Web Push Advertising - EAEU

  • EAEU
  • Ad spending in the Web Push Advertising market in EAEU is forecasted to reach US$26.81m in 2024.
  • The ad spending is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 3.62%, leading to a projected market volume of US$32.03m by 2029.
  • When compared globally, the United States is expected to generate the highest ad spending (US$1,206.00m in 2024).
  • The average ad spending per internet user in the Web Push Advertising market is projected to be US$0.16 in 2024 in EAEU.
  • In the EAEU, Web Push Advertising is gaining popularity among businesses seeking innovative ways to reach target audiences effectively.

Key regions: China, Australia, Germany, United Kingdom, France

 
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Analyst Opinion

The Web Push Advertising market in EAEU is experiencing significant growth and development. Customer preferences for targeted and personalized advertising, along with advancements in technology, are driving this trend. Additionally, local special circumstances and underlying macroeconomic factors are contributing to the expansion of the market. Customer preferences in the EAEU region are shifting towards more personalized and targeted advertising. Consumers are becoming increasingly selective about the content they engage with, and traditional forms of advertising are often seen as intrusive and irrelevant. Web Push Advertising allows businesses to reach their target audience directly and deliver personalized messages based on user behavior and preferences. This level of customization is highly appealing to customers, as it ensures that they receive relevant and timely information. Trends in the Web Push Advertising market in the EAEU region are also influenced by advancements in technology. The widespread adoption of smartphones and the increasing use of mobile devices for internet browsing have created new opportunities for advertisers. Web Push Advertising leverages the capabilities of mobile devices, such as push notifications, to deliver real-time updates and promotional messages to users. This form of advertising is highly effective, as it allows businesses to reach customers wherever they are and at any time. Local special circumstances in the EAEU region also contribute to the growth of the Web Push Advertising market. The region consists of several countries with diverse cultures and languages. This presents a challenge for businesses trying to reach a wide audience. Web Push Advertising offers a solution by allowing businesses to tailor their messages to specific regions and languages. This localization helps to improve the effectiveness of advertising campaigns and increase customer engagement. Underlying macroeconomic factors, such as the growth of e-commerce and digitalization, are also driving the development of the Web Push Advertising market in the EAEU region. As more businesses move online and consumers increasingly rely on digital platforms for their shopping needs, the demand for effective advertising strategies has grown. Web Push Advertising provides businesses with a cost-effective and efficient way to reach their target audience and promote their products or services. In conclusion, the Web Push Advertising market in the EAEU region is experiencing significant growth and development due to customer preferences for targeted and personalized advertising, advancements in technology, local special circumstances, and underlying macroeconomic factors. As businesses continue to recognize the benefits of Web Push Advertising, the market is expected to continue its upward trajectory in the coming years.

Methodology

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.

Overview

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