Digital Video Advertising - Switzerland

  • Switzerland
  • Ad spending in the Digital Video Advertising market in Switzerland is forecasted to reach US$518.70m in 2024.
  • The expected annual growth rate (CAGR 2024-2029) for ad spending indicates a 4.36% increase, leading to a projected market volume of US$642.00m by 2029.
  • With a projected market volume of US$84,610.00m in 2024, the majority of revenue is anticipated to be generated the United States.
  • In Switzerland, 71.67% of total ad spending in the Digital Video Advertising market is estimated to be generated through mobile by 2029.
  • The average ad spending per internet user in the Digital Video Advertising market is projected to be US$62.63 in 2024.
  • Connected TV ad spending in the Digital Video Advertising market is projected to reach US$81.80m in 2024.
  • Connected TV is expected to exhibit an annual growth rate (CAGR 2024-2029) of 5.18%, resulting in a projected market volume of US$105.30m by 2029.
  • Ad spending on short-form videos in the Digital Video Advertising market is projected to reach US$192.00m in 2024.
  • The ad spending on short-form videos is anticipated to show an annual growth rate (CAGR 2024-2029) of 9.40%, resulting in a projected market volume of US$300.90m by 2029.
  • Switzerland's high demand for premium video content drives growth in Digital Video Advertising, attracting affluent audiences and enhancing brand engagement.

Key regions: United Kingdom, Australia, Japan, Germany, India

 
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Analyst Opinion

The Digital Video Advertising market in Switzerland has been experiencing significant growth in recent years. Customer preferences in Switzerland have shifted towards digital video advertising due to the increasing popularity of online video consumption. With the rise of smartphones and high-speed internet connections, consumers are spending more time watching videos online. This has created a lucrative opportunity for advertisers to reach their target audience through digital video advertising. Trends in the market show that advertisers in Switzerland are increasingly investing in digital video advertising to capture the attention of consumers. This is driven by the effectiveness of video ads in conveying brand messages and engaging viewers. Advertisers are leveraging the power of storytelling and visual elements to create impactful video ads that resonate with their target audience. Local special circumstances in Switzerland also contribute to the growth of the digital video advertising market. Switzerland has a high level of internet penetration and a tech-savvy population, making it an ideal market for digital advertising. Additionally, the country has a strong economy and a high standard of living, which provides advertisers with a financially stable consumer base. Underlying macroeconomic factors further support the development of the digital video advertising market in Switzerland. The country has a strong GDP per capita and a stable economy, which creates a favorable environment for businesses to invest in advertising. Furthermore, Switzerland has a highly educated workforce and a culture of innovation, which encourages the adoption of new technologies and digital advertising strategies. In conclusion, the Digital Video Advertising market in Switzerland is experiencing significant growth due to customer preferences for online video consumption, increasing investments from advertisers, local special circumstances, and underlying macroeconomic factors. As consumers continue to spend more time watching videos online, advertisers will continue to invest in digital video advertising to capture their attention and drive brand awareness.

Methodology

Data coverage:

Data encompasses enterprises (B2B). Figures are based on digital video advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers video ad formats (web-based, app-based, social media, and connected devices).

Modeling approach:

Market size is determined by a combined top-down and bottom-up approach. We use market data from industry reports and survey results from our primary research (e.g., Consumer Insights) to analyze the markets. Then we benchmark key countries or regions (United States, China, Europe, Asia, and Africa) results with country-specific advertising organizations or associations. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, internet users, and digital consumer spending.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market. For instance, the S-curve function is well suited to forecast digital products due to the non-linear growth of technology adoption, whereas exponential trend smoothing (ETS) is more suited for projecting steady growth in traditional advertising markets.

Additional notes:

Data is modeled using current exchange rates. The impacts of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.

Overview

  • Ad Spending
  • Key Players
  • Analyst Opinion
  • Demographics
  • Global Comparison
  • Methodology
  • Key Market Indicators
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