Mexico Smart Advertising Services Market Size & Outlook
The smart advertising services market in Mexico is expected to reach a projected revenue of US$ 44.7 million by 2030. A compound annual growth rate of 20.8% is expected of Mexico smart advertising services market from 2023 to 2030.
Revenue, 2022 (US$M)
$9.8
Forecast, 2030 (US$M)
$44.7
CAGR, 2023 - 2030
20.9%
Report Coverage
Mexico
Mexico smart advertising services market, 2017-2030 (US$M)
Related Markets
Mexico smart advertising services market highlights
- The Mexico smart advertising services market generated a revenue of USD 9.8 million in 2022 and is expected to reach USD 44.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 20.8% from 2023 to 2030.
- In terms of segment, search engine advertising was the largest revenue generating service type in 2022.
- Social Media Advertising is the most lucrative service type segment registering the fastest growth during the forecast period.
Smart advertising services market data book summary
| Market revenue in 2022 | USD 9.8 million |
| Market revenue in 2030 | USD 44.7 million |
| Growth rate | 20.8% (CAGR from 2022 to 2030) |
| Largest segment | Search engine advertising |
| Fastest growing segment | Social Media Advertising |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Email Advertising, Video Advertising, Search Engine Advertising, Mobile Advertising, Social Media Advertising, Online Display Advertising |
| Key market players worldwide | Alphabet Inc Class A, Meta Platforms Inc Class A, Alphabet Inc Class C, Omnicom Group Inc, IBEX Ltd, The Interpublic Group of Companies Inc, X (formerly Twitter), TikTok, The Walt Disney Co, Amazon.com Inc, Alibaba Group Holding Ltd ADR, Microsoft Corp, Deloitte, International Business Machines Corp, Vayner Media, BlueFocus |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global smart advertising services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil smart advertising services market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 44.7 million by 2030.
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Smart Advertising Services Market Scope
Smart advertising services market segmentation & scope
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Smart Advertising Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico smart advertising services market size, by service type, 2017-2030 (US$M)
Mexico Smart Advertising Services Market Outlook Share, 2022 & 2030 (US$M)
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