Executive Summary

The 10 industries we track will produce digital ad spending growth at rates more closely bunched together than during either of the past two years. Many differences remain, however, in terms of spending scale and preferences between mobile, search, and display.

3 KEY QUESTIONS THIS REPORT WILL ANSWER

1. Which industries will spend the most on digital advertising this year, and which the least?
2. Which industries will grow their digital ad spending the fastest, and which will grow spending only marginally?
3. How will industries divide up their digital ad budgets between mobile and nonmobile and between search and display?

WHAT’S IN THIS REPORT? Our latest forecasts for US digital ad spending across 10 industries: automotive, computing products and consumer electronics, CPG, entertainment, financial services, healthcare and pharma, media, retail, telecom, and travel.

KEY STAT: Only one industry—retail—will exceed 23% growth in digital ad spending this year, after each grew by more than that in 2021. However, most industries will still grow spending faster than they did in 2020.