Over the last two observations, the ad spending is forecast to significantly increase in all regions. From the selected regions, the ranking by ad spending in the advertising market is forecast to be led by Lithuania with 427.09 million U.S. dollars. In contrast, the ranking is trailed by Estonia with 246.39 million U.S. dollars, recording a difference of 180.7 million U.S. dollars to Lithuania.
Data provided by Statista Market Insights are estimates.Definition: Advertising spending refers to expenses for promotional strategies with which brands or businesses purchase advertising space to promote products or services. The primary purposes of advertising include creating awareness, generating interest, and persuading consumers to take a particular action such as purchasing a product, visiting a website, or supporting brands. Advertisers use advertising to reach their target audience while media companies and advertising agencies use it as a source of income.
Structure: The advertising spending consists of two main channels (traditional advertising and digital advertising). Traditional Advertising refers to above-the-line media that delivers commercial messages to broad audiences. This includes mass media such as traditional TV, traditional radio, printed newspapers, printed magazines, and traditional out-of-home (OOH) advertising formats. Digital Advertising uses the internet to deliver marketing messages to internet users in various forms. This includes digital video, search engine, social media, digital out-of-home, digital banner, digital audio, digital classifieds, and influencer advertising.
Additional information: The market comprises advertising spending, share by advertising channel, users, average revenue per user, advertising share by industry, ad spending by medium, 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 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. (October 29, 2024). Advertising expenditure in the Baltics from 2019 to 2030, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista. "Advertising expenditure in the Baltics from 2019 to 2030, by country (in million U.S. dollars)." Chart. October 29, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista. (2024). Advertising expenditure in the Baltics from 2019 to 2030, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista. "Advertising Expenditure in The Baltics from 2019 to 2030, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista, Advertising expenditure in the Baltics from 2019 to 2030, by country (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country (last visited December 19, 2024)
Advertising expenditure in the Baltics from 2019 to 2030, by country (in million U.S. dollars) [Graph], Statista, October 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country