Over the last two observations, the ad spending is forecast to significantly increase in all segments. As part of the positive trend, the indicator reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Social Media Advertising Mobile, which has the highest value of 212,684,584,054.29 U.S. dollars.
Includes paid advertising appearing within social networks, social network games and social network applications; excludes spending by marketers that goes toward developing or maintaining a social network presence
Supplementary notes
Data provided by Statista Market Insights are estimates.Definition: Social Media Advertising is a form of online digital marketing in which paid banner and video ad campaigns are run on social media platforms to reach the target audiences. Marketers can promote brands, products, and services and increase purchase intention.
Additional information: Social Media Advertising comprises advertising spending, users, average revenue per user, and key players. The market only displays B2B spending. Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. Key players in Social Media Advertising include Facebook, Instagram, Twitter, TikTok, LinkedIn, Weibo, Naver, and Kakao. For more information on the data displayed, use the info button right next to the boxes.
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Statista. (November 21, 2023). Social network advertising spending per user worldwide from 2020 to 2028, by device (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1273386/social-media-ad-spend-use-device/
Statista. "Social network advertising spending per user worldwide from 2020 to 2028, by device (in U.S. dollars)." Chart. November 21, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1273386/social-media-ad-spend-use-device/
Statista. (2023). Social network advertising spending per user worldwide from 2020 to 2028, by device (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1273386/social-media-ad-spend-use-device/
Statista. "Social Network Advertising Spending per User Worldwide from 2020 to 2028, by Device (in U.S. Dollars)." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1273386/social-media-ad-spend-use-device/
Statista, Social network advertising spending per user worldwide from 2020 to 2028, by device (in U.S. dollars) Statista, https://www.statista.com/statistics/1273386/social-media-ad-spend-use-device/ (last visited November 21, 2024)
Social network advertising spending per user worldwide from 2020 to 2028, by device (in U.S. dollars) [Graph], Statista, November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1273386/social-media-ad-spend-use-device/