Contact
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
The Direct Messaging Advertising market in Europe is experiencing significant growth and development, driven by changing customer preferences and the increasing use of mobile devices.
Customer preferences: Customers in Europe are increasingly relying on messaging apps for communication, with a preference for instant and direct communication. This shift in customer behavior has created a fertile ground for direct messaging advertising, as brands can reach their target audience directly through these platforms. Additionally, customers are becoming more receptive to personalized and targeted advertising, which can be achieved through direct messaging.
Trends in the market: One of the key trends in the Direct Messaging Advertising market in Europe is the rise of chatbots. Chatbots are automated messaging systems that can interact with customers in a personalized and conversational manner. They are increasingly being used by brands to deliver targeted advertisements and provide customer support. This trend is driven by the advancements in artificial intelligence and natural language processing technologies, which enable chatbots to understand and respond to customer queries effectively. Another trend in the market is the integration of e-commerce capabilities within messaging apps. This allows customers to make purchases directly from the app, without the need to switch to a separate website or application. This seamless integration provides convenience to customers and creates new opportunities for brands to advertise their products and services within the messaging app itself.
Local special circumstances: Europe is a diverse region with multiple countries and languages, which presents both challenges and opportunities for direct messaging advertising. Brands need to adapt their advertising strategies to cater to the specific needs and preferences of each country. Localization of content and language is crucial to effectively engage with the target audience in each market. Furthermore, data privacy regulations in Europe, such as the General Data Protection Regulation (GDPR), have a significant impact on direct messaging advertising. Brands need to ensure compliance with these regulations to protect customer data and maintain trust. This has led to the development of more transparent and consent-based advertising practices, where customers have more control over their data and the advertisements they receive.
Underlying macroeconomic factors: The growth of the Direct Messaging Advertising market in Europe is also influenced by underlying macroeconomic factors. The increasing smartphone penetration and internet connectivity across the region have created a large user base for messaging apps. Additionally, the growing digital advertising market in Europe provides opportunities for brands to invest in direct messaging advertising as part of their overall marketing strategy. In conclusion, the Direct Messaging Advertising market in Europe is witnessing growth and development due to changing customer preferences, the rise of chatbots, integration of e-commerce capabilities, localization requirements, and data privacy regulations. These trends, along with underlying macroeconomic factors, are shaping the market and creating new opportunities for brands to effectively engage with their target audience through direct messaging advertising.
Data coverage:
The data encompasses B2B enterprises. Figures are based on Direct Messaging Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising by businesses via e-mail, SMS, direct mail, messengers, web push, telemarketing, and instant messaging.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, number of smartphone users, internet coverage, and number of urban households. 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 4G 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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)