Ad Tech Market Size and Share

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Compare market size and growth of Ad Tech Market with other markets in Technology, Media and Telecom Industry

Ad Tech Market Analysis by Mordor Intelligence

The advertising tech market size was valued at USD 0.898 trillion in 2025 and is predicted to reach USD 1.463 trillion by 2030 after expanding at a 10.25% CAGR from 2025. The acceleration reflects enduring demand for privacy-compliant programmatic tools, sharp growth in connected-television (CTV) budgets, and large-scale monetisation of retail first-party data. Artificial-intelligence optimisation continues to compress media-buying cycles, while 5G roll-outs in Asia-Pacific unlock high-definition mobile video inventory. Growing scrutiny of opaque supply paths is prompting fee rationalisation across demand-side platforms, and the shortage of data-engineering talent gives well-funded technology vendors a structural edge. Persistent regulatory action in Europe is simultaneously restricting cross-device identifiers and nurturing contextual alternatives, giving rise to a more diversified competitive field.

Key Report Takeaways

  • By platform, Ad Exchanges led with 64.28% of advertising tech market share in 2024; Demand-Side Platforms posted the highest CAGR at 12.39% through 2030.
  • By ad format, search advertising held 38.71% revenue share in 2024, while the same category is projected to expand at a 12.20% CAGR to 2030.
  • By device, smartphones accounted for 64.28% of the advertising tech market size in 2024; the “other devices” segment, including smart speakers and wearables, is advancing at a 14.16% CAGR.
  • By end-user industry, services represented 52.12% of 2024 spending, whereas telecommunications is forecast to record the fastest 14.21% CAGR.
  • By geography, North America controlled 40.69% of 2024 revenue, yet Asia-Pacific is set to grow at a 12.42% CAGR through 2030.

Segment Analysis

By Platform: Programmatic tools recalibrate buying economics

Ad Exchanges delivered 64.28% of 2024 spend, anchoring liquidity across open auctions. Demand-Side Platforms, while smaller, are growing at 12.39% annually as buyers prefer automated optimisations that cut operational overheads. The advertising tech market size captured by DSPs is projected to widen materially through 2030 as enterprise advertisers migrate bulk budgets into self-serve workflows. Amazon’s DSP already accounts for almost one-third of the retailer’s ad turnovers, underscoring the synergies of commerce data with programmatic bidding. 

Supply-Side Platforms respond by deepening supply-path optimisation, with PubMatic funnelling more than half of traded impressions through preferential pipes that carry reduced take-rates.[4]PubMatic, “First Quarter 2025 Financial Results,” investors.pubmatic.com Smaller data-management-platform vendors lose relevance when third-party cookies vanish and are either shuttered or absorbed by larger stacks. Microsoft’s planned exit from stand-alone DSP operations illustrates the capital intensity required to keep pace with machine-learning innovation. As competitive barriers climb, platform consolidation is expected, compressing the long-tail provider base inside the advertising tech market.

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Ad Format: Search retains scale while video accelerates

Search captured 38.71% of revenue in 2024 and is still expanding at a 12.20% CAGR, leveraging AI-driven multimodal query interpretation to surface commerce-adjacent results. Video formats, buoyed by CTV and mobile apps, siphon incremental brand dollars away from static display. Social media growth is flattening due to tighter content policies, particularly within sensitive health and financial categories.

In-game and augmented-reality placements are embryonic yet show high engagement, attracting exploratory budgets from consumer-electronics brands. Email remains resilient thanks to authenticated data sets that circumvent identifier restrictions. Google’s Gemini platform is expected to embed native search ads into conversational responses, creating fresh inventory pools without disrupting user intent. The advertising tech market continues to evolve from banner impressions toward experience-centric formats that promise measurable outcomes across immersive environments.

By Device Platform: Smartphones dominate, ambient endpoints emerge

Mobile devices generated 64.28% of spend in 2024 and will retain the top position through 2030 as 5G services deepen video penetration. Desktop impressions trend marginally downward, reflecting workplace mobility and changing content-consumption patterns. Connected-TV devices benefit from rapid cord-cutting in North America and growing subscription uptake in Asia-Pacific, offering lean-back, brand-safe canvases. 

