Per capita social media ad spend Iceland

The average ad spending per capita in the 'Social Media Advertising' segment of the advertising market in Iceland was forecast to continuously increase between 2024 and 2029 by in total 58.3 U.S. dollars (+37.29 percent). After the twelfth consecutive increasing year, the average ad spending per capita is estimated to reach 214.64 U.S. dollars and therefore a new peak in 2029. Notably, the average ad spending per capita of the 'Social Media Advertising' segment of the advertising market was continuously increasing over the past years.

Find more key insights for the average ad spending per capita in countries and regions like the ad spending in the 'Out-of-Home Advertising' segment of the advertising market in the world and the reach by social network in the 'Instagram' segment of the advertising market in Poland.

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Per capita social media advertising spending in Iceland from 2017 to 2029

Characteristic	Spending in U.S. dollars
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Supplementary notes

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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