The ad spending in the 'Search Advertising' segment of the advertising market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 312.4 million U.S. dollars (+48.35 percent). After the ninth consecutive increasing year, the ad spending is estimated to reach 958.58 million U.S. dollars and therefore a new peak in 2029. Notably, the ad spending of the 'Search Advertising' segment of the advertising market was continuously increasing over the past years.
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Data provided by Statista Market Insights are estimates.Definition: Search Advertising, also called search engine advertising (SEA) or paid search advertising, refers to advertisements displayed on search results pages above or next to the organic search results. Brands can create search advertising campaigns. Paying a fee or bidding will give a better ranking each time targeted audiences search and click on the campaign’s ads. These advertisements are usually text based but can be displayed as images or videos where applicable.
Additional information: Search Advertising comprises advertising spending, users, average revenue per user, and key players. The market only displays B2B spending. Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. Key players in Search Advertising include Google, Bing, Baidu, Amazon, and Alibaba. For more information on the data displayed, use the info button right next to the boxes.
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Statista. (October 1, 2024). Ad spending of the search advertising market in the Philippines from 2020 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1279482/search-advertising-spending-philippines
Statista. "Ad spending of the search advertising market in the Philippines from 2020 to 2029 (in million U.S. dollars)." Chart. October 1, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1279482/search-advertising-spending-philippines
Statista. (2024). Ad spending of the search advertising market in the Philippines from 2020 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1279482/search-advertising-spending-philippines
Statista. "Ad Spending of The Search Advertising Market in The Philippines from 2020 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/forecasts/1279482/search-advertising-spending-philippines
Statista, Ad spending of the search advertising market in the Philippines from 2020 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1279482/search-advertising-spending-philippines (last visited November 05, 2024)
Ad spending of the search advertising market in the Philippines from 2020 to 2029 (in million U.S. dollars) [Graph], Statista, October 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1279482/search-advertising-spending-philippines