Advertising Services Market Size and Share
Advertising Services Market Analysis by Mordor Intelligence
The advertising services market size is valued at USD 1.06 trillion in 2025 and is projected to reach USD 1.63 trillion by 2030, advancing at a 16.23% CAGR. Rapid migration from broadcast media toward data-driven, programmatic ecosystems, combined with widespread mobile-first consumption, underpins this expansion. Programmatic video’s march into connected television, social-commerce integration that fuses discovery with purchasing, and first-party data activation within privacy-compliant frameworks are accelerating brand engagement opportunities. Competitive pressure grows as performance-focused digital specialists demonstrate outcome-based value while full-service agencies scale artificial-intelligence toolkits to preserve relevance. Regions with advanced adtech infrastructure such as North America, and mobile-centric economies across Asia-Pacific, benefit disproportionately from these shifts.
Key Report Takeaways
- By advertising channel, search captured 41.82% of 2024 spending IN the advertising services market, while influencer marketing is set to lead growth at a 17.44% CAGR to 2030.
- By platform, digital channels led with 63.62% of the advertising services market share in 2024; the same segment is forecast to expand at a 17.67% CAGR through 2030.
- By end-user industry, retail commanded 20.82% of 2024 expenditure IN the advertising services market; ecommerce brands exhibit the fastest trajectory at a 16.99% CAGR through 2030.
- By agency type, full-service networks held 37.93% revenue share in 2024 IN the advertising services market, but digital-only performance agencies are pacing at a 17.34% CAGR.
- By geography, the Asia-Pacific segment is projected to grow at a 17.36% CAGR between 2025-2030, whereas North America retained 38.62% of the advertising services market size in 2024.
Global Advertising Services Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rise of mobile-first programmatic video advertising | +3.2% | Global, with APAC and North America leading adoption | Medium term (2-4 years) |
| Expanding social-commerce and influencer ecosystems | +2.8% | Global, strongest in APAC and South America | Short term (≤ 2 years) |
| Accelerating shift of SMB budgets to self-serve digital platforms | +2.1% | North America and EU, expanding to emerging markets | Medium term (2-4 years) |
| Retail-media networks monetising first-party shopper data | +1.9% | Global, concentrated in developed markets | Long term (≥ 4 years) |
| Cookieless identity solutions boosting first-party data activation | +1.7% | EU and North America, spreading globally | Long term (≥ 4 years) |
| Generative-AI creative optimisation cutting campaign cycle times | +1.5% | Global, early adoption in tech-forward markets | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rise of Mobile-First Programmatic Video Advertising
Streaming platforms captured 67% of video ad budgets in 2024, with programmatic deals accounting for 85% of connected-TV transactions.[1]Financial Times, “Connected TV Programmatic Advertising Reaches New Heights,” ft.com Real-time audience targeting across devices fuses television-grade storytelling with digital precision, elevating revenue potential. Closed-loop attribution tools link exposure to conversions, justifying premium pricing. Artificial-intelligence bid optimization trims operational overhead and lifts return on ad spend. This driver amplifies cross-screen coherence, allowing brands to replicate big-screen impact within mobile contexts that dominate daily media use. Stakeholders capable of harmonizing inventory quality, identity resolution, and privacy compliance stand to capture incremental wallet share as budgets migrate from linear TV to streaming ecosystems.
Expanding Social-Commerce and Influencer Ecosystems
Instagram Shopping and TikTok Shop generated a signficiant gross merchandise value in 2024, a massive year-on-year surge. Creator partnerships now absorb 23% of digital budgets, reflecting superior engagement versus static display. Micro-influencers yield 3.7 times higher engagement than celebrity endorsements, improving cost efficiency and authenticity. Native checkout functions collapse the path from inspiration to purchase, fostering impulse conversion. Social-commerce traction is strongest in mobile-centric Asian and South American markets, yet global adoption accelerates as platforms roll out end-to-end commerce toolkits. Brands refining influencer selection through data-driven audience fit analysis unlock higher lifetime value per impression.
Accelerating Shift of SMB Budgets to Self-Serve Digital Platforms
Google Ads and Meta Business processed USD 127 billion in SMB spend during 2024, marking 28% annual growth. Self-service dashboards equipped with machine-learning optimization democratize sophisticated targeting once limited to large advertisers. Local merchants track conversions in real time and reallocate funds with agility, fueling platform stickiness. Economic uncertainty heightens performance scrutiny, pushing smaller businesses toward channels offering transparent ROI metrics. The trend widens geographic reach as localized language interfaces and simplified creative tools reduce onboarding friction. Agencies pivot by offering advisory layers atop platform automation or risk disintermediation.
