Ad Spend Report January 2023

Ad Spend Report January 2023

Advertising investment is forecast to grow by 8.0% globally in 2022, according to the latest dentsu Global Ad Spend Forecast report. The twice-yearly report, which combines data from close to 60 markets globally, now anticipates US$713.6 billion will be spent worldwide in this December forecast, which also looks ahead to 2025.

As the world enters a period of economic downturn, rising inflation and interest rates, advertising spending is still growing, but the growth is slowing down.  The trend to digital spend is continuing, from 55.3% in 2022, to 58.2% in 2024, and new categories within digital, notably Retail Media, showing the biggest increases.

 

Taken from: https://www.dentsu.com/reports/ad_spend_january_2023

 

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