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Global Ad Revenue to Hit $989.8B in 2024, Surpass $1 Trillion in 2025: GroupM Forecast

1 years ago

Global ad revenues are projected to grow by 7.8% in 2024 to $989.8 billion, surpassing the trillion-dollar mark in 2025 with a 6.8% increase to $1.1 trillion. The U.S. and China, contributing 57.1% of global ad revenue, are key growth drivers. U.S. ad spend is expected to reach $365.9 billion in 2024, while China's ad market grows 14% to $199.4 billion. Digital ad spend will dominate, making up 70.6% of total global ad spend.

Automate Meta Ads Creative Generation and Uploading

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Markifact automates the creation and uploading of Meta ads using AI. Users generate custom visuals and matching ad copy by writing detailed prompts and uploading reference images. Ads are uploaded in a paused status for review before going live. This tool allows for quick creation of multiple ad variations, adaptation to market trends, and scaling of campaigns without needing extensive design or copywriting resources.