E-mail Advertising - Egypt | Statista Market Forecast

Ad spending in the E-mail Advertising market in Egypt is forecasted to reach US$20.23m in 2024.
The anticipated annual growth rate (CAGR 2024-2030) is 4.91%, leading to an estimated market volume of US$26.97m by 2030.
When compared globally, the United States is expected to lead in ad spending with US$3.40bn in 2024.
The average ad spending per internet user in the E-mail Advertising market is projected to be US$0.21 in 2024.
Egypt's E-mail Advertising market is rapidly expanding as businesses embrace digital strategies to reach the country's tech-savvy population.

Definition:

E-mail Advertising spending refers to the advertising budget allocated by advertisers to their e-mail marketing campaigns, specifically focusing on the budget for the creation and distribution of e-mail advertisements.

Additional information:

E-mail Advertising comprises advertising spending 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. In scope: |The advertising budget used for e-mail advertisements |Software fees for creating and sending e-mail advertisements

The advertising budget used for e-mail advertisements
Software fees for creating and sending e-mail advertisements

Service agencies
Consultant fees
Production costs
Design services

The Email Advertising market in Egypt has been experiencing significant growth in recent years, driven by customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Egyptian consumers have shown a growing preference for online shopping and digital communication, leading to an increased demand for email advertising. With the rising popularity of smartphones and internet access, more Egyptians are relying on email for personal and professional communication. This shift in customer behavior has created a favorable environment for email advertising to thrive.

Trends in the market: One of the key trends in the Email Advertising market in Egypt is the increasing adoption of email marketing by businesses to reach their target audience. Companies are recognizing the effectiveness of email as a marketing tool, as it allows for personalized and targeted communication. This trend is further fueled by the availability of advanced email marketing software, which enables businesses to automate and optimize their email campaigns. Another trend in the market is the growing importance of mobile optimization in email advertising. With a large percentage of Egyptians accessing their emails through mobile devices, it has become crucial for businesses to ensure that their email campaigns are mobile-friendly. This trend has led to the development of responsive email templates and the use of mobile-first design principles in email marketing.

Local special circumstances: Egypt has a young and tech-savvy population, with a high percentage of internet users. This demographic profile presents a unique opportunity for businesses to leverage email advertising to connect with the Egyptian market. Additionally, the government has been actively promoting digital transformation and e-commerce in the country, which has further contributed to the growth of the Email Advertising market.

Underlying macroeconomic factors: Egypt's economy has been experiencing steady growth in recent years, with a focus on diversification and digitalization. This has created a favorable business environment for companies to invest in email advertising as a cost-effective marketing strategy. Furthermore, the increasing internet penetration rate and the growth of e-commerce in Egypt have provided a strong foundation for the Email Advertising market to expand. In conclusion, the Email Advertising market in Egypt is witnessing significant growth due to customer preferences for digital communication, the adoption of email marketing by businesses, the importance of mobile optimization, the young and tech-savvy population, government support for digital transformation, and the overall macroeconomic factors driving the country's digitalization efforts.

Data coverage:

The data encompasses B2B enterprises. Figures are based on E-mail Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers the advertising budget used for creating and sending e-mail advertisements.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey), as well as performance factors (e.g., user penetration, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet coverage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function is well suited to forecast digital products due to the non-linear growth of technology adoption, whereas exponential trend smoothing (ETS) is more suited for projecting steady growth in traditional advertising markets. The main drivers are GDP per capita, consumer spending per capita, and internet coverage.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is reweighted for representativeness.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.

All advertising markets across the globe win, yet some win more than others. Ad spending worldwide reached almost 733 billion U.S. dollars in 2023, up less than three percent from the previous year. For comparison, in 2022, Switzerland ranked 20th among the leading economies by gross domestic product (GDP) with a result exceeding 800 billion dollars. Whereas global ad revenues concentrate in areas with either large populations or high purchase power – preferably both – their evolution depends on a larger set of indicators. It was forecast that, in 2024, South Asia will be the world's fastest-growing ad market, and the only out of nine with a double-digit increase rate: 12.1 percent. The second-placed region, comprising the United States and Canada, was projected to see its ad expenditure rise 7.6 percent.