In-App Advertising - Gabon

  • Gabon
  • In Gabon, the ad spending within the In-App Advertising market is forecasted to reach US$13.78m by 2024.
  • The market is expected to experience an annual growth rate (CAGR 2024-2029) of 6.56%, leading to a projected market volume of US$18.93m by 2029.
  • The estimated average ad spending per mobile internet user in the In-App Advertising market sector is US$5.90 in 2024.
  • When considering global figures, China is anticipated to generate the highest ad spending amounting to US$132.60bn in 2024.
  • Gabon's in-app advertising market is rapidly growing, driven by increased smartphone penetration and a rising demand for digital advertising solutions.

Key regions: China, Europe, United States, Asia, Germany

 
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Analyst Opinion

The In-App Advertising market in Gabon has been experiencing significant growth in recent years, driven by the increasing adoption of smartphones and mobile applications in the country.

Customer preferences:
Gabonese consumers have shown a growing preference for mobile applications, with a significant portion of the population using smartphones for various purposes such as communication, entertainment, and accessing information. This has created a favorable environment for in-app advertising, as it allows advertisers to reach a large and engaged audience.

Trends in the market:
One of the key trends in the In-App Advertising market in Gabon is the shift towards programmatic advertising. Programmatic advertising enables advertisers to automate the buying and selling of ad inventory, allowing for more efficient and targeted campaigns. This trend is driven by the increasing availability of data and advanced analytics, which enable advertisers to better understand their target audience and deliver personalized and relevant ads. Another trend in the market is the rise of video advertising within mobile applications. Video ads have proven to be highly engaging and effective in capturing users' attention. As a result, advertisers are increasingly investing in video ad formats to promote their products and services. This trend is also supported by the improvement in mobile network infrastructure, which allows for faster and smoother video streaming.

Local special circumstances:
Gabon has a relatively young population, with a large percentage of the population below the age of 30. This demographic is highly tech-savvy and spends a significant amount of time on their smartphones. As a result, advertisers are focusing their efforts on targeting this younger demographic through in-app advertising.

Underlying macroeconomic factors:
Gabon has witnessed steady economic growth in recent years, supported by its natural resources and infrastructure development. This has led to an increase in disposable income and consumer spending, which in turn has fueled the demand for smartphones and mobile applications. The growing middle class in Gabon is also contributing to the expansion of the In-App Advertising market, as consumers have more purchasing power and are more likely to engage with mobile ads. In conclusion, the In-App Advertising market in Gabon is experiencing significant growth due to the increasing adoption of smartphones and mobile applications. Customer preferences for mobile apps, the shift towards programmatic advertising, and the rise of video advertising are some of the key trends in the market. The young and tech-savvy population, along with the country's steady economic growth, are contributing to the expansion of the market.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on in-app advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers ad spending on advertisements displayed within a mobile application.

Modeling approach:

The market size is determined through a combined top-down and bottom-up approach. We use market data from independent databases, the number of application downloads from data partners, survey results taken from our primary research (e.g., the Consumer Insights Global Survey), and third-party reports to analyze and estimate global in-app advertising spending. To analyze the markets, we start by researching digital advertising in mobile applications for each advertising format, incidents of in-app and mobile browser usage, as well as the time spent in mobile apps by categories. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, mobile users, and digital consumer spending. Lastly, we benchmark key countries and/or regions (e.g., global, the United States, China) with external sources.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year.

Overview

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