Web Push Advertising - Americas

Americas

Highlights

Ad spending in the Web Push Advertising market in Americas is forecasted to reach US$1.39bn in 2024.
The sector is anticipated to demonstrate an annual growth rate (CAGR 2024-2030) of 3.30%, leading to an estimated market volume of US$1.69bn by 2030.
When compared globally, the United States is expected to contribute the most to ad spending, reaching US$1.21bn in 2024.
The projected average ad spending per internet user in the Web Push Advertising market is set to be US$1.61 in 2024.
In the Americas, Web Push Advertising is rapidly gaining popularity among businesses seeking innovative ways to engage with tech-savvy consumers.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Web Push Advertising market in Americas is experiencing significant growth and development. Customer preferences for personalized and targeted advertising, along with advancements in technology, are driving the expansion of this market.

Customer preferences: Customers in the Americas are increasingly seeking personalized and targeted advertising experiences. They want advertisements that are relevant to their interests and needs, and web push advertising provides a way to deliver these customized messages directly to their devices. This form of advertising allows businesses to reach their target audience in a more direct and immediate manner, increasing the likelihood of engagement and conversion.

Trends in the market: One of the key trends in the Web Push Advertising market in Americas is the adoption of mobile devices. With the widespread use of smartphones and tablets, businesses are focusing on optimizing their advertising strategies for mobile platforms. Web push advertising enables businesses to reach customers on their mobile devices, providing a seamless and convenient experience. This trend is driving the growth of the market, as businesses recognize the importance of mobile advertising in reaching their target audience. Another trend in the market is the use of data analytics and machine learning. Businesses are leveraging these technologies to analyze customer data and behavior, allowing them to create more targeted and personalized advertising campaigns. Web push advertising platforms are incorporating these capabilities, enabling businesses to deliver highly relevant and timely messages to their customers. This trend is enhancing the effectiveness of web push advertising and driving its adoption in the Americas.

Local special circumstances: The Web Push Advertising market in Americas is influenced by the unique characteristics of each country in the region. For example, in the United States, the market is highly competitive, with businesses constantly looking for new and innovative ways to reach their target audience. In Latin American countries, there is a growing middle class with increasing purchasing power, creating opportunities for businesses to target this consumer segment through web push advertising. These local circumstances contribute to the growth and development of the market in the Americas.

Underlying macroeconomic factors: The growth of the Web Push Advertising market in Americas is also influenced by underlying macroeconomic factors. For example, the region has experienced steady economic growth in recent years, leading to increased consumer spending. This provides businesses with a larger customer base and greater opportunities for advertising. Additionally, advancements in technology and internet infrastructure have made web push advertising more accessible and effective, further driving the growth of the market. In conclusion, the Web Push Advertising market in Americas is experiencing significant growth and development due to customer preferences for personalized and targeted advertising, advancements in technology, and underlying macroeconomic factors. The adoption of mobile devices, the use of data analytics and machine learning, and the unique local circumstances in each country are driving the expansion of this market. As businesses continue to recognize the importance of reaching their target audience through web push advertising, the market is expected to continue its growth trajectory in the Americas.

Data coverage:

The data encompasses B2B enterprises. Figures are based on Web Push Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers the advertising budget used for distributing web push 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.