Inc, Stroeer SE & Co KGaA, Lamar Advertising Co Class A, Focus Media, Daktronics Inc

Other key industry trends

  • In terms of revenue, Europe region accounted for 24.8% of the global digital out-of-home advertising market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 11,422.5 million by 2030.

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Digital Out-of-home Advertising Market Companies

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Europe digital out-of-home advertising market size, by country, 2017-2030 (US$M)

Europe Digital Out-of-home Advertising Market Outlook Share, 2023 & 2030 (US$M)

Europe digital out-of-home advertising market size, by country, 2017-2030 (US$M)

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