In 2028, the ad spending growthis forecast to significantly decrease in all segments compared to the previous time point. Comparing the two different segments for the year 2028, the segment 'Social Media Advertising Mobile' leads the ranking with 1.55 percent. Contrastingly, 'Social Media Advertising Desktop' is ranked last, with 1.33 percent. Their difference, compared to Social Media Advertising Mobile, lies at 0.22 percentage points.
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 media advertising spending growth in the United Kingdom (UK) from 2020 to 2028, by device [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/461891/social-media-advertising-revenue-growth-device-digital-market-outlook-uk
Statista. "Social media advertising spending growth in the United Kingdom (UK) from 2020 to 2028, by device." Chart. November 21, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/461891/social-media-advertising-revenue-growth-device-digital-market-outlook-uk
Statista. (2023). Social media advertising spending growth in the United Kingdom (UK) from 2020 to 2028, by device. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/461891/social-media-advertising-revenue-growth-device-digital-market-outlook-uk
Statista. "Social Media Advertising Spending Growth in The United Kingdom (Uk) from 2020 to 2028, by Device." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/forecasts/461891/social-media-advertising-revenue-growth-device-digital-market-outlook-uk
Statista, Social media advertising spending growth in the United Kingdom (UK) from 2020 to 2028, by device Statista, https://www.statista.com/forecasts/461891/social-media-advertising-revenue-growth-device-digital-market-outlook-uk (last visited November 05, 2024)
Social media advertising spending growth in the United Kingdom (UK) from 2020 to 2028, by device [Graph], Statista, November 21, 2023. [Online]. Available: https://www.statista.com/forecasts/461891/social-media-advertising-revenue-growth-device-digital-market-outlook-uk