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: Mar 2024
Source: Statista Company Insights
The Traditional TV Advertising market in CIS is experiencing significant growth due to changing customer preferences and market trends.
Customer preferences: Customers in the CIS region still have a strong preference for traditional TV advertising. They enjoy the experience of watching their favorite shows and movies on television and are more likely to pay attention to advertisements during these programs. Additionally, many households in the region do not have access to high-speed internet, making traditional TV advertising the most effective way to reach a wide audience.
Trends in the market: One of the key trends in the CIS TV advertising market is the increasing demand for local content. Viewers in the region are more likely to engage with advertisements that feature local actors, cultural references, and languages. Advertisers are recognizing this trend and are creating more localized campaigns to effectively target the CIS audience. Another trend in the market is the rise of programmatic advertising. Advertisers are leveraging technology to automate the buying and selling of TV ad inventory, allowing for more targeted and efficient advertising campaigns. This trend is particularly relevant in the CIS region, where advertisers are looking to maximize their return on investment and reach their target audience more effectively.
Local special circumstances: The CIS region is diverse, with multiple countries and languages. Advertisers need to consider these local special circumstances when creating their TV advertising campaigns. Cultural nuances, language preferences, and regional differences all play a significant role in the success of an advertisement. Advertisers that understand and tailor their campaigns to these local special circumstances are more likely to resonate with the audience and drive results.
Underlying macroeconomic factors: The CIS region has experienced economic growth in recent years, leading to an increase in disposable income. This has resulted in higher consumer spending, including on television and entertainment. As a result, advertisers are investing more in traditional TV advertising to capitalize on the growing consumer market. In conclusion, the Traditional TV Advertising market in CIS is growing due to customer preferences for traditional television, the increasing demand for local content, the rise of programmatic advertising, local special circumstances, and the underlying macroeconomic factors. Advertisers that understand and adapt to these trends and circumstances are well-positioned to succeed in the CIS TV advertising 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 traditional TV advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers non-digital formats such as terrestrial TV, cable TV, satellite TV, and linear TV.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, media consumption, number of households with television, and 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