Digital Video Advertising - Egypt

  • Egypt
  • Egypt is projected to reach US$137.90m in the Digital Video Advertising market by 2024.
  • The ad spending is forecasted to grow annually at a rate of 6.11% between 2024 and 2029, leading to a market volume of US$185.50m by 2029.
  • With a market volume of US$85,390.00m in 2024, the United States is expected to generate the most revenue.
  • In Egypt, 58% of total ad spending in the Digital Video Advertising market will come from mobile devices by 2029.
  • The average ad spending per internet user in the Digital Video Advertising market is projected to be US$1.45 in 2024.
  • Connected TV ad spending in Egypt's Digital Video Advertising market is estimated to reach US$4.21m in 2024 and is anticipated to grow at a rate of 4.15% annually, reaching a market volume of US$5.16m by 2029.
  • Ad spending on short-form videos in Egypt's Digital Video Advertising market is projected to hit US$67.47m in 2024 and is expected to grow annually at a rate of 8.96%, resulting in a market volume of US$103.60m by 2029.
  • Egypt's Digital Video Advertising market is experiencing rapid growth, driven by increasing internet penetration and a growing demand for online video content.

Key regions: Australia, Europe, India, China, Asia

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Digital Video Advertising market in Egypt has been experiencing significant growth in recent years, driven by changing customer preferences and the increasing availability of digital platforms. Customer preferences have shifted towards consuming video content online, with an increasing number of Egyptians using smartphones and tablets to access the internet. This trend is fueled by the growing popularity of social media platforms and video-sharing websites, which offer a wide range of video content. As a result, advertisers have recognized the potential of reaching their target audience through digital video advertising. In addition to customer preferences, several trends have emerged in the Digital Video Advertising market in Egypt. One trend is the rise of programmatic advertising, which allows advertisers to automate the buying and selling of ad space. This technology enables advertisers to target specific demographics and optimize their ad campaigns in real-time, resulting in more efficient and effective advertising. Another trend is the increasing adoption of mobile advertising. With the majority of Egyptians accessing the internet through their smartphones, mobile advertising has become an essential component of digital video advertising strategies. Advertisers are leveraging mobile-specific features such as location-based targeting and interactive ad formats to engage with their audience on the go. Local special circumstances also play a role in the development of the Digital Video Advertising market in Egypt. The country has a large and young population, with a high percentage of internet users. This demographic profile presents a significant opportunity for advertisers to reach a wide audience through digital video advertising. Additionally, Egypt has a vibrant media landscape, with a variety of online platforms and content creators. This diversity allows advertisers to partner with local influencers and content creators to create targeted and engaging video ad campaigns. Underlying macroeconomic factors also contribute to the growth of the Digital Video Advertising market in Egypt. The country has experienced steady economic growth in recent years, which has resulted in an increase in disposable income and consumer spending. As a result, advertisers are investing more in digital video advertising to capitalize on the growing consumer market. Overall, the Digital Video Advertising market in Egypt is developing rapidly due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Advertisers are recognizing the potential of digital platforms to reach their target audience and are leveraging technologies such as programmatic advertising and mobile advertising to optimize their ad campaigns. With a large and young population, vibrant media landscape, and growing economy, Egypt presents a lucrative market for digital video advertising.

Methodology

Data coverage:

Data encompasses enterprises (B2B). Figures are based on digital video advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers video ad formats (web-based, app-based, social media, and connected devices).

Modeling approach:

Market size is determined by a combined top-down and bottom-up approach. We use market data from industry reports and survey results from our primary research (e.g., Consumer Insights Global Survey) to analyze the markets. Then we benchmark key countries or regions (United States, China, Europe, Asia, and Africa) results with country-specific advertising organizations or associations. 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, internet users, 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.

Overview

  • Ad Spending
  • Demographics
  • 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 Ayana Mizuno
Ayana Mizuno
Junior 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)