Retail-Media Networks Monetizing First-Party Shopper Data
Amazon Advertising generated USD 47 billion revenue in 2024, while Walmart Connect and Target Roundel expanded advertiser bases by 89% and 156% respectively.[2]Wall Street Journal, “Retail Media Networks Expand Advertiser Base Significantly,” wsj.com Retailers transform purchase data into high-value audience segments grounded in transaction signals. Advertisers obtain closed-loop attribution linking impressions to sales, sharpening budget efficiency. Success invites grocers, pharmacies, and home-improvement chains to launch analogous offerings, swelling available retail-media inventory. Networks invest in self-service portals and API integrations that embed commerce media into upstream planning workflows. Brands responsive to shelf-level insights can tailor messaging to shopper missions, raising basket sizes and loyalty metrics.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Escalating digital ad-fraud and invalid traffic | -1.8% | Global, with higher impact in programmatic-heavy markets | Short term (≤ 2 years) |
| Widespread consumer ad-blocking and fatigue | -1.3% | North America and EU primarily, spreading globally | Medium term (2-4 years) |
| Stricter global privacy regulations (GDPR, CPRA, PIPL) | -1.2% | EU and North America core, expanding to APAC | Long term (≥ 4 years) |
| Data-analytics talent shortage within full-service agencies | -0.9% | Global, most acute in North America and EU | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Escalating Digital Ad-Fraud and Invalid Traffic
Fraud drained USD 84 billion from budgets in 2024, with programmatic connected-TV environments showing invalid-traffic rates up to 15%.[3]Financial Times, “Digital Ad Fraud Costs Industry Billions Annually,” ft.com Sophisticated bots mimic human browsing, outpacing legacy detection. High CPMs in CTV magnify financial exposure, prompting urgent demand for blockchain verification and advanced device-graph analytics. Industry coalitions such as Trustworthy Accountability Group advance standards, yet uneven global adoption limits effectiveness. Advertisers finance additional verification layers, inflating overhead. Platforms that prove low-fraud inventory and transparent reporting reinforce buyer confidence and secure premium pricing.
Widespread Consumer Ad-Blocking and Fatigue
Browser-based blockers reached 37% penetration in developed markets during 2024, while mobile adoption hit 22%. Latency, privacy concerns, and intrusive formats drive resistance, especially among younger cohorts. Consent pop-ups mandated by GDPR and CPRA amplify friction, further trimming reachable audiences. Brands pivot toward native formats and value-exchange models offering content or discounts in return for attention. Publishers experiment with subscription bundles and lighter ad loads to preserve user experience. Sustained fatigue pressures CPMs on standard display while rewarding publishers that harmonize relevancy with unobtrusive delivery.
Segment Analysis
By Platform: Digital Dominance Accelerates Traditional Decline
Online channels captured 63.62% of 2024 revenue, and their share of the advertising services market size is projected to widen on a 17.67% CAGR through 2030. Programmatic buying, powered by real-time bidding algorithms and first-party data pools, supports unmatched targeting precision. Connected-TV popularity integrates television-grade storytelling with programmatic efficiencies, driving 89% annual growth in CTV transactions. Mobile apps, browsers, and social feeds now constitute the primary media diet for millennials and Gen Z, eroding legacy channels’ relevance.
Legacy platforms respond with hybrid models. Radio monetizes podcasts and streaming audio inserts whose addressability rises via user accounts. Print transforms into premium native content within digital subscriptions, delivering contextually aligned placements to high-affinity readers. Digital out-of-home screens pair geofenced mobile retargeting to reinforce recall, illustrating how omnichannel orchestration sustains impact. Despite contraction in traditional budgets, niche premium inventory remains valuable for brand storytelling, ensuring balanced channel mixes in omnichannel strategies across the advertising services market.
By Advertising Channel: Search Leadership Faces Creator Economy Disruption
Search retained 41.82% share of 2024 spend, underscoring its potency at capturing purchase-intent keywords. Revenue resilience arises from paid listings’ direct correlation with transactional outcomes. Yet influencer and creator marketing expands at a 17.44% CAGR, injecting authenticity and narrative into shoppable content across TikTok, YouTube, and Instagram. The advertising services market size for creator partnerships is forecast to close the gap as algorithms prioritize engagement over follower counts, democratizing exposure.
