The news: US digital video ad spend will increase 14% YoY in 2025, reaching $72.4 billion compared with $63.8 billion spent in 2024, per the IAB 2025 Digital Video Ad Spend & Strategy Report. Digital video encompasses connected TV (CTV), online video, and social video.
Other key findings:
- Digital video advertising is projected to capture nearly three-fifths (58%) of all TV and video ad budgets in 2025, twice what it was in 2020. In 2024, digital video viewership surpassed linear television.
- CTV advertising will grow 13% in 2025, reaching $26.6 billion and becoming 43% larger than the online video segment ($18.6 billion).