LONDON, Dec 8 (Reuters) - Global ad revenue will grow by 8.8% to $1.14 trillion in 2025, according to forecasts by WPP Media, a stronger outcome than the 6% it predicted in June when tariff wars were raging. The media buying agency, part of WPP, also said global ad revenue, excluding U.S. political advertising, was forecast to rise 7.1% to $1.22 trillion in 2026. Some of the other key findings in its "This Year Next Year" global media trends report published on Monday include:
TV advertising will reach $167.5 billion in 2025 and $171.1 billion in 2026, but TV's share of global ad revenue will decline from 15.8% in 2024 to 14.6% in 2025 and to 13.9% in 2026
Social media ad revenue will grow by 12.8% in 2025 to $413 billion, but the rate of growth will slow to 7.8% in 2026 due to age bans and a rise in AI chatbot use
Commerce media channels, such as financial networks and travel services like Booking.com, will account for 15.6% of global ad revenue in 2025, surpassing total TV ad revenue for the first time
Search ad revenue will increase 10.2% to $244.9 billion in 2025, representing 21.4% of total ad revenue. Growth will be at a similar level in 2026 before slowing through 2030
(Reporting by Paul Sandle, Editing by Louise Heavens)
((paul.sandle@thomsonreuters.com; +44 7971 028682))
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