According to the source, advertising spending in the Middle East will increase by an estimated 10 percent in 2023, the highest growth rate among the presented world regions. South Asia followed with about nine percent, besides the highest forecast ad spend growth rate for 2024, at over 12 percent. Meanwhile, Africa's ad expenditure was projected to decline by nearly 12 percent in 2023 and rise slightly more than six percent the following year.
Annual change in advertising spending worldwide from 2022 to 2024, by region
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WARC. (August 31, 2023). Annual change in advertising spending worldwide from 2022 to 2024, by region [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/249750/growth-of-media-advertising-spending-worldwide-by-region/
WARC. "Annual change in advertising spending worldwide from 2022 to 2024, by region." Chart. August 31, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/249750/growth-of-media-advertising-spending-worldwide-by-region/
WARC. (2023). Annual change in advertising spending worldwide from 2022 to 2024, by region. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/249750/growth-of-media-advertising-spending-worldwide-by-region/
WARC. "Annual Change in Advertising Spending Worldwide from 2022 to 2024, by Region." Statista, Statista Inc., 31 Aug 2023, https://www.statista.com/statistics/249750/growth-of-media-advertising-spending-worldwide-by-region/
WARC, Annual change in advertising spending worldwide from 2022 to 2024, by region Statista, https://www.statista.com/statistics/249750/growth-of-media-advertising-spending-worldwide-by-region/ (last visited November 19, 2024)
Annual change in advertising spending worldwide from 2022 to 2024, by region [Graph], WARC, August 31, 2023. [Online]. Available: https://www.statista.com/statistics/249750/growth-of-media-advertising-spending-worldwide-by-region/