Display, online video, and native formats evolve through AI-assisted creative personalization that matches user context and device. Social platforms integrate instant checkout, minimizing funnel leakage. Traditional television spots reallocate budgets to addressable segments within streaming bundles, linking spot exposure to digital retargeting for incremental lift. Brands calibrate channel mixes by balancing search’s predictable conversion with creators’ upper-funnel influence, strengthening holistic customer-journey management in the advertising services market.
By End-User Industry: Retail Dominance Meets Ecommerce Acceleration
Retail commanded 20.82% of global spend in 2024, owning the largest advertising services market share as brick-and-mortar chains battled for in-store and online traffic. Loyalty data, seasonal promotions, and omnichannel campaigns sustained outlay. Meanwhile, ecommerce and direct-to-consumer brands clocked a 16.99% CAGR, reinforcing digital performance channels that stretch budgets through test-and-learn loops and lifetime-value optimization.
Travel and tourism re-entered growth supported by experience-centric storytelling and dynamic pricing ads tailored to travelers’ search windows. Media and entertainment invested heavily to differentiate streaming catalogs in saturated markets. Financial services highlighted fintech innovations and security assurances, leveraging contextual placements inside banking and payment apps. Healthcare communications navigated stringent rules with patient-centric education, while automotive messaging emphasized electric vehicle benefits. Industry verticals thus diversify the advertising services market, fueling specialized creative templates and compliance workflows.
Note: Segment shares of all individual segments available upon report purchase
By Agency Type: Full-Service Models Face Specialized Competition
Full-service networks captured 37.93% revenue in 2024, underlining scale advantages in integrated strategy, creative, and media. However, performance specialists accelerate at 17.34% CAGR, seizing growth through deep programmatic expertise and transparent ROI dashboards. Corporate marketers turn to specialist talent when tackling cookieless targeting, identity resolution, or retail-media integrations, areas where agility outweighs breadth.
Media-buying operations automate insertion orders with AI-driven bid strategies, compressing labor costs and improving speed. Creative boutiques experiment with immersive formats and social storytelling, often partnering with performance peers for distribution. In-house studios allow brand guardianship yet outsource complex analytics. Consulting firms blend management advisory with martech implementation, blurring traditional competitive lines. Across the advertising services market, differentiation now hinges less on headcount and more on proprietary technology and data alliances.
Geography Analysis
North America retained 38.62% of global expenditure in 2024 and sustains a sophisticated regulatory-technology equilibrium that continues attracting multinational budgets. Privacy legislation such as CPRA drives demand for compliant identity tools, reinforcing collaboration among platforms, agencies, and verification vendors. Programmatic CTV and retail-media networks dominate incremental spending as advertisers prioritize measurable reach within streamlined supply paths. Venture investment in adtech startups remains strong, ensuring pipeline innovation that supports evolving client requirements across the advertising services market.
Asia-Pacific’s 17.36% CAGR makes it the fastest-growing region, attributable to young, mobile-native populations and integrated payment ecosystems. India, Indonesia, and Vietnam record double-digit digital ad budget expansion as SMEs embrace social-commerce storefronts. Domestic platforms like ByteDance and Grab diversify monetization through targeted display, search, and in-app commerce placements. Local privacy statutes mirror global counterparts, prompting native clean-room ventures and consent-management services that safeguard scaling efforts within the advertising services market.
Europe exhibits steady growth while navigating GDPR complexities that necessitate consent orchestration and contextual targeting innovation. Advertisers lean on publisher alliances leveraging shared first-party data lakes to maintain addressability. CTV adoption rises as broadcasters launch hybrid subscription-ad models, and retail-media expansion follows broad grocery consolidation. South America and Middle East and Africa continue building foundational digital infrastructure, with Brazil and South Africa pioneering programmatic marketplaces that demonstrate future potential for broader regional uptake in the advertising services market.
Competitive Landscape
Six global holding companies control roughly 45% of revenue, indicating moderate concentration, yet specialized digital agencies, consulting entrants, and technology platforms erode legacy dominance. Differentiation pivots on proprietary data, AI capabilities, and outcome-driven pricing. Publicis’s USD 4.4 billion purchase of Epsilon technology deepens identity resolution, whereas WPP’s USD 2.1 billion AI initiative targets creative cycle acceleration. Omnicom’s unified commerce stack links retail-media, CTV, and social shopping, underscoring convergence.
