Classified Platform Market: Global Industry Analysis and Forecast 2016 - 2024

Classified Platform Market: Global Industry Analysis and Forecast 2016 - 2024

Persistence Market Research

Classified Platform Market: Global Industry
Analysis and Forecast 2016 - 2024

Persistence Market Research

1

Classified Platform Market: Global Industry Analysis and Forecast 2016 - 2024
Persistence Market Research Released New Market Report on “Classified Platform Market:
Global Industry Analysis and Forecast 2016 - 2024”.
In the past, classified ads were part of newspapers which offered advertisers cheap, small type
notices arranged under specific categories. The media industry has witnessed switch from print
media to digital media and has proven itself quite lucrative for classified platform players.
Growing number of sites are providing specialized classified marketplaces online catering to
niche categories including products and services such as boats, pianos, pets, and adult
services. Classified platforms market includes both business to consumer (B2C) and consumer
to consumer (C2C) categories. Despite of several advancements in the online classified
platforms, the market is currently at a nascent stage due to large of consumers spending time
on the print media; however, with increasing internet subscribers and growing number of
subscribers on social media, the market for online classified platform is expected to hold
promising revenue opportunity during the forecast period.
Online advertising of a particular product or service through classified platforms enables
consumer to explore and compare a particular product or service in a better way than print
advertising. Few of the classified platforms also provides 360 degree view of products which
enables consumers to better understand the dimension and esthetics of a product, thereby
enhancing consumers’ experience. Moreover, with the proliferation of business applications on
mobile platforms, classified ads platforms is providing greater opportunity to both buyers and...