The high cost of hiring an advertising agency, particularly during difficult economic times, is limiting the market's growth. In smaller regions or markets, for example, the cost of hiring an advertising agency could range from $85 to $250 per hour, depending on the service and the skill of the person providing that service. For small-to-medium-sized businesses, the average cost of digital marketing services ranges from $2,100 to $13,000 per month (SMBs). As a result, the high costs associated with hiring an advertising agency are likely to stifle market growth over the forecast period.

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The Global Advertising Agencies Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Accenture Interactive, BlueFocus Communication Group, Deloitte Digital, Dentsu Inc., IBM iX, Interpublic Group of Cos., Omnicom Group, Publicis Groupe, PwC Digital Services, WPP.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for product type segment - By Mode (Online Advertising, Offline Advertising), By Survey Type (TV, Digital, Radio, Print, Out-Of-Home (OOH)), By End-User Industry (Banking, Financial Services, And Insurance Sector (BFSI), Consumer Goods and Retail, Government and Public Sector, IT & Telecom, Healthcare, Media & Entertainment).

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This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World. 

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.