Out-of-Home Advertising - Georgia

  • Georgia
  • Georgia's Out-of-Home Advertising market is projected to reach US$5.76m in 2024.
  • The largest market in the country is Traditional Out-of-Home Advertising, with a market volume of US$4.74m in 2024.
  • In global comparison, United States is expected to lead in ad spending, with US$9,344.00m in 2024.
  • The average ad spending per capita in Georgia's Out-of-Home Advertising market is projected to amount to US$1.55 in 2024.
  • In Georgia, the Out-of-Home Advertising market is experiencing a surge in digital billboard placements, enhancing brand visibility in key locations.

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

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Out-of-Home Advertising market in Georgia has been experiencing significant growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences:
Customers in Georgia have shown a growing inclination towards out-of-home advertising due to its ability to reach a wide audience and create a lasting impact. With the increasing use of digital platforms, traditional advertising channels such as television and print media have become less effective in capturing the attention of consumers. Out-of-home advertising, on the other hand, offers a unique opportunity for brands to engage with consumers in a physical space, where they are more likely to notice and remember the message. Additionally, the creative and innovative nature of out-of-home advertising has also contributed to its popularity among customers in Georgia.

Trends in the market:
One of the key trends in the Out-of-Home Advertising market in Georgia is the adoption of digital technology. Digital billboards and interactive displays have gained traction in recent years, allowing advertisers to deliver dynamic and targeted messages to their audience. This trend has been driven by advancements in technology and the increasing availability of digital signage infrastructure in urban areas. The use of data analytics and real-time content management systems has also enabled advertisers to optimize their campaigns and measure their effectiveness more accurately. Another trend in the market is the integration of out-of-home advertising with mobile devices. With the widespread use of smartphones, advertisers are now leveraging location-based targeting and mobile connectivity to enhance the impact of their out-of-home campaigns. This integration allows for a more personalized and interactive advertising experience, as customers can engage with the ad content through their mobile devices, such as scanning QR codes or accessing additional information.

Local special circumstances:
Georgia's strategic location at the crossroads of Europe and Asia has made it an attractive market for international brands looking to expand their presence in the region. This has led to increased competition in the advertising industry, prompting advertisers to explore new and innovative ways to capture the attention of consumers. The vibrant and dynamic nature of Georgia's cities, such as Tbilisi, has also contributed to the growth of the out-of-home advertising market, as advertisers seek to engage with the urban population through visually striking and creative campaigns.

Underlying macroeconomic factors:
The strong economic growth of Georgia in recent years has created a favorable environment for the out-of-home advertising market. With increasing disposable incomes and a growing middle class, consumers in Georgia are more willing to spend on products and services, making them an attractive target audience for advertisers. Additionally, the government's efforts to attract foreign direct investment and promote tourism have also contributed to the growth of the advertising industry, as international brands seek to establish a presence in the country. In conclusion, the Out-of-Home Advertising market in Georgia is developing rapidly due to changing customer preferences, including a growing interest in out-of-home advertising and the integration of digital technology. The local special circumstances, such as Georgia's strategic location and vibrant cities, have also contributed to the growth of the market. Furthermore, underlying macroeconomic factors, such as strong economic growth and government initiatives, have created a favorable environment for the advertising industry in Georgia.

Methodology

Data coverage:

Data encompasses enterprises (B2B). Figures are based on out-of-home (OOH) advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers traditional out-of-home advertising (offline out-of-home advertisements) and digital out-of-home advertising (internet-connected out-of-home advertisements).

Modeling approach:

Market size is determined by a combined top-down and bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party reports, and survey results from our primary research (e.g., Consumer Insights Global Survey) to analyze the markets. 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, population, urban population, and internet infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market. For instance, 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.

Additional notes:

Data is modeled using current exchange rates. The impacts of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.

Overview

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

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)