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trillion by 2028 at a compound annual growth rate of 6%. The quick-service restaurant business is a sprawling, dynamic space, expected to grow to nearly $1.47 It's a highly competitive category, with more than 420 brands spending more than $3.3 billion combined in yearly advertising.
Anheuser-Busch InBev signed on as the first global beer sponsor of the Olympic Games and Paralympic Games through 2028. However, there's a plot twist: Corona Cero 0.0% beer will be the breakout star. The alcohol-free brew will be the official beer of the Summer Olympics in Paris, joining Coca-Cola, Toyota, Airbnb and others as the.
The global social media advertising market is expected to reach $262 billion by 2028, up from $103 billion in 2020, according to a new report by Million Insights. from 2021 to 2028 owing to the increased spending on advertising. from 2021 to 2028. This would give it a CAGR of 12.4% for that period. What’s driving it.
has entered into agreements with The Walt Disney Company to extend and renew the network affiliations for all of Gray's ABC affiliated television stations across 25 markets through December 31, 2028. "We Gray Television, Inc.
By 2028, retail media is expected to account for almost a quarter of all U.S. To put some numbers to it, eMarketer also reported that by 2028, retail media CTV will represent more than a quarter of RMN display ad spend , and nearly 22% of CTV ad spending overall. The rise of retail media networks has happened fast.
The report, ‘Global Entertainment & Media (E&M) Outlook 2024-2028’, notes that the UK is the largest OTT market in Western Europe, but subscription uptake is expected to slow over the next four years. billion in 2028, according to PwC, from £6.5 UK E&M revenues are expected to reach £121 billion by 2028.
Celebrities and athletes have helped create a “digital first” logo for the 2028 Olympics in Los Angeles, with various names offering up their own versions of the “A,” all contributing to a dynamic image that is in constant movement.
WPP’s Mediacom (now EssenceMediacom) won the combined Mars global media account in 2028, currently estimated at $2.4bn, about half in the US. Mars is reviewing most of its global advertising with the exception of creative (mostly at Omnicom) which poses a further challenge for WPP media operation GroupM.
With a compound annual growth rate of 13.7%, revenues are expected to surpass one trillion dollars by 2028. Social commerce is already huge in the Asia-Pacific market, and it’s poised to blow up worldwide in the coming years. In 2023, social commerce generated an estimated $571 billion globally.
of total ad revenue by 2028,” the report says. “A billion in 2023 and is on track to surpass television revenue in 2028 when it will represent 15.4% from 2023 to 2028 on a compound annual basis to $42.5 This is its smallest increase since the 2009 financial crisis, but this year it is limited by success, not economic problems.
The post Taboola & Slate Announce the Renewal of Their Exclusive Partnership Until 2028 appeared first on ExchangeWire.com. Taboola, a global leader in powering recommendations for the open web, has announced the renewal of its partnership with the independent online magazine Slate.fr
trillion USD of global retail sales will still occur offline in 2028. In todays digital and physical retail world, marketers seek an understanding of how different marketing activities influence in-store visits. Forrester predicts that $28.7
With customer support, service and experience managers rushing to embrace generative AI and increase the deployment of AI-powered conversational tools (so far, much more text than voice), here comes Gartner with a prediction: By 2028, the E.U. will mandate “the right to talk to a human” in customer support and service interactions.
Mobile app marketing is growing exponentially, with $500 billion in revenue anticipated by 2028 , according to Statista. In 2023, 16 billion hours were spent using mobile apps — up by almost 25% compared to 2022.
Market to triple by 2028 The global market for customer data platforms is expected to triple in size by 2028, according to a recent report by Mordor Research (See Figure 1). billion in 2028. Dig deeper: Does your company need a CDP? Annual spending on CDPs is predicted to grow from $2.13 billion in 2023 to $7.91
This number will continue to inch up in the years ahead, reaching 165 million users in 2028. Experts believe that by 2028, that number could surpass $25.5 That’s more than 14 million more than Apple Podcasts, whose growth has flatlined while Spotify projects double-digit growth through 2028. million in 2028.
Automates data security and privacy protection for developers to address market forecast to reach $17 billion in annual spend by 2028. 17 Billion Data Security Market by 2028. Billion by 2028, growing at a CAGR of 22.45% from 2021 to 2028. Billion in 2020 and is projected to reach $17.12
billion in 2028. So, here’s some stats about the metaverse to consider as you come to your own conclusions. Global metaverse market size was $47.69 billion in 2020 and one set of projections say it could reach $828.95 Emergen Research ) AR/VR hardware sales increased 163% in 2021 YOY. ( NPD ) AR/VR hardware revenues up 137% in 2021 YOY.
On today’s news digest: BBC Looks to Reform Licence Fee; Elon Musk Loses Lawsuit Against Watchdog Group; Amazon Pharmacy Expands Same-Day Delivery Service The BBC will be exploring how to reform the licence fee post-2028, announced the broadcaster’s director general, Tim [.]
Ad spend is catching up with this cultural behavior: In 2024, podcasts will surpass $2 billion in ad revenue for the first time, and by 2028, that number will top $3 billion. Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.
By 2028, we expect retail media revenue to exceed that of linear TV and CTV combined.” “Although the U.S. and China are still expected to represent 77.6% of global retail media ad revenue in 2024, they will be among the slowest growing,” wrote Scott-Dawkins in her forecast, predicting 38% growth in Brazil, 24.5%
According to WARC forecasts, by 2028, half of all global ad spend will be going to Meta, Amazon and Google. And for the sell-side, building ID solutions on deterministic data stands to benefit the walled garden platforms with vast numbers of logged-in users, accelerating the flow of ad spend into the hands of a few tech giants.
billion by 2028, registering market expansion at a CAGR of 12.6%, says Frost & Sullivan. billion by 2028 from $13.07 The CDN market is expected to reach $29.97 Accelerated content and application performance with a large and distributed network of points of presence differentiate CDN vendors.
media ad spend in 2028, according to eMarketer. Retail media networks are seemingly big business. The ad industry’s latest shiny object is expected to account for almost a quarter of all U.S.
Nationwide’s controversial campaign by New Commercial Arts about bank closures is back on air – with a changed V/O featuring its revised promise not to close any more branches before 2028. The original, implying it wasn’t closing branches full stop, was pulled after complaints to the ASA from, among others, rival Santander.
Compound Annual Growth Rate (CAGR) for CTV through 2028. A new report from Group M has revealed yet another win for Connected TV: the channel is expected to reach 13.2% global growth in 2023, hitting $29.2 And that growth is forecasted to continue, with an expected 9.5% CAGR by that point.
CAGR during 2022-2028 reaching $12.5B+ by 2028. According to ResearchandMarkets Philippines NFT Market Intelligence Report 2022, the NFT industry in Philippines is expected to grow steadily at a 32.6% “This is our players’ and league’s way of giving back to our community of fans who have given us so much already.
Despite overall ad spending forecasts suggesting slower growth ahead , programmatic advertising remains a bright spot, with global spend reaching $595 billion in 2024 and projected to approach $779 billion in 2028.
The AR Market will be valued at more than $340 billion by 2028 , as disclosed by Techjury, while its current market value is $3.5 The Augmented Reality market revenue will touch $340 billion by 2028. Such smart data facilitates the companies in coming up with better and well-informed decisions to improve buying experiences.
of total revenue by 2028. While noting that retail media is expected to grow just under 10% globally in 2023 to hit $125.7 billion, Scott-Dawkins predicted that it will account for 15.4% Continue reading this article on digiday.com.
Against this backdrop, Omdia forecasts the FAST market to surpass $500 million in UK revenues by 2028. But FAST is set to accelerate in the UK as linear viewing continues to decline and SVOD services grow more expensive.
” Digital advertising is therefore expected to grow its share of ad revenues from 64 percent in 2023 to 76 percent in 2028. Within digital advertising, commerce media is forecast to essentially double in size over the next five years, according to Weiser, accounting for $82 billion in ad revenues in 2028. percent in 2023).
By 2028, the market at large is expected to be worth $550 billion. The data analytics market is slowly becoming one of the major players within the tech industry.
The audio and podcasting industry is growing quickly, accelerated by the pandemic, and it projects to be a $95 billion industry by 2028, according to Grand View Research. This represents an opportunity for influencers and marketers alike to create value for their respective brands.
billion by 2028 at a CAGR of 48.6%. billion in 2028 at a CAGR of 44.8%. With its significant interactive and engaging learning potential, it’s no surprise that the demand for AR has been exponentially increasing. As of 2021, AR’s market size was $6.12 billion, but it is expected to rise to a whopping $97.76
In this context, retail sales are forecast to grow at a slow and steady pace through 2028, hovering around 3% growth each year. Within the broader retail landscape, e-commerce continues to grow in popularity among shoppers and is forecast to account for 20% of total retail sales by 2028.
trillion by 2028 , per Verified Market Research’s estimates. The time is now Budgets for in-person events have finally exceeded pre-pandemic numbers, according to a March 2023 Exhibitor study. The global event industry will be valued at $2.19
DTVR projects that by 2028, ad-supported plans could account for 88% of total global subscriptions for Disney+. This also doesn’t account for new subscribers. How many potential subscribers were held back by a high price tag and now finally have an option built for them? on CTV ad spending in 2023.
billion by 2028 from $3.33 from 2021 to 2028. The constant integration of new technologies, such as Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR), will continue to grow the interior design software market in coming years. billion in 2020; it is expected to grow at a CAGR of 9.8%
Mn by 2028. The funding round was led by Creades, Nordstjernan Growth, and Alfvén Didrikson. The global online presentation software market is valued at US$ 873.54 Mn and is expected to reach US$ 1796.42
Billion by 2028, growing at a CAGR of 13.4% from 2021 to 2028. Global research and consulting firm Verified Market Research says the Global Digital Experience Platform Market size was valued at USD 15.88 Billion in 2020 and projected to reach USD 43.43 However, along with all the hype, there’s some confusion.
Total European retail media spending is projected to hit €31 billion by 2028. Recent figures from IAB Europe show retail media spending in Europe grew by 22 percent in 2023, much higher than the growth rate of the overall ad market which sat at six percent.
from 2021 to 2028. Here are some of the facts about DXPs that you need to know: The digital experience platform market is projected to grow to $13.9 billion by 2024. From the valuation of $9.2 billion, the value digital experience platforms market is expected to expand at a compound annual growth rate of 12.3%
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