Southeast Asia Advertising Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Media Advertising in Southeast Asia Market is Segmented by Advertising Spent by Medium (Television, Newspaper, Magazine, Radio), DOOH Segmentation by Application (Billboard, Transit, Street Furniture, Malls), and Country. The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Southeast Asia Advertising Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Southeast Asia Advertising Market Size

South East Asia Advertising Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 28.35 Billion
Market Size (2030) USD 57.77 Billion
CAGR (2025 - 2030) 15.30 %
Market Concentration Low

Major Players

South East Asia Advertising Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South East Asia Advertising Market with other markets in Technology, Media and Telecom Industry

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Southeast Asia Advertising Market Analysis

The South East Asia Advertising Market size is estimated at USD 28.35 billion in 2025, and is expected to reach USD 57.77 billion by 2030, at a CAGR of 15.3% during the forecast period (2025-2030).

With the increasing complexity of online advertising and the premium pricing charged for ad blockers, marketing and advertising companies are looking for alternative solutions that may enable them to display their advertisements or messages. This presents the DOOH market with a lucrative opportunity, which may boost its adoption over the forecast period.

  • Southeast Asia represents some of the most significant growth regions for advertising. Out-of-home advertising (OOH) has weathered the digital revolution better than other legacy media formats. Therefore, it is one of the few traditional media segments to increase advertising revenue consistently.
  • The Southeast Asian region is also faring well in terms of Digital Out of Home (DOOH) advertising. For instance, the Philippines is expected to see some of the highest digital growth over the next five years, stimulated by the attention of global ad-tech firms, such as Rubicon Project and Dataxu, both of which have made deals with DOOH provider, Aircast, to provide programmatic trading of inventory.
  • Programmatic digital OOH is in the infancy stage in Southeast Asia. Vendors are still trying to figure out the complexity of making their inventory available programmatically. Domestic market regulations are a major factor in the penetration of DOOH in Southeast Asia.
  • For instance, Singapore has very strict regulations for the OOH market in content and location. There is very limited availability of billboards, so advertisers must ensure their content complies with the shared values of Singapore's society and are not denigrating competitors. In Malaysia, all OOH creative content must be submitted for pre-approval to authorities to ensure they comply with guidelines.

Southeast Asia Advertising Industry Overview

The Southeast Asian advertising market is competitive/fragmented and has many global and regional players. These players account for a considerable market share and focus on expanding their client base worldwide. These players focus on R&D activities, strategic alliances, and other organic and inorganic growth strategies to stay in the market landscape over the forecast period.

  • October 2022: Aqilliz, a blockchain solutions provider, announced partnering with Moving Walls to facilitate a blockchain-powered Dooh advertising pilot for global mobile food delivery giant Foodpanda. Designed to provide greater transparency to the DOOH market, which is expected to be valued at USD 32.1 billion by 2025, the pilot will offer an independent, real-time view of campaign performance, enabling brands to track whether their purchased impressions and advertising spots were played.
  • August 2022: Asiaray Media Group Limited announced a partnership with Hivestack to launch flexible, data-driven advertising technology solutions to host innovative brand campaigns for advertisers and seek to make the cities in which it operates more pleasant by delivering exceptional experiences for audiences.

Southeast Asia Advertising Market Leaders

  1. JCDecaux Singapore Pte Ltd​

  2. Clear Channel Singapore Pte Ltd​

  3. OOH Media (Mediacorp Pte Ltd)​

  4. XCO Media (SMRT Experience Pte Ltd)

  5. Moove Media Pte Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Southeast Asia Advertising Market Conc.jpg
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Southeast Asia Advertising Market News

  • February 2023: Foodpanda Singapore announced a strategic partnership with Clear Channel Singapore to launch a real-time, user-generated, out-of-home execution across Clear Channel Singapore's digital screens, Play+Display, as part of its 360-media campaign.
  • August 2022: Vistar Media announced the launch of complete programmatic capabilities in Indonesia, Malaysia, the Philippines, and Hong Kong, expanding its already established Asia-Pacific presence, which includes Singapore, Australia, and New Zealand. The Vistar Demand-Side Platform (DSP) is the primary source of programmatic demand transactions for digital out-of-home. Advertisers and agencies in Southeast Asia can now use the Vistar DSP to design, purchase, and evaluate data-driven out-of-home (ooH) campaigns through open exchange and private marketplace partnerships.

