PubMatic's new forecast - with data from MAGNA Global - looks at the global commerce media market opportunity and breaks down revenues by region, emerging channels and more
Global commerce media advertising ad spend will reach $158 billion this year and will increase to $220 billion in 2027, representing more than 20% of global advertising revenues, according to MAGNA Global. With such an influx of dollars heading into the wider commerce media space, advertisers need to think critically about how to maximise their media investments and commerce companies need enhanced media strategies. Emerging channels, like offsite, are proving to be impactful as all sides of the ecosystem navigate the next wave of commerce media. The enclosed forecast puts the spotlight on:
- The global commerce media market opportunity
- Revenues by region
- Revenues by onsite vs offsite spend
- Revenues by walled gardens vs open retailer
You can download the full report here.
Posted on: Tuesday 23 April 2024