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ePapers Advertising - Nigeria

Nigeria
  • Revenue in the ePapers Advertising market is projected to reach US$3.01m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2027) of 1.95%, resulting in a projected market volume of US$3.19m by 2027.
  • In the ePapers Advertising market, the number of users is expected to amount to 7.8m users by 2027.
  • User penetration will be 3.1% in 2024 and is expected to hit 3.2% by 2027.
  • In global comparison, most revenue will be generated United States (US$5.53bn in 2024).
  • The average revenue per user (ARPU) in the ePapers Advertising market is projected to amount to US$0.43 in 2024.

Definition

Epaper advertising refers to the promotion of products, services, or brands through ads placed within electronic versions of newspapers or magazines that are distributed and read online. ePapers are digital replicas of printed newspapers or magazines that can be accessed through various digital devices such as computers, tablets, or smartphones. Epaper advertising can take different forms, including display ads, native advertising, sponsored content, or video ads. Advertisers can target their ads to specific demographics, interests, or behaviors, and measure their effectiveness through metrics such as click-through rates, impressions, or conversions.

Additional information:

Epapers advertising comprises advertising spending, users, average revenue per user and penetration. The market only displays B2B spending. Figures are based on ePapers advertising spending and exclude agency commissions, rebates, production costs, and taxes.

In-Scope

  • Digital newspaper advertising, such as The New York Times, The Guardian, and The Wall Street Journal
  • Mobile newspaper advertising, which includes banner ads and sponsored content on mobile apps for ePaper platforms
  • Integrated marketing campaigns, such as ePaper ads, sponsored events, and social media promotions

Out-Of-Scope

  • Print newspaper advertising, such as display ads and classified ads in traditional print newspapers
  • Broadcast advertising, such as TV and radio ads
  • Outdoor advertising, such as billboards and posters
ePublishing: market data & analysis - Cover

Market Insights report

ePublishing: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Users

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    Data encompasses enterprises (B2B). Figures are based on ePapers advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising in ePapers.

    Modeling approach:

    Submarket size is determined by a combined top-down and bottom-up approach. We use industry association reports, third-party reports, and survey results from our primary research (e.g., Statista Global Consumer 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, urban population, and education index.

    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.

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