Southeast Asia Advertising Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Buyers
    • 4.2.2 Bargaining Power of Suppliers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Ecosystem Analysis
  • 4.4 Key Global Cues Expected to Find a Way into the SEA Advertising Market
  • 4.5 Impact of COVID-19 on the Advertising and DOOH Market
    • 4.5.1 Impact on the Advertising Spend
    • 4.5.2 Switching from Traditional Medium to Digital Medium Due to Higher Engagement on Major Channels
    • 4.5.3 Regional and Country-specific Factors Expected to Influence the Growth Trajectory

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increase in Public Transit Infrastructure
    • 5.1.2 Increasing Adoption of Digital Screens
  • 5.2 Market Challenges
    • 5.2.1 High Installation and Maintenance Costs

6. SEA ADVERTISING MARKET LANDSCAPE

  • 6.1 Malaysia
    • 6.1.1 Malaysia Advertising Spend (2018-2028)
    • 6.1.2 Advertising Spend - Breakdown by Medium
    • 6.1.2.1 Television
    • 6.1.2.2 Newspaper
    • 6.1.2.3 Magazine
    • 6.1.2.4 Radio
    • 6.1.2.5 Other Advertising Spends (Cinema, etc.)
    • 6.1.3 Malaysia OOH Market Estimates in USD billion, 2019-2029
    • 6.1.4 Malaysia DOOH Market Estimates in USD billion, 2019-2029
    • 6.1.5 Malaysia DOOH Segmentation by Application
    • 6.1.5.1 Billboard
    • 6.1.5.2 Transit
    • 6.1.5.3 Street Furniture
    • 6.1.5.4 Malls
    • 6.1.5.5 Other Applications
  • 6.2 Indonesia
    • 6.2.1 Indonesia Advertising Spend (2019-2029)
    • 6.2.2 Advertising Spend - Breakdown by Medium
    • 6.2.2.1 Television
    • 6.2.2.2 Newspaper
    • 6.2.2.3 Magazine
    • 6.2.2.4 Radio
    • 6.2.2.5 Other Advertising Spends (Cinema, etc.)
    • 6.2.3 Indonesia OOH Market Estimates in USD billion, 2019-2029
    • 6.2.4 Indonesia DOOH Market Estimates in USD billion, 2019-2029
    • 6.2.5 Indonesia DOOH Segmentation by Application
    • 6.2.5.1 Billboard
    • 6.2.5.2 Transit
    • 6.2.5.3 Street Furniture
    • 6.2.5.4 Malls
    • 6.2.5.5 Other Applications
  • 6.3 Thailand
    • 6.3.1 Thailand Advertising Spend (2019-2029)
    • 6.3.2 Advertising Spend - Breakdown by Medium
    • 6.3.2.1 Television
    • 6.3.2.2 Newspaper
    • 6.3.2.3 Magazine
    • 6.3.2.4 Radio
    • 6.3.2.5 Other Advertising Spends (Cinema, etc.)
    • 6.3.3 Thailand OOH Market Estimates in USD billion, 2019-2029
    • 6.3.4 Thailand DOOH Market Estimates in USD billion, 2019-2029
    • 6.3.5 Thailand DOOH Segmentation by Application
    • 6.3.5.1 Billboard
    • 6.3.5.2 Transit
    • 6.3.5.3 Street Furniture
    • 6.3.5.4 Malls
    • 6.3.5.5 Other Applications
  • 6.4 Vietnam
    • 6.4.1 Vietnam Advertising Spend (2019-2029)
    • 6.4.2 Advertising Spend - Breakdown by Medium
    • 6.4.2.1 Television
    • 6.4.2.2 Newspaper
    • 6.4.2.3 Magazine
    • 6.4.2.4 Radio
    • 6.4.2.5 Other Advertising Spends (Cinema, etc.)
    • 6.4.3 Vietnam OOH Market Estimates in USD billion, 2019-2029
    • 6.4.4 Vietnam DOOH Market Estimates in USD billion, 2019-2029
    • 6.4.5 Vietnam DOOH Segmentation by Application
    • 6.4.5.1 Billboard
    • 6.4.5.2 Transit
    • 6.4.5.3 Street Furniture
    • 6.4.5.4 Malls
    • 6.4.5.5 Other Applications
  • 6.5 Philippines
    • 6.5.1 Philippines Advertising Spend (2019-2029)
    • 6.5.2 Advertising Spend - Breakdown by Medium
    • 6.5.2.1 Television
    • 6.5.2.2 Newspaper
    • 6.5.2.3 Magazine
    • 6.5.2.4 Radio
    • 6.5.2.5 Other Advertising Spends (Cinema, etc.)
    • 6.5.3 Philippines OOH Market Estimates in USD billion, 2019-2029
    • 6.5.4 Philippines DOOH Market Estimates in USD billion, 2019-2029
    • 6.5.5 Philippines DOOH Segmentation by Application
    • 6.5.5.1 Billboard
    • 6.5.5.2 Transit
    • 6.5.5.3 Street Furniture
    • 6.5.5.4 Malls
    • 6.5.5.5 Other Applications

