Web Push Advertising - Pakistan

  • Pakistan
  • Ad spending in the Web Push Advertising market in Pakistan is forecasted to reach US$1.31m in 2024.
  • The ad spending is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 8.28%, leading to a projected market volume of US$1.95m 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$0.01 in 2024.
  • Pakistan's growing digital landscape is fueling a surge in Web Push Advertising adoption among businesses seeking targeted and cost-effective marketing solutions.

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

 
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Analyst Opinion

Web Push Advertising is a growing market in Pakistan, driven by the increasing digitalization of the country and the rising popularity of mobile devices. Customer preferences in Pakistan are shifting towards digital platforms, with more people using smartphones and accessing the internet. This has created a demand for targeted and personalized advertising, which web push advertising can provide. Additionally, the convenience and ease of use of web push notifications make them an attractive advertising option for both businesses and consumers. Trends in the market show that businesses in Pakistan are increasingly adopting web push advertising as part of their marketing strategies. This is due to the effectiveness of web push notifications in reaching a wide audience and generating engagement. The ability to send real-time notifications to users' devices allows businesses to deliver timely and relevant messages, increasing the chances of conversion. Furthermore, the local special circumstances in Pakistan contribute to the development of the web push advertising market. The country has a large population, with a significant portion of it being young and tech-savvy. This demographic is more likely to engage with digital advertising and respond positively to web push notifications. Additionally, the relatively low cost of web push advertising compared to traditional advertising methods makes it an attractive option for small and medium-sized businesses in Pakistan. Underlying macroeconomic factors also play a role in the growth of the web push advertising market in Pakistan. The country's economy has been steadily growing, leading to increased purchasing power and consumer spending. This creates a favorable environment for businesses to invest in advertising and reach a larger customer base. Additionally, the widespread availability of affordable internet access and the increasing penetration of smartphones contribute to the expansion of the web push advertising market. In conclusion, the Web Push Advertising market in Pakistan is developing due to customer preferences for digital platforms, the effectiveness of web push notifications in reaching and engaging users, local special circumstances such as a young and tech-savvy population, and favorable macroeconomic factors. As the digital landscape continues to evolve in Pakistan, the web push advertising market is expected to further grow and mature.

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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