Author Topic: Online Advertising to Reach $500 Billion in 2025  (Read 15097 times)

wiredlife

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Online Advertising to Reach $500 Billion in 2025
« on: September 18, 2021, 07:35:59 PM »
Global spending on Digital Advertising outpaced TV ad spending for the first time in 2017. Considering how great a role television used to play for generations of media consumers, this is quite a revolutionary development. And it shows how important Digital Advertising has
become.

The Big Demand for Ads - Search Advertising, Social Media Advertising, and Online Classifieds are categorized with in-page ads as Banner Ads, and in-stream ads – be it videos or text overlays – are part of Video Advertising.

Google the Global Leader commands a major share of the 45% Online Advertising Market in Search Advertising with a volume of US$159 billion in 2020. The global Social Media Advertising market size is about US$99 billion in 2020.

Although we can observe an advancement in the field of targeting solutions, Banner and Video Advertising still face the challenge of
reaching the right audiences. They have a much more random advertising environment than social networks and search engines.  With a volume of US$53 billion, Banner Advertising has a share of only 15% of the total Digital Advertising market. Video
Advertising
has an even smaller share of 8%, corresponding to a market volume of US$27 billion.

Online Classifieds make the smallest contribution to overall market revenues with US$19 billion in 2020.

Together, in 2025 it is estimated that the following verticals will have a share of USD 500 Billion as under,
Search Advertising - 203 B
Social Media Advertising - 135 B
Banner Advertising - 73 B
Video Advertising - 50 B
Classifieds - 25 B