Smart speakers and wearables collectively grow at a 14.16% CAGR, introducing voice and haptic touchpoints that challenge traditional creative workflows. Cross-device measurement is complicated by privacy constraints, prompting the rise of probabilistic modelling within the advertising tech market. Platforms with unified clean-room integrations are therefore best placed to deliver incremental reach without breaching consent frameworks.

Ad Tech Market: Market Share by Device Platform
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By End-user Industry: Diversification widens the demand base

Services industries captured 52.12% of 2024 budgets, driven by banking, insurance, and professional-services firms competing for digitally native customers. Telecommunications operators are the fastest risers at a 14.21% CAGR as spectrum owners emulate hyperscalers by monetising subscriber graphs. Retail and e-commerce brands expand allocations through onsite sponsored products and off-site display retargeting supported by clean rooms.

Healthcare advertising is cautiously rebalancing creative strategies after large platforms introduced granular limitations on health-condition targeting. Automotive manufacturers pivot messaging toward electric-vehicle benefits, while education providers adapt campaigns to rising online-learning demand. The advertising tech market benefits from this broadening vertical mix, which insulates total spend from cyclical shocks in any single sector.

Geography Analysis

North America retained 40.69% of 2024 turnover, supported by mature infrastructure, deep advertiser sophistication, and robust CTV adoption that lifted streaming spend to USD 30.1 billion. Large retail-media networks and advanced identity frameworks reinforce the region’s primacy, even as emerging state privacy statutes add compliance friction. Technology vendors headquartered in the United States account for the majority of intellectual-property filings and attract the bulk of venture funding, further entrenching leadership within the advertising tech market.

Asia-Pacific is the fastest-growing territory at a 12.42% CAGR, propelled by mobile-first consumer behaviour, accelerated 5G coverage, and surging e-commerce activity. GSMA estimates mobile technology contributed USD 880 billion to regional GDP in 2023, with a USD 1 trillion forecast for 2030. China’s super-app ecosystems integrate payments, social, and content, creating blueprints that advertisers in India, Indonesia, and Vietnam are now adopting. Regulatory approaches remain heterogeneous, but most jurisdictions continue to encourage foreign investment in digital media, sustaining long-term momentum for the advertising tech market.

Europe shows moderate growth as comprehensive privacy laws squeeze cross-device targeting but encourage innovation in contextual and cohort-based models. Retail-media spending is projected to reach EUR 25 billion by 2026 on the back of harmonised measurement protocols. South America and the Middle East and Africa represent early-stage adoption curves characterised by improving broadband penetration and rising local content production. Programmatic spend in South America climbed from USD 5.2 billion in 2017 to USD 16.8 billion in 2023, while the MENA region’s digital advertising outlay is on track to quintuple between 2022 and 2025. These trends confirm a broadening global footprint for the advertising tech market.

Ad Tech Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

Despite ongoing consolidation, the advertising tech market remains moderately fragmented. Oracle’s 2024 exit erased a USD 1.7 billion revenue stream and opened white-space for agile independents. Major deals-Outbrain’s USD 1 billion purchase of Teads, Mediaocean’s USD 500 million Innovid buy, and Equativ’s merger with Sharethrough-highlight the strategic value of vertical integration and differentiated data assets. Technology giants such as Google, Meta, and Amazon retain scale advantages through native user bases and control over key operating-system layers.

Independent platforms differentiate on transparency and privacy leadership. The Trade Desk continues to out-invest peers in machine learning, evidenced by its Kokai and Ventura releases, and maintains open-internet partnerships that bypass walled gardens. Supply-side players prioritise supply-path optimisation to defend publisher yields, while omnichannel measurement providers seek interoperability with retail-media networks. Regulatory pressure intensifies competition around consent-management expertise, prompting traditional agencies to partner with specialised tech vendors to fill capability gaps.

The acute shortage of programmatic engineers amplifies barriers to entry. Larger firms offer superior compensation and remote-work flexibility, draining talent from mid-tier agencies and slowing their roadmap delivery. As AI agents take over manual optimisation, vendors that control proprietary algorithms and authenticated data stand to outpace rivals. The ongoing realignment suggests that by 2030 the advertising tech market will feature a handful of scaled full-stack operators complemented by a layer of vertical specialists focused on identity, creative automation, and outcome-based measurement.

Ad Tech Industry Leaders

  1. Google LLC

  2. Amazon.com, Inc.

  3. Meta Platform, Inc.

  4. Quantcast

  5. Adobe

  6. *Disclaimer: Major Players sorted in no particular order
Ad Tech Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • June 2025: Publicis Groupe agreed to acquire Lotame, expanding authenticated identity reach to 4 billion profiles.
  • May 2025: Microsoft Advertising confirmed a shift toward conversational formats and will sunset Microsoft Invest DSP by 2026.
  • April 2025: The Trade Desk launched Kokai, an AI-powered media-buying platform.
  • March 2025: Adobe and Microsoft integrated AI agents within Microsoft 365 Copilot for audience activation.
  • February 2025: Equativ merged with Sharethrough, creating one of the largest independent advertising platforms.
  • January 2025: T-Mobile announced a USD 600 million acquisition of Vistar Media to boost digital-out-of-home reach

Table of Contents for Ad Tech Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 CTV-Led Programmatic Surge in North America
    • 4.2.2 Deprecation of Third-Party Cookies Accelerating First-Party Data Solutions
    • 4.2.3 AI-Driven Dynamic Creative Optimisation Uplifting ROAS
    • 4.2.4 Retail Media Networks Monetising First-Party Shopper Data
    • 4.2.5 GDPR-Style Regulations Fueling Contextual Targeting in Europe
    • 4.2.6 5G Roll-outs Enabling Rich Mobile Video Ads Across Asia
  • 4.3 Market Restraints
    • 4.3.1 Global Privacy Laws Constraining Cross-Device Identity Graphs
    • 4.3.2 Rising Sophistication of Ad-Fraud in Emerging Markets
    • 4.3.3 Supply-Path Complexity Elevating Transparency Costs
    • 4.3.4 Acute Data-Engineering Talent Shortages
  • 4.4 Technological Outlook
    • 4.4.1 Digital Transformation in Advertising Platforms
    • 4.4.2 Location-Based and Contextual Advertising Advances
  • 4.5 Regulatory Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Competitive Rivalry
  • 4.7 Impact of Macroeconomic Headwinds on Digital Ad Spend

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Platform
    • 5.1.1 Demand-Side Platforms (DSP)
    • 5.1.2 Supply-Side Platforms (SSP)
    • 5.1.3 Ad Exchanges
    • 5.1.4 Data Management Platforms (DMP)
    • 5.1.5 Others
  • 5.2 By Ad Format
    • 5.2.1 Search Advertising
    • 5.2.2 Display/Banner
    • 5.2.3 Video Advertising
    • 5.2.4 Social Media
    • 5.2.5 Email
    • 5.2.6 Others
  • 5.3 By Device Platform
    • 5.3.1 Mobile Devices and Smartphones
    • 5.3.2 Desktop and Laptop
    • 5.3.3 Connected TV and OTT Devices
    • 5.3.4 Other Devices (Smart Speakers, Wearables)
  • 5.4 By End-user Industry
    • 5.4.1 Retail and E-commerce
    • 5.4.2 BFSI
    • 5.4.3 Healthcare and Pharmaceuticals
    • 5.4.4 Media and Entertainment
    • 5.4.5 IT and Telecommunications
    • 5.4.6 Services
    • 5.4.7 Automotive
    • 5.4.8 Education
    • 5.4.9 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 South Korea
    • 5.5.4.4 India
    • 5.5.4.5 Australia
    • 5.5.4.6 Rest of Asia-Pacific
    • 5.5.5 Middle East
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 Rest of Middle East
    • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Rest of Africa

6. Competitive Landscape

  • 6.1 Strategic Moves (M&A, Partnerships, Funding)
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials, Strategic Information, Products and Services, Recent Developments)
    • 6.3.1 Alphabet Inc.
    • 6.3.2 Meta Platforms, Inc.
    • 6.3.3 Amazon.com, Inc.
    • 6.3.4 The Trade Desk, Inc.
    • 6.3.5 Microsoft Corporation
    • 6.3.6 Adobe Inc.
    • 6.3.7 Yahoo Inc. (Owned by Apollo Global Management)
    • 6.3.8 Magnite, Inc.
    • 6.3.9 PubMatic, Inc.
    • 6.3.10 Criteo S.A.
    • 6.3.11 Oracle Corporation
    • 6.3.12 Index Exchange Inc.
    • 6.3.13 MediaMath Inc.
    • 6.3.14 InMobi Pte. Ltd.
    • 6.3.15 AppLovin Corporation
    • 6.3.16 Zeta Global Holdings Corp.
    • 6.3.17 Adform A/S
    • 6.3.18 Quantcast Corporation
    • 6.3.19 Rakuten Group, Inc.
    • 6.3.20 IronSource Ltd. (Merged with Unity Software Inc.)
    • 6.3.21 StackAdapt Inc.
    • 6.3.22 Xandr Inc. (Acquired by Microsoft)
    • 6.3.23 Mediaocean LLC
    • 6.3.24 OpenX

