The South Africa mobile advertising market size reached USD 1,036.04 Million in 2024. The market is projected to reach USD 2,465.00 Million by 2033, exhibiting a growth rate (CAGR) of 10.11% during 2025-2033. Smartphones serve as a key platform for various activities, including social media interaction, video streaming, online shopping, gaming, and instant messaging, offering advertisers multiple channels to present tailored advertisements. Besides this, the broadening of mobile banking services is contributing to the expansion of the South Africa mobile advertising market share.
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Report Attribute
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Key Statistics
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Base Year
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2024 |
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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| Market Size in 2024 | USD 1,036.04 Million |
| Market Forecast in 2033 | USD 2,465.00 Million |
| Market Growth Rate 2025-2033 | 10.11% |
Increasing penetration of smartphones
Rising dependence on smartphones represents one of the major drivers of the market in South Africa. The statistics from DataReportal indicated that as of early 2024, South Africa had 118.6 Million active smartphones, resulting in a penetration rate of 195.4%. With more people owning smartphones, internet accessibility has become easier and more affordable, which increases the time spent on mobile devices and opportunities for brands to connect with audiences in real time. Smartphones act as a central platform for multiple activities, such as social media engagement, video streaming, online shopping, gaming, and instant messaging, which provide advertisers with diverse avenues to deliver personalized ads. Moreover, the widespread utilization of smartphones among young, tech-savvy individuals who are highly engaged online ensures that mobile ads reach a receptive audience. The portability of smartphones also means users are almost always connected, allowing location-based, targeted, and interactive advertising campaigns that traditional media cannot offer. Additionally, smartphones enable seamless integration of multimedia formats like video, display, and interactive ads, which increase user engagement and brand recall. As more affordable smartphones are entering the market and 4G and 5G networks are expanding, the audience for mobile advertising continues to grow.
Growth in mobile banking services
The expansion of mobile banking services is playing a crucial role in fueling the market growth in South Africa, as it is accelerating the shift towards a cashless, digitally connected user base. In June 2024, Mama Money, a remittances provider in South Africa, revealed the introduction of a new virtual card and banking service via WhatsApp, called Mama Money Card. Offered in collaboration with Access Bank and card provider Paymentology, the Mama Money Card was a mobile banking solution that enabled users to oversee their finances, pay for utilities or mobile data, and perform money transfers through WhatsApp. With mobile banking becoming a daily necessity for millions of people, advertisers are gaining direct access to an active and financially engaged audience that regularly uses mobile apps and platforms. Banks, fintech companies, and payment service providers often partner with advertisers to offer in-app promotions, discounts, and personalized ads, creating opportunities for targeted marketing within trusted digital ecosystems. The growing comfort with mobile transactions is also boosting user confidence in engaging with online ads that link to e-commerce or digital payments, thereby enhancing conversion rates for advertisers. Additionally, mobile banking services generate valuable customer insights and behavioral data, which help brands design highly personalized and effective ad campaigns. The expansion of mobile wallets and instant payment services is further bolstering the South Africa mobile advertising market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on segment.
Segment Insights:
The report has provided a detailed breakup and analysis of the market based on the segment. This includes search, display, video, social media, websites, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Gauteng, KwaZulu-Natal, Western Cape, Mpumalanga, Eastern Cape, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2024 |
| Historical Period | 2019-2024 |
| Forecast Period | 2025-2033 |
| Units | Million USD |
| Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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| Segments Covered | Search, Display, Video, Social Media, Websites, Others |
| Regions Covered | Gauteng, KwaZulu-Natal, Western Cape, Mpumalanga, Eastern Cape, Others |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: