Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 65.2 Billion | USD 397 Billion | 19.8% | 2024 |
FrequentlyAsked Questions
The activity of controlling and distributing information from a person or an organization (such as a company, government agency, or nonprofit) to the general public to change their perception is known as public relations or PR.
The Public Relations (PR) Services market is driven by several factors, such as the rise in social media platforms, increasing corporate focus on reputation management, growth in content marketing, and others.
According to the report, the global Public relations services market size was worth around USD 104 billion in 2024 and is predicted to grow to around USD 136 billion by 2034.
The global Public Relations (PR) Services market is expected to grow at a CAGR of 2.7% during the forecast period.
The global Public relations services market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the growth in healthcare & pharma PR and the expansion of PR in E-Commerce & consumer goods.
The global Public Relations (PR) Services market is dominated by players like WPP, Omnicom Group, Interpublic Group of Companies (IPG), Publicis Groupe, Dentsu, Edelman, Weber Shandwick, FleishmanHillard, Ketchum, APCO Worldwide, Financial PR agencies, Technology PR agencies and Healthcare PR agencies among others.
The Public relations services market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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