The ad spending in the 'Social Media Advertising' segment of the advertising market in Malaysia was forecast to continuously increase between 2024 and 2030 by in total 332 million U.S. dollars (+80.6 percent). After the eleventh consecutive increasing year, the ad spending is estimated to reach 743.89 million U.S. dollars and therefore a new peak in 2030. Notably, the ad spending of the 'Social Media Advertising' segment of the advertising market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.Definition: Social Media Advertising is a form of online digital marketing in which paid banner and video ad campaigns are run on social media platforms to reach the target audiences. Marketers can promote brands, products, and services and increase purchase intention.
Additional information: Social Media 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 Social Media Advertising include Facebook, Instagram, Twitter, TikTok, LinkedIn, Weibo, Naver, and Kakao. For more information on the data displayed, use the info button right next to the boxes.
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Statista. (October 29, 2024). Revenue of the social media advertising market in Malaysia from 2019 to 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista. "Revenue of the social media advertising market in Malaysia from 2019 to 2030 (in million U.S. dollars)." Chart. October 29, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista. (2024). Revenue of the social media advertising market in Malaysia from 2019 to 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista. "Revenue of The Social Media Advertising Market in Malaysia from 2019 to 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista, Revenue of the social media advertising market in Malaysia from 2019 to 2030 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue (last visited December 21, 2024)
Revenue of the social media advertising market in Malaysia from 2019 to 2030 (in million U.S. dollars) [Graph], Statista, October 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue