Revenue of the social media advertising industry in Malaysia 2018-2029
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.