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
The TV & Video Advertising market in CIS is experiencing significant growth and development, driven by changing customer preferences and local special circumstances. Customer preferences in the TV & Video Advertising market in CIS are shifting towards digital platforms and online streaming services. With the increasing availability of high-speed internet and the growing popularity of smartphones and smart TVs, consumers are increasingly opting for on-demand content and personalized viewing experiences. This shift in preferences has led to a surge in digital advertising, as advertisers recognize the need to reach their target audience through these digital channels. Additionally, consumers are becoming more selective in their viewing habits, preferring ad-free or ad-light content, which has prompted advertisers to explore new ways to engage with their audience. Trends in the market indicate a rise in programmatic advertising and targeted advertising strategies. Programmatic advertising allows advertisers to automate the buying and selling of ad inventory, enabling them to reach their target audience more efficiently and effectively. This trend is driven by the increasing availability of data and advanced analytics, which enable advertisers to segment their audience and deliver personalized ads. Furthermore, targeted advertising strategies are gaining traction, as advertisers aim to deliver relevant and engaging content to their audience. This trend is supported by the advancements in technology, such as artificial intelligence and machine learning, which enable advertisers to analyze consumer behavior and preferences to deliver highly targeted ads. Local special circumstances in the TV & Video Advertising market in CIS include the dominance of state-owned television networks and the regulatory environment. State-owned television networks continue to play a significant role in the media landscape of CIS countries, attracting a large viewership and commanding a significant share of advertising budgets. However, the emergence of digital platforms and the increasing popularity of online streaming services are challenging the dominance of traditional television networks. Additionally, the regulatory environment in CIS countries can impact the TV & Video Advertising market, with regulations governing content, advertising standards, and foreign investment. Underlying macroeconomic factors also play a role in the development of the TV & Video Advertising market in CIS. Economic growth and increasing disposable incomes contribute to higher advertising spending, as companies invest in marketing to capture consumer attention and drive sales. Additionally, political stability and favorable business conditions attract foreign investment, which can stimulate the advertising industry and contribute to its growth. However, economic fluctuations and geopolitical tensions can impact the advertising market, leading to changes in advertising budgets and strategies. Overall, the TV & Video Advertising market in CIS is evolving to meet the changing preferences of consumers and adapt to the digital landscape. The shift towards digital platforms, the rise of programmatic and targeted advertising, and the influence of local special circumstances and macroeconomic factors are shaping the future of the market.
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Data coverage:
Data encompasses enterprises (B2B). Figures are based on TV and video advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers traditional TV advertising (non-digital formats such as terrestrial TV, cable TV, satellite TV, and linear TV) and digital video advertising (video ad formats: web-based, app-based, on social media, and connected devices).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, web traffic, 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, media consumption, internet users, consumer spending, and digital consumer spending.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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights