Global Advertising Spend
How much money is spent on digital advertising annually?
Worldwide digital ad spend in the mainstream industries reached $332.84 Billion dollars and increased by 6% from the previous year despite the coronavirus pandemic.
It is estimated to reach $526.17 Billion by 2024. https://www.emarketer.com/content/global-digital-ad-spending-update-q2-2020
The advertising spend for restricted industries is slightly harder to calculate as many industries have never been able to freely advertise their businesses. We have taken a small sample of 9 of the legal restricted industries and paired that with available data to reveal an estimated annual ad spend of $52.24 Billion dollars.
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