Ad spending is expected to rise by 6% in 2023, with more focus on digital ads.

 







Ad spending is expected to rise by 6% in 2023, with more focus on digital ads. 

The new forecasts come from the Winterberry Group's "The Outlook for Advertising, Marketing and Data 2023" report.


  • The report predicts advertisers will spend $509B in 2023 compared to $481B in 2022. 
  • $307B of the total $509B spending is expected to be concentrated in digital marketing channels, followed by connected TV, receiving the next big chunk of investments, growing at 27%. 
  • Investments in data and data services are also expected to increase by 7% to $34B. 
  • Influencer spending is expected to grow by 17.5%.

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