7. Market Opportunities and Future Outlook

  • 7.1 White-Space and Unmet-Need Assessment
*List of vendors is dynamic and will be updated based on customized study scope
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Ad Tech Market Report Scope

Advertising technology, or ad tech, is a collection of software and tools advertisers use to reach audiences, analyze their effectiveness, and conduct digital advertising campaigns. Ad tech focuses on developing data-driven marketing strategies tailored to the target audience.

The Ad tech market is segmented by platform (supply-side platform (SSP), demand-side platform (DSP), ad exchange, and data management), by ad format (video advertising, social media, search advertising, email, and other ad formats), by device platforms (desktop, mobile devices and smartphones, and other device platforms), by end-user industry (retail and e-commerce, healthcare, BFSI, services [hospitality, tourism, and legal services], telecommunications, and other end-user industries), and by geography (North America (United States, and Canada), Europe (United Kingdom, Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, New Zealand, and Rest of Asia-Pacific), Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Nigeria, Egypt, and Rest of Middle East and Africa), and Latin America (Brazil, Mexico, Argentina, Colombia, and Rest of Latin America). The report offers market forecasts and size in value (USD) for all the above segments.

By Platform Demand-Side Platforms (DSP)
Supply-Side Platforms (SSP)
Ad Exchanges
Data Management Platforms (DMP)
Others
By Ad Format Search Advertising
Display/Banner
Video Advertising
Social Media
Email
Others
By Device Platform Mobile Devices and Smartphones
Desktop and Laptop
Connected TV and OTT Devices
Other Devices (Smart Speakers, Wearables)
By End-user Industry Retail and E-commerce
BFSI
Healthcare and Pharmaceuticals
Media and Entertainment
IT and Telecommunications
Services
Automotive
Education
Others
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Australia
Rest of Asia-Pacific
Middle East United Arab Emirates
Saudi Arabia
Rest of Middle East
Africa South Africa
Rest of Africa
By Platform
Demand-Side Platforms (DSP)
Supply-Side Platforms (SSP)
Ad Exchanges
Data Management Platforms (DMP)
Others
By Ad Format
Search Advertising
Display/Banner
Video Advertising
Social Media
Email
Others
By Device Platform
Mobile Devices and Smartphones
Desktop and Laptop
Connected TV and OTT Devices
Other Devices (Smart Speakers, Wearables)
By End-user Industry
Retail and E-commerce
BFSI
Healthcare and Pharmaceuticals
Media and Entertainment
IT and Telecommunications
Services
Automotive
Education
Others
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Australia
Rest of Asia-Pacific
Middle East United Arab Emirates
Saudi Arabia
Rest of Middle East
Africa South Africa
Rest of Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the advertising tech market?

The advertising tech market stood at USD 898.7 billion in 2025 and is forecast to pass USD 1.4 trillion by 2030.

Which region is growing the fastest?

Asia-Pacific leads growth with a 12.42% CAGR through 2030, fuelled by 5G adoption and mobile-first consumer behaviour.

Why are Demand-Side Platforms expanding quickly?

DSPs automate media buying, reducing manual workload and improving bidding efficiency, which drives their 12.39% CAGR.

How are privacy regulations affecting ad-tech?

New laws limit cross-device tracking and force platforms to adopt first-party and contextual approaches, trimming short-term growth but spurring innovation.

What role does retail media play in future growth?

Retail media networks monetise authenticated shopper data and are on track to exceed USD 100 billion in global spend by 2027, adding long-term momentum to the sector.

How significant is ad-fraud to overall spend?

Fraud absorbed USD 84 billion in 2023 and threatens to double by 2028, prompting rising demand for verification and brand-safety solutions within the advertising tech market.

Page last updated on: