Telemarketing - Kazakhstan

  • Kazakhstan
  • Ad spending in Kazakhstan's Telemarketing market is projected to reach US$7.62m in 2024.
  • The ad spending is expected to show an annual growth rate (CAGR 2024-2029) of 1.28%, resulting in a projected market volume of US$8.12m by 2029.
  • In global comparison, most ad spending will be generated the United States (US$4,616.00m in 2024).
  • The average ad spending per capita in Kazakhstan's Telemarketing market is projected to amount to US$0.38 in 2024.
  • Telemarketing in Kazakhstan's advertising market is increasingly utilizing targeted digital campaigns to reach a diverse audience effectively.

Key regions: Asia, Germany, China, United Kingdom, Japan

 
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Analyst Opinion

The Telemarketing Advertising market in Kazakhstan is experiencing significant growth and development due to several key factors.

Customer preferences:
Kazakhstan has a rapidly growing middle class with increasing disposable income, which has led to a higher demand for consumer goods and services. As a result, companies are increasingly turning to telemarketing advertising to reach out to potential customers and promote their products or services. Additionally, the younger population in Kazakhstan is more tech-savvy and connected, making them more receptive to telemarketing campaigns.

Trends in the market:
One of the major trends in the Telemarketing Advertising market in Kazakhstan is the shift towards personalized and targeted advertising. Companies are using data analytics and customer profiling to segment their target audience and tailor their telemarketing campaigns accordingly. This allows for more effective and efficient communication with potential customers, leading to higher conversion rates. Another trend in the market is the integration of telemarketing with digital marketing strategies. Companies are leveraging the power of social media, email marketing, and online advertising to complement their telemarketing efforts. This multi-channel approach ensures a wider reach and maximizes the impact of their marketing campaigns.

Local special circumstances:
Kazakhstan is a vast country with a diverse population and cultural landscape. Therefore, it is important for companies to understand the local customs, traditions, and languages when conducting telemarketing campaigns in the country. Adapting the content and tone of the marketing messages to resonate with the local audience is crucial for success.

Underlying macroeconomic factors:
Kazakhstan's economy has been growing steadily in recent years, driven by investments in infrastructure, natural resources, and manufacturing sectors. This economic growth has resulted in increased consumer spending and a greater demand for goods and services. As a result, companies are investing more in telemarketing advertising to capture a larger share of the market and capitalize on the growing consumer base. Furthermore, the government of Kazakhstan has been implementing various initiatives to attract foreign direct investment and promote entrepreneurship. This has created a favorable business environment, encouraging companies to expand their operations and invest in marketing strategies such as telemarketing. In conclusion, the Telemarketing Advertising market in Kazakhstan is thriving due to the growing middle class, customer preferences for personalized advertising, integration with digital marketing strategies, and favorable macroeconomic factors. Companies that understand the local market dynamics and adapt their telemarketing campaigns accordingly are well-positioned to capitalize on the opportunities in this rapidly developing market.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on Telemarketing Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers the advertising budget used for distributing advertisements via telemarketing.

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.

Overview

  • Ad Spending
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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