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Advertising - Portugal

Portugal
  • Ad spending in the Advertising market in Portugal is forecasted to reach US$1.93bn in 2025.
  • The largest market is Search Advertising with a market volume of US$539.63m in 2025.
  • When compared globally, the United States is expected to lead in ad spending, reaching US$455.93bn in 2025.
  • Within the Advertising market in Portugal, 67% of total ad spending is projected to come from digital sources in 2030.
  • The average ad spending per capita in the Search Advertising sector is estimated to be US$52.91 in 2025.
  • Moreover, in the Advertising market in Portugal, Advertising market of the 89% revenue will be generated through programmatic advertising in 2030.
  • Portugal's advertising market is seeing a shift towards digital platforms, with a growing focus on social media and influencer collaborations.

Definition:
Advertising spending refers to expenses for promotional strategies with which brands or businesses purchase advertising space to promote products or services. The primary purposes of advertising include creating awareness, generating interest, and persuading consumers to take a particular action such as purchasing a product, visiting a website, or supporting brands. Advertisers use advertising to reach their target audience while media companies and advertising agencies use it as a source of income.

Structure:
The advertising spending consists of two main channels (traditional advertising and digital advertising). Traditional Advertising refers to above-the-line media that delivers commercial messages to broad audiences. This includes mass media such as traditional TV, traditional radio, printed newspapers, printed magazines, and traditional out-of-home (OOH) advertising formats. Digital Advertising uses the internet to deliver marketing messages to internet users in various forms. This includes digital video, search engine, social media, digital out-of-home, digital banner, digital audio, digital classifieds, and influencer advertising.

Additional information:
The market comprises advertising spending, share by advertising channel, users, average revenue per user, advertising share by industry, ad spending by medium, and digital ad spending share (programmatic and non-programmatic). The market only displays B2B spending and users for the above-mentioned channels. Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. Additional definitions for each market can be found on the respective pages. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
  • Traditional advertising such as non-digital ads for TV and radio, as well as out-of-home advertising and print advertising
  • Digital advertising such as online ads for video, banner, audio, classifieds, and search engines, as well as digital out-of-home, social media, in-app, and connected TV advertising
  • Influencer advertising
Out-Of-Scope
  • Sponsorships/events and promotion
  • Product placement
  • Commission-based affiliate systems
Advertising: market data & analysis - Cover

Market Insights report

Advertising: market data & analysis
CONTENTBOX_CAPTION_STUDY_DETAILS

    Ad Spending

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    Digital Ad Spending

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    Analyst Opinion

    The Advertising market in Portugal has been experiencing steady growth in recent years, driven by changing customer preferences and local special circumstances.

    Customer preferences:
    In Portugal, customers have shown a growing preference for digital advertising channels, such as social media, online videos, and mobile advertising. This shift can be attributed to the increasing use of smartphones and the internet among the Portuguese population. Customers are also demanding more personalized and targeted advertising messages, which can be achieved through digital platforms. Traditional advertising channels, such as television and print media, are still relevant but are facing increasing competition from digital channels.

    Trends in the market:
    One of the major trends in the Portuguese advertising market is the rise of programmatic advertising. Programmatic advertising allows advertisers to automate the buying and selling of ad inventory, making the process more efficient and targeted. This trend is driven by advancements in technology and data analytics, which enable advertisers to reach their target audience more effectively. Programmatic advertising is particularly popular in digital channels, where it allows for real-time bidding and optimization of ad placements. Another trend in the Portuguese advertising market is the increasing focus on native advertising. Native advertising involves creating content that is seamlessly integrated into the user's online experience, making it less intrusive and more engaging. This type of advertising is gaining popularity as customers become more resistant to traditional forms of advertising. Native advertising allows brands to tell their story in a more authentic and compelling way, leading to higher engagement and conversion rates.

    Local special circumstances:
    One of the unique aspects of the Portuguese advertising market is the strong presence of local media companies. These companies have a deep understanding of the local market and culture, allowing them to create tailored advertising campaigns that resonate with Portuguese customers. Local media companies also have established relationships with local businesses, which gives them a competitive advantage in the market.

    Underlying macroeconomic factors:
    The growth of the advertising market in Portugal is also influenced by underlying macroeconomic factors. Portugal has experienced steady economic growth in recent years, which has led to increased consumer spending and business investment. This positive economic environment has created opportunities for advertisers to reach a larger audience and promote their products and services. Additionally, the government has implemented policies to attract foreign investment and promote entrepreneurship, which has further contributed to the growth of the advertising market. In conclusion, the Advertising market in Portugal is evolving to meet the changing customer preferences, with a shift towards digital channels and more personalized advertising messages. The rise of programmatic advertising and native advertising are two major trends in the market, driven by advancements in technology and customer preferences. The strong presence of local media companies and the positive macroeconomic environment are also contributing to the growth of the advertising market in Portugal.

    Reach

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    Global Comparison

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    Methodology

    Data coverage:

    Data encompasses enterprises (B2B). Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising by businesses for traditional and digital advertisements.

    Modeling approach:

    Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, 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). Next, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, consumer spending, and digital consumer spending. 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 particular 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.

    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 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).

    Advertising & Media

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    Advertising: market data & analysis - BackgroundAdvertising: market data & analysis - Cover

    Key Market Indicators

    NOTES: Based on data from IMF, World Bank, UN and Eurostat

    MOST_RECENT_UPDATE: Jan 2025

    SOURCE: Statista Market Insights

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    Advertising worldwide – statistics & facts

    All advertising markets across the globe win, yet some win more than others. Ad spending worldwide reached almost 733 billion U.S. dollars in 2023, up less than three percent from the previous year. For comparison, in 2022, Switzerland ranked 20th among the leading economies by gross domestic product (GDP) with a result exceeding 800 billion dollars. Whereas global ad revenues concentrate in areas with either large populations or high purchase power – preferably both – their evolution depends on a larger set of indicators. It was forecast that, in 2024, South Asia will be the world's fastest-growing ad market, and the only out of nine with a double-digit increase rate: 12.1 percent. The second-placed region, comprising the United States and Canada, was projected to see its ad expenditure rise 7.6 percent.
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