Instant Messaging Advertising - United Arab Emirates

United Arab Emirates

Highlights

Ad spending in the Instant Messaging Advertising market in the United Arab Emirates is forecasted to reach US$343.10k in 2024.
The market is expected to demonstrate an annual growth rate (CAGR 2024-2030) of 3.16%, leading to a projected market volume of US$413.40k by 2030.
When compared globally, the United States is anticipated to generate the highest ad spending (US$74.28m in 2024).
The average ad spending per internet user in the Instant Messaging Advertising market is projected to be US$0.04 in 2024.
In the United Arab Emirates, Instant Messaging Advertising is rapidly growing as businesses capitalize on the country's high smartphone penetration and tech-savvy population.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Instant Messaging Advertising market in United Arab Emirates is experiencing significant growth due to changing customer preferences and increasing smartphone penetration in the country.

Customer preferences: Customers in United Arab Emirates are increasingly using instant messaging platforms as their primary mode of communication. This shift in customer behavior has created a lucrative opportunity for advertisers to reach their target audience through these platforms. Instant messaging apps provide a convenient and cost-effective way for businesses to engage with their customers and promote their products or services. Additionally, customers appreciate the personalized and interactive nature of instant messaging advertising, as it allows them to have direct conversations with brands and receive real-time updates.

Trends in the market: One of the key trends in the Instant Messaging Advertising market in United Arab Emirates is the rise of chatbots. Chatbots are automated programs that can simulate human conversations and provide instant customer support. Many businesses in United Arab Emirates are leveraging chatbots on instant messaging platforms to enhance their customer service and improve their advertising campaigns. Chatbots can provide personalized recommendations, answer customer queries, and even facilitate transactions, making them a valuable tool for advertisers. Another trend in the market is the integration of e-commerce within instant messaging apps. Many instant messaging platforms in United Arab Emirates are now offering in-app shopping features, allowing users to browse and purchase products without leaving the app. This integration of e-commerce and instant messaging creates new opportunities for advertisers to showcase their products and drive sales directly within the messaging platform.

Local special circumstances: United Arab Emirates has a high smartphone penetration rate, with a large portion of the population relying on their mobile devices for communication and online activities. This widespread smartphone usage provides a fertile ground for instant messaging advertising, as it allows advertisers to reach a large and engaged audience. Additionally, United Arab Emirates has a young and tech-savvy population, who are more likely to embrace new technologies and engage with instant messaging advertising.

Underlying macroeconomic factors: United Arab Emirates has a strong and growing economy, which is driving increased consumer spending and business investment. This economic growth creates a favorable environment for advertisers, as businesses are more willing to allocate resources towards advertising and promotion. Furthermore, United Arab Emirates is a popular tourist destination, attracting millions of visitors each year. This influx of tourists presents an additional opportunity for advertisers to target a diverse and international audience. In conclusion, the Instant Messaging Advertising market in United Arab Emirates is thriving due to changing customer preferences, the rise of chatbots, the integration of e-commerce within instant messaging apps, high smartphone penetration, a young and tech-savvy population, and a strong macroeconomic environment. Advertisers in United Arab Emirates can leverage these trends and special circumstances to effectively engage with their target audience and drive business growth.

Data coverage:

The data encompasses B2B enterprises. Figures are based on Instant Messaging Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers the advertising budget used for distributing instant messaging 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 users.

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.