Global Ad Spend Forecasts

May 2023

Download the Report

Global Ad Spend Forecasts

May 2023

Download the Report

A new media landscape is emerging, one that balances efficiency and innovation.

Read our deep dive in partnership with Raconteur. If speculation is to be believed, the future of advertising will be a better one. Campaigns will be greener, cleaner and more equitable. Personalisation will prove a boon for audiences and brands alike - and agencies will embrace, with open arms, a spate of oncoming innovations.

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Dentsu Global Ad Spend Forecasts allows you to discover the latest trends and forecasts shaping the media landscape as global advertising spend is projected to surge by $23.0 billion, reaching an impressive $727.9 billion. Dive into the digital realm where growth is set to soar by 7.8% ($30.6 billion) year over year, revolutionizing the way brands connect with audiences.

Amidst economic headwinds, find out how our industry is rising to the climate emergency challenge by investing in effective carbon management solutions. Explore the strategies being adopted to reduce carbon impact and create a more sustainable future for media.

The $727.9 Billion Opportunity

Global advertising spend is forecast to increase by $23 billion in 2023 to reach $727.9 billion.

A Slowing of Pace

Facing continued economic headwinds and fewer media events, the pace of growth is expected to slow from 7.9% in 2022 to 3.3% in 2023.

AI Makes Search Soar Ahead

Search investment remains strong at $150 billion and 8.9% growth in 2023. Search behavior is expanding from traditional search engines to social media and commerce platforms with innovation in search powered by AI.

Growth From The East

Asia-Pacific is projected to grow the fastest in 2023 by 4.6%, the Americas by 2.9% and EMEA by 1.9%.

View Market Outlook

Global Ad Spend Forecasts

Peter Huijboom

CEO, Media International Markets, dentsu

Welcome to our midyear update to the dentsu Global Ad Spend Forecasts. We share the most significant trends from the data collected by our investment analysts across 58 markets – and the key implications for media decision makers.

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Digital is projected to settle into almost consistent incremental growth for three years, to account for around $3 in every $5 spent in advertising worldwide.

An Evolving Landscape

Marketers must stay vigilant and keep a close eye on the evolving media landscape to maximize their advertising investments. Discover the five key areas that require attention today.

Read Spaces to Watch

Growth, But Slower

Facing continued economic headwinds and fewer media events, the pace of growth is expected to slow from 7.9% in 2022 to 3.3% in 2023.

Read Media Outlook

TV ad spend is projected to decline by 3.1% in 2023 to reach $170.2 billion, before growing again by 4.0% in 2024.

Global Ad Spend Forecasts Report: May 2023

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Download the full Global Ad Spend Forecasts report to make your most informed decisions in the road ahead.

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Global Ad Spend Forecasts

May 2023

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