Cinema Advertising - Oman

  • Oman
  • Ad spending in the Cinema Advertising market is projected to reach US$245.90k in 2024.
  • Ad spending is expected to show an annual growth rate (CAGR 2024-2029) of 5.68%, resulting in a projected market volume of US$324.20k by 2029.
  • With a projected market volume of US$952.00m in 2024, most revenue will be generated in the United States.
  • In the Cinema Advertising market, the number of viewers is expected to amount to 385.1k users by 2029.
  • The average ad spending per viewer in the Cinema Advertising market is projected to amount to US$0.75 in 2024.

Key regions: Germany, United States, India, Japan, United Kingdom

 
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Analyst Opinion

The Cinema Advertising market in Oman is experiencing steady growth and development in recent years.

Customer preferences:
Omani consumers have shown a growing interest in cinema advertising due to its unique and engaging nature. With the rise of digital technology and social media, traditional advertising methods have become less effective in capturing consumers' attention. Cinema advertising offers a captive audience in a distraction-free environment, allowing advertisers to deliver their messages to a receptive audience. Additionally, Omani consumers appreciate the high production value and creativity of cinema advertisements, making it a preferred medium for brands to communicate their messages.

Trends in the market:
One of the key trends in the Cinema Advertising market in Oman is the increasing adoption of digital technology. Digital cinema screens have become more prevalent in cinemas across the country, providing advertisers with the opportunity to display high-quality, dynamic advertisements. This trend has also led to the emergence of interactive and immersive cinema advertising experiences, further enhancing the impact of advertisements on the audience. Advertisers are leveraging this technology to create engaging and memorable experiences that resonate with Omani consumers. Another trend in the market is the growing focus on targeted advertising. Advertisers are increasingly using data analytics and audience segmentation to tailor their advertisements to specific demographics and consumer preferences. This allows brands to deliver more relevant and personalized messages to the cinema audience, increasing the effectiveness of their advertising campaigns. Omani consumers appreciate advertisements that are tailored to their interests and needs, making targeted cinema advertising a valuable tool for brands.

Local special circumstances:
Oman has a growing cinema industry, with new multiplexes and theaters being opened across the country. This expansion provides advertisers with a wider reach and greater opportunities to showcase their products and services. The government of Oman has also been supportive of the cinema industry, implementing policies and initiatives to encourage its growth. This favorable environment has attracted both local and international brands to invest in cinema advertising in Oman.

Underlying macroeconomic factors:
The steady economic growth and increasing disposable income of Omani consumers have contributed to the development of the Cinema Advertising market. As the economy continues to grow, more consumers are able to afford leisure activities such as going to the cinema, creating a larger audience for cinema advertisements. Additionally, the government's focus on diversifying the economy and promoting tourism has attracted international brands to invest in Oman, further driving the growth of the Cinema Advertising market. In conclusion, the Cinema Advertising market in Oman is experiencing growth and development due to customer preferences for engaging and targeted advertisements, the adoption of digital technology, the expansion of the cinema industry, and favorable macroeconomic factors. Advertisers in Oman are leveraging these trends and circumstances to deliver impactful and effective cinema advertising campaigns.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on the Cinema Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising both on and off screen in cinemas, including ads shown before a movie and those displayed inside a cinema.

Modeling approach / market size:

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) to analyze the markets.as well as performance factors (e.g., user penetration, price per product, usage) 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 various macroeconomic indicators, historical developments, current trends, reported performance indicators of key market players as well as performance factors (e.g., user penetration and usage) to analyze the markets.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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