The ad spending change in the 'Social Media Advertising' segment of the advertising market in Saudi Arabia was forecast to continuously decrease between 2024 and 2029 by in total 3.9 percentage points. According to this forecast, in 2029, the ad spending change will have decreased for the sixth consecutive year to 7.09 percent.
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 1, 2024). Social media advertising spending growth in Saudi Arabia from 2019 to 2029 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1451306/saudi-arabia-social-media-advertising-spending-growth
Statista. "Social media advertising spending growth in Saudi Arabia from 2019 to 2029." Chart. October 1, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1451306/saudi-arabia-social-media-advertising-spending-growth
Statista. (2024). Social media advertising spending growth in Saudi Arabia from 2019 to 2029. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1451306/saudi-arabia-social-media-advertising-spending-growth
Statista. "Social Media Advertising Spending Growth in Saudi Arabia from 2019 to 2029." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/forecasts/1451306/saudi-arabia-social-media-advertising-spending-growth
Statista, Social media advertising spending growth in Saudi Arabia from 2019 to 2029 Statista, https://www.statista.com/forecasts/1451306/saudi-arabia-social-media-advertising-spending-growth (last visited November 05, 2024)
Social media advertising spending growth in Saudi Arabia from 2019 to 2029 [Graph], Statista, October 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1451306/saudi-arabia-social-media-advertising-spending-growth