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Key regions: United States, India, China, Japan, United Kingdom
The TV & Video Advertising market in Eastern Africa is experiencing significant growth and development. Customer preferences in Eastern Africa are shifting towards digital platforms for entertainment and information. With the increasing availability and affordability of smartphones and internet connectivity, consumers are spending more time watching videos online. This has led to a surge in demand for TV and video advertising on digital platforms. Trends in the market show that traditional TV advertising is still popular in Eastern Africa, but digital advertising is rapidly gaining traction. Advertisers are recognizing the potential of reaching a larger and more targeted audience through digital platforms. They are investing more in online video advertising to capitalize on the growing number of internet users in the region. Local special circumstances in Eastern Africa contribute to the development of the TV & Video Advertising market. The region has a young and tech-savvy population that is highly engaged with digital media. This presents a lucrative opportunity for advertisers to reach a demographic that is increasingly difficult to reach through traditional advertising channels. Underlying macroeconomic factors also play a role in the growth of the TV & Video Advertising market in Eastern Africa. The region has been experiencing steady economic growth, which has led to an increase in disposable income. As a result, consumers have more purchasing power and are more likely to engage with brands and products advertised on TV and digital platforms. In conclusion, the TV & Video Advertising market in Eastern Africa is developing rapidly due to changing customer preferences, the rise of digital advertising, local special circumstances, and underlying macroeconomic factors. Advertisers are adapting to these trends and investing more in TV and video advertising to reach a larger and more engaged audience in the region.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)