The ad spending in the digital advertising market in Singapore was forecast to continuously increase between 2023 and 2028 by in total 742.3 million U.S. dollars (+47.28 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 2.3 billion U.S. dollars and therefore a new peak in 2028. Notably, the ad spending of the digital advertising market was continuously increasing over the past years.
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Digital advertising advertising spending in Singapore from 2018 to 2028
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Data provided by Statista Market Insights are estimates.Definition: Digital Advertising refers to the practice of promoting products or services through online channels by purchasing ad placements with the aim of driving traffic, increasing brand awareness, and generating leads or sales using data-driven strategies. This form of advertising uses the internet and various technologies to target audiences based on their demographics, online behavior, and personal interests.
Structure: Digital Advertising uses the internet to deliver marketing messages to internet users in various forms. This includes digital video, search engine, social media, digital banner, digital audio, digital classifieds, connected TV, in-app, and influencer advertising.
Additional information: The market comprises digital advertising spending, users, average revenue per user, advertising share by industry, advertising share by device, brand shares, and digital ad spending share (programmatic and non-programmatic). The market only displays B2B spending and users for the above-mentioned channels. Figures are based on digital advertising spending and exclude agency commissions, rebates, production costs, and taxes. Additional definitions for each market can be found on the respective pages. For more information on the data displayed, use the info button right next to the boxes.
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Statista. (November 22, 2023). Digital advertising advertising spending in Singapore from 2018 to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/forecasts/1334054/digital-advertising-ad-spend-singapore
Statista. "Digital advertising advertising spending in Singapore from 2018 to 2028 (in million U.S. dollars)." Chart. November 22, 2023. Statista. Accessed January 05, 2025. https://www.statista.com/forecasts/1334054/digital-advertising-ad-spend-singapore
Statista. (2023). Digital advertising advertising spending in Singapore from 2018 to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/forecasts/1334054/digital-advertising-ad-spend-singapore
Statista. "Digital Advertising Advertising Spending in Singapore from 2018 to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/forecasts/1334054/digital-advertising-ad-spend-singapore
Statista, Digital advertising advertising spending in Singapore from 2018 to 2028 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1334054/digital-advertising-ad-spend-singapore (last visited January 05, 2025)
Digital advertising advertising spending in Singapore from 2018 to 2028 (in million U.S. dollars) [Graph], Statista, November 22, 2023. [Online]. Available: https://www.statista.com/forecasts/1334054/digital-advertising-ad-spend-singapore
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