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From the selected regions, the ranking by ad spending in the digital advertising market is led by South America with 12.36 billion U.S. dollars and is followed by Mexico (4.53 billion U.S. dollars). In contrast, the ranking is trailed by Central America with 0.82 billion U.S. dollars, recording a difference of 11.54 billion U.S. dollars to South America.

Find other insights concerning similar markets and segments, such as a ranking of subsegments in Vietnam regarding ad spending in the Digital Advertising market as a whole and a ranking by country regarding share of revenue in the programmatic segment of the digital advertising market.

The Statista Market Insights cover a broad range of additional markets.

Digital advertising spending in Latin America and the Caribbean in 2022, by subregion (in billion U.S. dollars)

Characteristic	Spending in billion U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.Definition:
Digital Advertising refers to the practice of promoting products or services through online channels by purchasing ad placements with the aim of driving traffic, increasing brand awareness, and generating leads or sales using data-driven strategies. This form of advertising uses the internet and various technologies to target audiences based on their demographics, online behavior, and personal interests.

Structure:
Digital Advertising uses the internet to deliver marketing messages to internet users in various forms. This includes digital video, search engine, social media, digital banner, digital audio, digital classifieds, connected TV, in-app, and influencer advertising.

Additional information:
The market comprises digital advertising spending, users, average revenue per user, advertising share by industry, advertising share by device, brand shares, and digital ad spending share (programmatic and non-programmatic). The market only displays B2B spending and users for the above-mentioned channels. Figures are based on digital advertising spending and exclude agency commissions, rebates, production costs, and taxes. Additional definitions for each market can be found on the respective pages. For more information on the data displayed, use the info button right next to the boxes.

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