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Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
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Key regions: Germany, Europe, Japan, United Kingdom, Australia
The Traditional TV Advertising market in China has been experiencing significant growth and development in recent years.
Customer preferences: Chinese consumers still have a strong preference for traditional television, with a large portion of the population relying on it as their primary source of entertainment and information. This preference for traditional TV has contributed to the continued demand for TV advertising in China. Additionally, advertisers recognize the reach and impact of television advertising in reaching a wide audience, particularly in rural areas where internet and digital media penetration may be lower.
Trends in the market: One of the key trends in the Traditional TV Advertising market in China is the shift towards targeted advertising. Advertisers are increasingly using data analytics and audience segmentation to deliver more personalized and relevant advertisements to viewers. This trend is driven by advancements in technology and the availability of data, allowing advertisers to better understand their target audience and optimize their advertising campaigns. Another trend in the market is the integration of online and offline advertising. With the rise of digital media and the internet, advertisers are leveraging the synergies between traditional TV advertising and online advertising to maximize their reach and impact. This integration allows advertisers to engage with consumers across multiple platforms and channels, creating a more holistic and comprehensive advertising strategy.
Local special circumstances: China has a vast and diverse population, with different regions and provinces having their own unique characteristics and preferences. This diversity presents both opportunities and challenges for advertisers in the Traditional TV Advertising market. Advertisers need to tailor their advertising campaigns to cater to the specific needs and preferences of different regions, taking into account cultural, linguistic, and socio-economic factors.
Underlying macroeconomic factors: China's strong economic growth and rising disposable incomes have contributed to the growth of the Traditional TV Advertising market. As more Chinese consumers have the means to purchase television sets and access to cable or satellite TV services, the audience size for traditional TV advertising continues to expand. Additionally, the government's efforts to promote domestic consumption and stimulate economic growth have also had a positive impact on the advertising industry as a whole. In conclusion, the Traditional TV Advertising market in China is experiencing growth and development due to customer preferences for traditional television, the trend towards targeted advertising, the integration of online and offline advertising, local special circumstances, and underlying macroeconomic factors. Advertisers in China need to adapt to these trends and leverage the unique characteristics of different regions to effectively reach their target audience and maximize the impact of their advertising campaigns.
Data coverage:
Data encompasses enterprises (B2B). Figures are based on traditional TV advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers non-digital formats such as terrestrial TV, cable TV, satellite TV, and linear TV.Modeling approach:
Market size is determined by a combined top-down and bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party reports, and survey results from our primary research (e.g., Consumer Insights Global Survey) to analyze the markets. 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, population, media consumption, number of households with television, and 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.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)