Classified Platform Market to Witness an Outstanding Growth During 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 ...