Consultancies such as Accenture and Deloitte leverage enterprise relationships to cross-sell marketing services, bolstered by data-analytics DNA. Independent performance agencies capitalize on cookieless expertise, winning project-based assignments. In-house brand teams mature, though still outsource specialized tasks like algorithmic bidding and cross-channel attribution. Talent wars intensify around data scientists, privacy engineers, and generative-AI prompt designers, reshaping remuneration models across the advertising services market.
Partnership ecosystems extend competitive boundaries. Streaming platforms forge direct-sales units; retail chains build self-serve portals. Verification vendors integrate blockchain audits reducing fraud rates by 34%, influencing media-buying decisions. Overall, success hinges on transparent value demonstration, continuous technology infusion, and regulatory foresight.
Advertising Services Industry Leaders
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WPP plc
-
Lamar Advertising Company
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Dentsu Group Inc.
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The Interpublic Group of Companies Inc.
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Omnicom Group Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- September 2025: Publicis Groupe finalized a USD 4.4 billion Epsilon technology acquisition, boosting first-party data activation capacity.
- August 2025: WPP committed USD 2.1 billion to AI and automation, collaborating with NVIDIA on creative and programmatic engines.
- July 2025: Omnicom Group launched a unified commerce platform blending retail-media, social-commerce, and CTV optimization.
- June 2025: Dentsu Group invested USD 890 million in three data-analytics firms enhancing predictive modeling services.
Global Advertising Services Market Report Scope
Advertising services use every possible media to get its message through via television, print (newspapers, magazines, and journals), radio, press, internet, direct selling, hoardings, mailers, contests, sponsorships, posters, clothes, events, colors, sounds, visuals, and even people (endorsements). Marketing agencies adopt various communication modes with the users of a product or service. A reliable marketing strategy typically involves adopting a variety of advertising channels, with a clear understanding of the purpose of each of them.
The scope of the study for the advertising services market has segmented the market by type of platform and channel of service in a wide range of industries in various countries across North America, Europe, Asia-Pacific, Middle East, and Latin America.
| Online (Digital) |
| Offline (Traditional) |
| Social-media publishing |
| Search-engine ads |
| Display and online video |
| Influencer / creator marketing |
| Native advertising |
| TV spots |
| Radio commercials |
| Print media |
| Outdoor and transit (OOH/DOOH) |
| Direct mail |
| Retail (incl. grocery) |
| Ecommerce and DTC brands |
| Travel and tourism |
| Media and entertainment |
| Financial services |
| Healthcare and pharma |
| Automotive |
| Other End-user Industries |
| Full-service integrated agency |
| Media-buying and planning agency |
| Digital-only performance agency |
| Creative boutique |
| In-house brand studio |
| North America |
| South America |
| Europe |
| Asia-Pacific |
| Middle East and Africa |
| By Platform | Online (Digital) |
| Offline (Traditional) | |
| By Advertising Channel | Social-media publishing |
| Search-engine ads | |
| Display and online video | |
| Influencer / creator marketing | |
| Native advertising | |
| TV spots | |
| Radio commercials | |
| Print media | |
| Outdoor and transit (OOH/DOOH) | |
| Direct mail | |
| By End-user Industry | Retail (incl. grocery) |
| Ecommerce and DTC brands | |
| Travel and tourism | |
| Media and entertainment | |
| Financial services | |
| Healthcare and pharma | |
| Automotive | |
| Other End-user Industries | |
| By Agency Type | Full-service integrated agency |
| Media-buying and planning agency | |
| Digital-only performance agency | |
| Creative boutique | |
| In-house brand studio | |
| By Geography | North America |
| South America | |
| Europe | |
| Asia-Pacific | |
| Middle East and Africa |
Key Questions Answered in the Report
How fast is the advertising services market growing between 2025-2030?
The advertising services market is projected to expand at a 16.23% CAGR, rising from USD 1.06 trillion in 2025 to USD 1.63 trillion by 2030.
Which platform segment contributes the largest share of global ad spending?
Digital channels led with 63.62% of global revenue in 2024 and are forecast to keep growing fastest through 2030.
Why is Asia-Pacific considered the most attractive growth region?
Asia-Pacific posts a 17.36% CAGR to 2030, driven by mobile-native consumers, integrated payment systems, and rising middle-class spending.
What is driving the surge in creator and influencer advertising?
Superior engagement rates, integrated shopping features, and social-commerce momentum are propelling influencer marketing at a 17.44% CAGR.
How are privacy regulations reshaping advertising strategies?
GDPR, CPRA, and similar laws push brands toward first-party data, consent-management solutions, and cookieless identity frameworks to sustain addressability.
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