In order to gather both qualitative and quantitative insights, supply-side and demand-side stakeholders were interviewed during the primary research process. CEOs, chief marketing officers, heads of media strategy, and commercial directors from OEM marketing divisions, media buying companies, and automotive advertising agencies were examples of supply-side sources. Brand managers from automakers, dealership marketing directors, fleet procurement managers, and digital marketing leads from the passenger car, commercial vehicle, and luxury vehicle segments were examples of demand-side sources. Primary research verified advertising format preferences (video, interactive, programmatic), validated market segmentation across channel types (traditional, digital, experiential), and gathered information on media spend allocation, ROI measurement methodologies, and consumer engagement tactics.
Primary Respondent Breakdown:
By Designation: C-level Primaries (28%), Director Level (35%), Others (37%)
By Region: North America (32%), Europe (30%), Asia-Pacific (28%), Rest of World (10%)
Global market valuation was derived through advertising spend mapping and media consumption analysis. The methodology included:
Identification of 50+ key advertising agencies and media conglomerates across North America, Europe, Asia-Pacific, and Latin America
Channel mapping across traditional media (print, TV, radio), digital media (social media, display ads, mobile advertising), and experiential marketing (events, sponsorships, public relations)
Analysis of reported and modeled advertising revenues specific to automotive client portfolios
Coverage of agencies and platforms representing 75-80% of global automotive advertising spend in 2024
Extrapolation using bottom-up (ad spend by vehicle type × media rates by country) and top-down (agency revenue validation) approaches to derive segment-specific valuations across passenger cars, commercial vehicles, and luxury vehicle categories