Global advertising spend surges 11.9% to $1.34trn this year despite consumer caution
Social media ad spend is forecast to rise 21.3% to $394.6bn, with VOD, retail media, search and digital OOH also set for double-digit growth. Tech, travel and automotive will lead sector gains. Global ad spend is forecast to reach $1.46trn in 2027 as growth slows to 8.4%.