Forecast 2023: Ad Spending Will Slow Down Next Year But Will

Dec 8, 2022  · Globally, in 2023 Magna projects ad spending revenue for media owners to total $833 billion, a year-over-year increase of 5% from $795 billion. The revised forecast is 1.5% …


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Forecast 2023: Ad Spending Will Slow Down Next Year But Will

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Dec 8, 2022  · Globally, in 2023 Magna projects ad spending revenue for media owners to total $833 billion, a year-over-year increase of 5% from $795 billion. The revised forecast is 1.5% …

forbes.com

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Advertising Expenditure Forecasts - Zenith

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The Other category constitutes 14% of total ad spend in 2023 and will fall slightly to 12.8% in 2025. Out-of-Home and Audio should continue to grow but publishing declines will drag down …

zenithmedia.com

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Ad Budgets Set To Slow Even More In 2023 - Forbes

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Jan 27, 2023  · The Dentsu ad spending report forecasts that global advertising spending in 2023 to increase by 3.8% YoY to $740.9 billion. It is lower than the 8% expected growth for 2022 …

forbes.com

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Global Ad Spend To Rise 8.3% This Year But Slow In 2023

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The technology & electronics sector – the third largest of the 18 monitored by WARC – is forecast to lead growth this year and next (+25.0% in 2022 and +11.5% in 2023), culminating in a total …

newdigitalage.co

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Forecast: Ad Spending Will Continue To Rise In 2023 But At Slower …

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Dec 15, 2022  · The latest dentsu Global Ad Spend Forecast says ad spending grew 8.0% in 2022 or by $53.0 billion. That’s down marginally from the agency’s 8.7% growth forecast in July. The …

insideradio.com

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Ad Growth Expected To Slow Further In 2023 - Axios

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Dec 6, 2022  · Details: Growth in global ad spend is expected to slow to about 5.9% next year, according to media buying firm GroupM, down from 6.4% estimated in June. Magna, a unit of …

axios.com

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Magna Trims 2023 Ad Spending Forecast As US Economy Weakens

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Sep 30, 2022  · As a result, the firm predicted non-cyclical ad spending growth will slow to 8.1%, down from the 9.5% forecast. Growth forecasts for US net advertising revenue. (Magna)

thewrap.com

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Global Ad Market To Slow In 2024, U.S. Political Spending To Surge

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Dec 4, 2023  · Global advertising spending will end 2023 with a 5.8 percent gain to $889 billion, before slowing to a 5.3 percent lift to $951.8 billion next year, excluding political ad spending, …

hollywoodreporter.com

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MAGNA US AD FORECAST – FALL 2023 UPDATE: DIGITAL …

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Sep 18, 2023  · 2023 full-year ad forecast raised to +5.2% With the economic outlook improving and yoy comps becoming even easier, MAGNA maintains its growth forecast for the second …

magnaglobal.com

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Ad Budgets Set To Slow Even More In 2023 - Seeking Alpha

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2023 will not be the year of recovery for ad budgets. As of now, growth is expected to be lower than 2022. Digital ad spending is expected to grow 7.2% YoY to $422.8 billion.

seekingalpha.com

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Global Advertising Forecast To Speed Up After A Slower Start In 2023

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GroupM expects ad spending to grow 5.9% this year to $874.5 billion, excluding U.S. political advertising ... is expected to grow 38.7% in 2023, according to a new forecast. ... Though …

wsj.com

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Magna Global: U.S. Advertising Marketplace Is Expected To Slow …

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Oct 4, 2022  · With some economic headwinds, Magna Global's forecasts ad spending growth to slowdown for the rest of 2022 and 2023. Nonetheless, this year U.S. ad spend will top $300 …

forbes.com

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Forecast: Global Ad Spend To Slow To 2.6% In 2023, Linear TV, …

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Aug 24, 2022  · Following an 8.3% or $67.3-billion rise this year, to $880.9 billion, global advertising spending will rise by just 2.6% in 2023, according to the 2022/2023 Ad Spend …

mediapost.com

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Ad Spending Growth To Accelerate In 2024 - Forbes

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Dec 27, 2023  · Search ad spending is projected to decelerate in 2024, dropping from an expected 12.5% in 2023 to a projected 9.5% next year as advertisers shift dollars to other mediums, …

forbes.com

FAQs about Forecast 2023: Ad Spending Will Slow Down Next Year But Will Coupon?

Why is digital ad spending forecast to slow down in 2023?

Digital ad spending is expected to grow 7.2% YoY to $422.8 billion. It is down from 13.7% expected growth in 2022. The overall advertising market is expected to slow down in 2023. Some of the crucial reasons are rising interest rates, inflation, and slowing global growth. Looking for more investing ideas like this one? ...

Will global ad spend grow in 2023?

Details: Growth in global ad spend is expected to slow to about 5.9% next year, according to media buying firm GroupM, down from 6.4% estimated in June. Magna, a unit of Interpublic Group's Mediabrands, also reduced its forecast slightly. It predicted global ad revenue will grow 4.8% in 2023, down from 6.3% it had reported in June. ...

How much ad spending will end in 2023?

Global advertising spending will end 2023 with a 5.8 percent gain to $889 billion, before slowing to a 5.3 percent lift to $951.8 billion next year, excluding political ad spending, according to an ad media giant GroupM forecast Monday. Political ad spending is expected to reach $15.9 billion in 2024, which is forecast as a possible new record. ...

Will ad spend slow down again in 2024?

The previous forecast from Dentsu revealed that following a period of record spend, the ad sector would see a slowdown this year and in 2024 it’s expected to accelerate again to reach $762.5 billion, partially due to the Olympics and Paralympics in Paris, the UEFA European Championship and the U.S. presidential election. ...

Will search ad spend decelerate in 2024?

Search ad spending is projected to decelerate in 2024, dropping from an expected 12.5% in 2023 to a projected 9.5% next year as advertisers shift dollars to other mediums, primarily social media and CTV. Even with this deceleration, search ad spend is still projected to outpace global ad spend’s growth. ...

Will the advertising market slow down in 2023?

The advertising market is expected to slow down in 2023 due to several reasons, including rising interest rates, inflation, and slowing global growth. However, the digital ad market is expected to fare better than the broader advertising market. ...

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