The ad spending in the 'Influencer Advertising' segment of the advertising market in Singapore was forecast to continuously increase between 2024 and 2029 by in total 71.4 million U.S. dollars (+67.5 percent). After the twelfth consecutive increasing year, the ad spending is estimated to reach 177.17 million U.S. dollars and therefore a new peak in 2029. Notably, the ad spending of the 'Influencer Advertising' segment of the advertising market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.Definition: Influencer Advertising refers to advertising that allows marketers to promote products or services by collaborating with influencers on social media. Influencer Advertising allows marketers to reach targeted audiences based on the influencer’s performance and their follower profiles, they also have the ability to measure the performance of campaigns. Influencer Advertising refers to all advertising fees paid directly to influencers (or to their person of trust or representative) for posting or streaming sponsored content (e.g., posts, videos, and/or stories) on social media to promote products or services to their followers. This sponsored content typically includes images, videos, live streams, and/or text.
Additional information: Influencer Advertising comprises advertising spending, users, and average revenue per user. The market only displays B2B spending. Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. For more information on the data displayed, use the info button right next to the boxes.
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Statista. (October 1, 2024). Influencer marketing ad spend in Singapore from 2017 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1484872/singapore-influencer-marketing-advertising-spend
Statista. "Influencer marketing ad spend in Singapore from 2017 to 2029 (in million U.S. dollars)." Chart. October 1, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1484872/singapore-influencer-marketing-advertising-spend
Statista. (2024). Influencer marketing ad spend in Singapore from 2017 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1484872/singapore-influencer-marketing-advertising-spend
Statista. "Influencer Marketing Ad Spend in Singapore from 2017 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/forecasts/1484872/singapore-influencer-marketing-advertising-spend
Statista, Influencer marketing ad spend in Singapore from 2017 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1484872/singapore-influencer-marketing-advertising-spend (last visited November 05, 2024)
Influencer marketing ad spend in Singapore from 2017 to 2029 (in million U.S. dollars) [Graph], Statista, October 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1484872/singapore-influencer-marketing-advertising-spend