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 JCDecaux Singapore Pte Ltd
    • 7.1.2 Clear Channel Singapore Pte Ltd
    • 7.1.3 OOH Media (Mediacorp. Pte Ltd)
    • 7.1.4 XCO Media (SMRT Experience Pte Ltd)
    • 7.1.5 Moove Media Pte Ltd
    • 7.1.6 SPHMBO (Singapore Press Holding Ltd)
    • 7.1.7 Cornerstone Financial Holding Ltd
    • 7.1.8 Golden Village
    • 7.1.9 Mediatech Services Pte Ltd
    • 7.1.10 ActMedia Singapore Pte Ltd
    • 7.1.11 Spectrum Outdoor Sdn Bhd
    • 7.1.12 TAC Media Sdn Bhd
    • 7.1.13 Moving Walls

8. INVESTMENT ANALYSIS

9. FUTURE TRENDS

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Southeast Asia Advertising Industry Segmentation

The study focuses on the current market dynamics in the Southeast Asian advertising industry. The key metrics captured in the study include advertising spending, the share of advertising spending per medium, the OOH market and DOOH market dynamics, and forecasts. The impact of COVID-19 on the DOOH industry is also analyzed in the market estimation and future projections. The disrupting factors impacting the market's growth in the near future have also been covered in the study.

The Southeast Asian advertising market is segmented by advertising spend by medium (television, newspaper, magazine, radio), DOOH segmentation by application (billboard, transit, street furniture, malls), and country. The report offers market forecasts and size in value (USD) for all the above segments.

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Southeast Asia Advertising Market Research FAQs

How big is the South East Asia Advertising Market?

The South East Asia Advertising Market size is expected to reach USD 28.35 billion in 2025 and grow at a CAGR of 15.30% to reach USD 57.77 billion by 2030.

What is the current South East Asia Advertising Market size?

In 2025, the South East Asia Advertising Market size is expected to reach USD 28.35 billion.

Who are the key players in South East Asia Advertising Market?

JCDecaux Singapore Pte Ltd​, Clear Channel Singapore Pte Ltd​, OOH Media (Mediacorp Pte Ltd)​, XCO Media (SMRT Experience Pte Ltd) and Moove Media Pte Ltd are the major companies operating in the South East Asia Advertising Market.

What years does this South East Asia Advertising Market cover, and what was the market size in 2024?

In 2024, the South East Asia Advertising Market size was estimated at USD 24.01 billion. The report covers the South East Asia Advertising Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South East Asia Advertising Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Southeast Asia Advertising Industry Report

The Southeast Asia advertising market is experiencing robust transformation and growth, fueled by rapid digitalization, increasing consumer affluence, and the widespread use of social media and mobile technology. As the market evolves, there is a noticeable shift towards innovative and targeted advertising strategies like programmatic advertising and influencer marketing. These methods utilize data analytics and digital platforms to effectively engage a diverse and tech-savvy audience across the region. The importance of local nuances and cultural diversity necessitates tailored advertising campaigns to resonate with various demographics and consumer preferences. Additionally, the surge in e-commerce and digital platforms heralds new advertising opportunities, especially in digital out-of-home (DOOH) advertising, which is seeing significant growth. The market dynamics are also influenced by increasing urbanization and the expansion of the middle class, enhancing consumer spending and emphasizing the importance of digital and mobile advertising for brands aiming to leverage these trends. For a deeper understanding of the Southeast Asia advertising market, including market share, size, revenue growth rate, and a forecast outlook, access a free report PDF download from Mordor Intelligence™ Industry Reports.

Southeast Asia Advertising Market Report Snapshots