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
Sources: Statista Market Insights, Statista Consumer Insights Global
Most recent update: Mar 2024
Source: Statista Company Insights
The Traditional TV Advertising market in Egypt has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Egypt have shifted towards traditional TV advertising due to its wide reach and effectiveness in reaching a large audience. Despite the rise of digital platforms, traditional TV remains a popular choice for advertisers in Egypt, as it allows them to target a diverse audience across different age groups and socioeconomic backgrounds. Additionally, many Egyptians still rely on traditional TV as their primary source of entertainment and information, further increasing the demand for TV advertising. Trends in the market also contribute to the growth of traditional TV advertising in Egypt. Advertisers are increasingly recognizing the power of TV advertising in building brand awareness and driving sales. They are investing in high-quality production and creative storytelling to capture the attention of viewers and create memorable advertisements. Furthermore, the rise of satellite TV channels and the expansion of local TV networks have created more advertising opportunities, attracting both local and international advertisers. Local special circumstances play a role in the development of the Traditional TV Advertising market in Egypt. The country has a large population and a growing middle class, which increases the potential consumer base for advertisers. Additionally, Egypt is known for its vibrant media industry, with a wide range of TV channels catering to different interests and demographics. This diversity allows advertisers to target specific audiences and tailor their messages accordingly. Underlying macroeconomic factors also contribute to the growth of traditional TV advertising in Egypt. The country has been experiencing economic stability and steady GDP growth, which has led to increased consumer spending power. Advertisers see this as an opportunity to promote their products and services through TV advertising, as consumers are more likely to make purchasing decisions when they have disposable income. In conclusion, the Traditional TV Advertising market in Egypt is growing due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Advertisers are recognizing the value of traditional TV advertising in reaching a wide audience and are investing in high-quality production and creative storytelling. The diverse media landscape in Egypt, along with the country's economic stability and growing consumer spending power, further contribute to the growth 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 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