In-App Advertising - Morocco

  • Morocco
  • Ad spending in the In-App Advertising market in Morocco is projected to reach US$125.30m in 2024.
  • Ad spending is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 11.03%, leading to a projected market volume of US$211.40m by 2029.
  • The average ad spending per mobile internet user in the In-App Advertising market is projected to be US$4.66 in 2024.
  • When compared globally, China is expected to generate the highest ad spending in 2024, amounting to US$132.80bn.
  • Morocco's in-app advertising market is rapidly growing, with a surge in mobile app usage driving increased demand for targeted advertising opportunities.

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

 
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Analyst Opinion

The In-App Advertising market in Morocco is experiencing significant growth and development, driven by changing customer preferences and local special circumstances.

Customer preferences:
Moroccan customers are increasingly relying on mobile applications for various activities, including shopping, social networking, and entertainment. This shift in consumer behavior has led to a growing demand for in-app advertising, as businesses recognize the opportunity to reach their target audience directly through these platforms. Additionally, customers in Morocco are becoming more receptive to personalized and relevant advertisements, which has further fueled the adoption of in-app advertising.

Trends in the market:
One of the key trends in the In-App Advertising market in Morocco is the increasing use of programmatic advertising. Programmatic advertising allows businesses to automate the buying and selling of ad inventory, optimizing the targeting and delivery of advertisements in real-time. This trend is driven by the need for efficiency and effectiveness in advertising campaigns, as well as the availability of advanced data analytics and targeting capabilities. As a result, programmatic advertising is gaining traction in Morocco, enabling businesses to reach their desired audience with precision. 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, leading to higher conversion rates for advertisers. Moroccan customers are increasingly accustomed to consuming video content through their mobile devices, making video advertising a natural fit within mobile applications. Advertisers are leveraging this trend by incorporating video ads within popular apps, providing an immersive and interactive advertising experience for users.

Local special circumstances:
Morocco's young and tech-savvy population is a significant driver of the In-App Advertising market. With a high smartphone penetration rate and increasing internet connectivity, Moroccan consumers are highly engaged with mobile applications. This presents a unique opportunity for businesses to leverage in-app advertising to reach a large and active user base. Additionally, the Moroccan government has been actively promoting digital transformation and entrepreneurship, creating a favorable environment for the growth of the In-App Advertising market.

Underlying macroeconomic factors:
The In-App Advertising market in Morocco is also influenced by underlying macroeconomic factors. The country's stable economic growth and increasing disposable income have contributed to the rising demand for mobile applications and digital services. As more Moroccans gain access to smartphones and internet connectivity, the potential reach of in-app advertising expands. Furthermore, the growing middle class in Morocco is driving consumer spending and creating opportunities for businesses to invest in advertising to capture a larger market share. In conclusion, the In-App Advertising market in Morocco is witnessing significant growth and development, driven by changing customer preferences, local special circumstances, and underlying macroeconomic factors. As Moroccan consumers increasingly rely on mobile applications for various activities, businesses are recognizing the value of in-app advertising in reaching their target audience. The adoption of programmatic advertising and the rise of video advertising within mobile applications are key trends shaping the market. With a young and tech-savvy population, stable economic growth, and increasing disposable income, Morocco presents a favorable environment for the growth of the In-App Advertising 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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