Comparing the 20 selected regions regarding the ad spending in the 'Social Media Advertising' segment of the digital advertising market, the United States is leading the ranking (72.3 billion U.S. dollars) and is followed by China with 71.4 billion U.S. dollars. At the other end of the spectrum is Thailand with 501.27 million U.S. dollars, indicating a difference of 71.8 billion U.S. dollars to the United States.
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 22, 2023). Leading markets worldwide in 2023, by social media advertising spending (in million U.S. dollars) [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/forecasts/459813/social-media-advertising-revenue-countries-digital-market-outlook
Statista. "Leading markets worldwide in 2023, by social media advertising spending (in million U.S. dollars)." Chart. November 22, 2023. Statista. Accessed July 16, 2024. https://www.statista.com/forecasts/459813/social-media-advertising-revenue-countries-digital-market-outlook
Statista. (2023). Leading markets worldwide in 2023, by social media advertising spending (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/forecasts/459813/social-media-advertising-revenue-countries-digital-market-outlook
Statista. "Leading Markets Worldwide in 2023, by Social Media Advertising Spending (in Million U.S. Dollars)." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/forecasts/459813/social-media-advertising-revenue-countries-digital-market-outlook
Statista, Leading markets worldwide in 2023, by social media advertising spending (in million U.S. dollars) Statista, https://www.statista.com/forecasts/459813/social-media-advertising-revenue-countries-digital-market-outlook (last visited July 16, 2024)
Leading markets worldwide in 2023, by social media advertising spending (in million U.S. dollars) [Graph], Statista, November 22, 2023. [Online]. Available: https://www.statista.com/forecasts/459813/social-media-advertising-revenue-countries-digital-market-outlook