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Market comparison

US vs Singapore: agency markets compared

Budget is concentrating in social, video and commerce media, so agencies with genuine depth in those channels price accordingly. Most agencies are independent specialists, so buyers usually assemble two or three partners rather than one full-service group.

73 listed profiles in United States · 31 in Singapore

Market size and coverage

Advertising figures come from the named industry body or statistics agency in each market. They are published on different bases and in different currencies, so treat them as scale, not a ratio.

United States

Budgets quoted in USD where sourced.

Internet advertising revenue
Nearly $300bn (2025)

Up 13.9% year over year; social media up 32.6% to $117.7bn and digital video up 25.4% to $74bn.

Source: IAB / PwC Internet Advertising Revenue Report, Full Year 2025

Prior year comparison
$258.6bn (2024)

Up 14.9% on 2023.

Source: IAB, Full Year 2024 results

Listed agencies: 73 across 35 cities

Scored on our methodology: 62

Main cities: New York (10), Chicago (4), Nashville (4), Portland (4), San Diego (4), San Francisco (4)

Deepest specialties: Paid Media (24), Branding (19), Content Marketing (18), Digital Marketing (17), SEO (16)

Singapore

Budgets quoted in SGD where sourced.

Digital advertising spend
S$2.34bn (2023)

59.7% of total advertising spend in Singapore.

Source: Singapore Business Review, reporting Meltwater data

Listed agencies: 31 across 1 city

Scored on our methodology: 10

Main cities: Singapore (31)

Deepest specialties: Web Design (10), Branding (9), SEO (9), Ecommerce Marketing (8), Brand Strategy (7)

Rules that change the work

These differences usually matter more to a cross-border engagement than price does.

United States

  • Federal Trade Commission enforcement of advertising claims and endorsement disclosure
  • State attorneys general on consumer protection and subscription practices
  • State privacy laws led by California's CCPA/CPRA, with a growing patchwork of state statutes
  • CAN-SPAM for commercial email and the TCPA for calls and texts

Singapore

  • Advertising Standards Authority of Singapore under CASE, administering the Singapore Code of Advertising Practice
  • Personal Data Protection Act and its Do Not Call provisions
  • Spam Control Act sender identification and unsubscribe requirements, with IMDA guidance on unsolicited communications

What we have published for each market

United States

Singapore

Choosing between US and Singapore

  • Pick the market where the work is being sold, not where it is cheapest. Local media buying, language and consumer regulation are the hardest things to outsource across a border.
  • For a cross-border engagement, agree the contract currency, who carries exchange-rate risk, where the work is performed and how personal data moves between the two jurisdictions before you sign.
  • Ask both shortlists the same question: show one comparable project, the brief, what changed afterwards, and where those numbers came from.
  • Check who actually runs the account. In both markets, the senior people in the pitch are frequently not the people delivering the work.