Key Market Indicators
Cypriot advertising revenue is projected to surge to approximately €1.6 billion by 2028, up from around €960 million in 2023. This growth represents an average annual increase of 7.9%. Since 2013, the Cypriot advertising market has seen a significant year-on-year growth rate of 33.7%. In the 2023 rankings, Cyprus secured the 22nd position, with Malta slightly ahead at the same revenue mark of €960 million. Leading the rankings, Germany, Spain, and France took the second, third, and fourth spots, respectively.
