Product Code: ETC420515 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Saudi Arabian advertising market is evolving rapidly, with a shift towards digital advertising channels. As the country embraces technological advancements, businesses are investing in online advertising, social media campaigns, and influencer marketing. Traditional advertising methods, such as billboards and print ads, still hold relevance but are gradually being complemented by digital strategies.
The advertising market in Saudi Arabia is propelled by the country`s economic diversification efforts and increased foreign investments. The government`s focus on tourism, entertainment, and cultural events has led to a surge in advertising campaigns to attract visitors and promote local businesses. Additionally, the digital transformation of advertising, with a strong emphasis on social media and online platforms, is reshaping the industry. The growing middle-class population and rising consumer spending also create a favorable environment for advertising growth.
The advertising industry in Saudi Arabia confronts unique challenges. Advertisers need to navigate a conservative cultural landscape, which limits the content that can be used for promotions. Moreover, reaching diverse target audiences while adhering to cultural sensitivities can be a complex task. Digital advertising faces its challenges, with concerns about data privacy and cybersecurity becoming increasingly prominent. Furthermore, the economic impact of global events and fluctuations in oil prices can impact advertising budgets, making the market volatile.
The advertising market in Saudi Arabia saw a shift in consumer behavior during the pandemic, with more people spending time online and on social media platforms. This presented opportunities for advertisers to target their audiences through digital channels. However, there was also a decrease in advertising budgets for some industries, as businesses faced economic uncertainties. As the economy stabilizes, the advertising market is expected to recover, with a continued emphasis on digital advertising and data-driven campaigns.
In the advertising market, major players include Choueiri Group, United Media Services, and OMD Saudi Arabia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Advertising Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Advertising Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Advertising Market - Industry Life Cycle |
3.4 Saudi Arabia Advertising Market - Porter's Five Forces |
3.5 Saudi Arabia Advertising Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Saudi Arabia Advertising Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Advertising Market Trends |
6 Saudi Arabia Advertising Market, By Types |
6.1 Saudi Arabia Advertising Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Advertising Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Advertising Market Revenues & Volume, By Television, 2021-2031F |
6.1.4 Saudi Arabia Advertising Market Revenues & Volume, By Print (Newspaper and Magazine), 2021-2031F |
6.1.5 Saudi Arabia Advertising Market Revenues & Volume, By Radio, 2021-2031F |
6.1.6 Saudi Arabia Advertising Market Revenues & Volume, By Outdoor, 2021-2031F |
6.1.7 Saudi Arabia Advertising Market Revenues & Volume, By Internet (Search, Display, Classified, Video), 2021-2031F |
6.1.8 Saudi Arabia Advertising Market Revenues & Volume, By Mobile, 2021-2031F |
7 Saudi Arabia Advertising Market Import-Export Trade Statistics |
7.1 Saudi Arabia Advertising Market Export to Major Countries |
7.2 Saudi Arabia Advertising Market Imports from Major Countries |
8 Saudi Arabia Advertising Market Key Performance Indicators |
9 Saudi Arabia Advertising Market - Opportunity Assessment |
9.1 Saudi Arabia Advertising Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Saudi Arabia Advertising Market - Competitive Landscape |
10.1 Saudi Arabia Advertising Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Advertising Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |