Web Push Advertising - Kazakhstan

  • Kazakhstan
  • Ad spending in the Web Push Advertising market in Kazakhstan is forecasted to reach US$1.79m in 2024.
  • The ad spending is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 3.25%, leading to a projected market volume of US$2.10m 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 in Kazakhstan is projected to be US$0.10 in 2024.
  • In Kazakhstan, Web Push Advertising is gaining traction as businesses seek innovative ways to reach their target audience effectively in the digital advertising market.

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

 
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Analyst Opinion

The Web Push Advertising market in Kazakhstan is experiencing significant growth and development, driven by various factors such as customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Kazakhstan have shifted towards digital advertising, including web push advertising. This can be attributed to the increasing internet penetration rate and the growing popularity of mobile devices among the population. As more people in Kazakhstan have access to the internet and use smartphones, they are more likely to engage with web push advertisements, leading to an increase in demand for this form of advertising. Trends in the market also contribute to the development of the Web Push Advertising market in Kazakhstan. One of the key trends is the rise of e-commerce in the country. With the increasing number of online shopping platforms and the convenience of online shopping, businesses are turning to web push advertising to reach their target audience and promote their products or services. Additionally, the growing popularity of social media platforms and the use of influencers for advertising purposes have also contributed to the demand for web push advertising in Kazakhstan. Local special circumstances play a role in the development of the Web Push Advertising market in Kazakhstan. The country has a relatively young population, with a high percentage of internet users among the younger generation. This demographic trend creates a favorable environment for web push advertising, as younger consumers tend to be more tech-savvy and receptive to digital advertising. Furthermore, the government's efforts to promote digitalization and technological advancements in the country have also played a role in the growth of the Web Push Advertising market. Underlying macroeconomic factors also contribute to the development of the Web Push Advertising market in Kazakhstan. The country's economy has been growing steadily in recent years, which has led to an increase in consumer spending power. As a result, businesses are investing more in advertising to capture the attention of consumers and drive sales. The growth of the Web Push Advertising market can be seen as a reflection of this overall economic growth and increased business activity in Kazakhstan. In conclusion, the Web Push Advertising market in Kazakhstan is growing and developing due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. As more people in Kazakhstan embrace digital advertising and businesses seek effective ways to reach their target audience, the demand for web push advertising is expected to continue to rise.

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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