In 2023, it was estimated that the social media advertising spending in Malaysia amounted to around 356.6 million U.S. dollars. The revenue in the social media advertising market in Malaysia was forecast to continuously increase between 2024 and 2029 with CAGR of 8.4 percent. According to this forecast, by 2029, the revenue will have increased to more than 592 million U.S. dollars.
Revenue of the social media advertising market in Malaysia from 2018 to 2029
(in million U.S. dollars)
Data provided by Statista Market Insights are estimates.
Social Media Advertising includes all ad revenue generated by social networks or business networks such as Facebook, Twitter or LinkedIn. Ads in social networks can appear as sponsored posts within organic content or besides the newsfeed.
Social Media Advertising does not include ads within online games nor revenues generated from membership subscriptions or premium fees.
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Statista. (April 15, 2024). Revenue of the social media advertising market in Malaysia from 2018 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista. "Revenue of the social media advertising market in Malaysia from 2018 to 2029 (in million U.S. dollars)." Chart. April 15, 2024. Statista. Accessed September 19, 2024. https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista. (2024). Revenue of the social media advertising market in Malaysia from 2018 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista. "Revenue of The Social Media Advertising Market in Malaysia from 2018 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue
Statista, Revenue of the social media advertising market in Malaysia from 2018 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue (last visited September 19, 2024)
Revenue of the social media advertising market in Malaysia from 2018 to 2029 (in million U.S. dollars) [Graph], Statista, April 15, 2024. [Online]. Available: https://www.statista.com/forecasts/1380729/malaysia-social-media-advertising-market-revenue