Digital advertising continues strong performance despite economic headwinds
In retail, increased competition is driving strong growth
CPG growth will stall as regulation bites
Financial services benefits from economic concerns
Consumer electronics will get an AI-driven injection of growth
Auto industry ad spending is decelerating under economic pressures
Travel’s digital spending remains on a slow train
Sources
Media Gallery
About This Report
Digital ad spending will continue to increase across all industries we track. Retail will remain the biggest, but financial services will grow fastest thanks to upcoming regulatory changes.
Digital advertising continues strong performance despite economic headwinds
In retail, increased competition is driving strong growth
CPG growth will stall as regulation bites
Financial services benefits from economic concerns
Consumer electronics will get an AI-driven injection of growth
Auto industry ad spending is decelerating under economic pressures
Travel’s digital spending remains on a slow train
Sources
Media Gallery
The UK digital ad industry is healthy, with all industries we track growing their spending through our forecast. But economic and regulatory conditions are spurring growth in sectors like retail and financial services while limiting it slightly in areas such as automotive and travel.
Key Question: How are different industries’ digital advertising investments playing out amid a challenging economy?
Key Stat: Retail is the biggest industry in terms of total digital ad spend and will approach £10 billion ($12.78 billion) by 2027. Competition in the retail sector is so fierce that it will actually make slight gains in revenue share.
Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry