Report Description
The global online advertising market size was valued at around USD 393 billion in 2021 and is projected to reach around USD 810 billion by 2030, expanding at a CAGR of around 16 % during the forecast period, 2022 – 2030. The growth of the market is attributed to the advancement in communication technologies.

Advertising is a mean of communication to introduce products and services to audience using mass media. Advertising plays an important role in any market by providing information about a product and persuading audience to buy it. Online advertising is a form of marketing, which uses internet and digital platforms to deliver promotional messages to identified and intended audience. Online advertising uses innovative graphical content tactics such as videos, pop ups, and redirections on the web to catch attention of consumers. With growing penetration of internet, emergence of high-speed internet, and increasing use of smart devices, online advertising emerged as a strong marketing strategy. Technological advancements and rising digital spending by enterprises, companies, and organizations are expected to aid in expansion of the global online advertising market in the coming years.
Market Trends, Drivers, Restraints, and Opportunities
- Emergence of high-speed internet and extensive adoption of smartphones are expected to drive the global online advertising market during the forecast period.
- Increasing usage of social media and rising popularity of streaming platforms are estimated to boost the market in the coming years.
- Rising expenditure in online advertising by various industries to increase brand awareness is projected to fuel the market.
- Growing adoption of advertisement-blockers to avoid online advertising on certain digital platforms are expected to hinder the growth of the market.
- Emerging trend of automation technologies in the online advertising market is projected offer growth opportunities to the key market players.
Scope of the Report
The report on the global online advertising market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Online Advertising Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2021
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Historic Data
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2019–2020
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Forecast Period
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2022–2030
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Segmentation
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Formats (Search Engine, Social Media, Video, Smartphones, Display, and Others), Platforms (Smartphones, Laptops, Tablets, Desktops, and Others), and End-users (Healthcare, Automotive, Retail & E-commerce, Media & Entertainment, Transport & Tourism, Education, IT and Telecommunication, Industrial, BFSI, Consumer Packaged Goods (CPG), and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Google LLC; Meta Platforms, Inc.; Amazon.com, Inc.; Twitter, Inc.; Microsoft Corporation; Alibaba Group Holding Limited; International Business Machines Corporation; Hulu, LLC; Baidu, Inc.; Verizon Communication, Inc.; Yahoo! Inc.; AOL, Inc.; Sirius XM Holdings; Apple, Inc.; eBay, Inc.; and Others
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Market Segment Insights
Video segment drives the market
On the basis of formats, the market is divided into search engine, social media, video, smartphones, display, and others. The video segment is expected to fuel the market during the forecast period, due to growing trend of video advertising for online platforms. Video advertisements are highly effective in capturing the attention of viewers than other formats; thus, fueling the global online advertising market. The social media segment is anticipated to expand rapidly in the coming years, owing to increasing number of social media users of all ages across the globe.
Smartphone segment holds a large share of market
In terms of platforms, the market is segregated into smartphones, laptops, tablets, desktops, and others. The smartphone segment is estimated to drive the market during the forecast period, due to growing penetration of internet and increasing usage of smartphones across the globe. Furthermore, key market players are creating innovative advertising content that supports smartphone devices, which spurs the global online advertising market.

Retail segment is expected to expand rapidly
Based on end-users, the market is divided into healthcare, automotive, retail, media & entertainment, transport & tourism, education, IT and telecommunication, industrial, BFSI, Consumer Packaged Goods (CPG), and others. The retail segment is projected to boost the market during the forecast period, as retailers use online advertising strategies to expand their customer base and grow website traffic. The BFSI segment is anticipated to expand during the forecast period, owing to technological advancement and increasing digital spending in BFSI.
North America dominates the market
On the basis of regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America holds a large share of the global market, due to increasing investments in online advertisements in the region. Growing online activities of consumers and increasing usage of smartphones in North America are projected to drive the market during the forecast period. The market is Asia Pacific is anticipated to expand in the coming years, owing to extensive urbanization, rapid industrialization, and rising adoption of technology in the region.

Segments
The global online advertising market has been segmented on the basis of
Formats
- Search Engine
- Social Media
- Video
- Smartphones
- Display
- Others
Platforms
- Smartphones
- Laptops
- Tablets
- Desktops
- Others
End-users
- Healthcare
- Automotive
- Retail & E-commerce
- Media & Entertainment
- Transport & Tourism
- Education
- IT and Telecommunication
- Industrial
- BFSI
- Consumer Packaged Goods (CPG)
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Google LLC
- Meta Platforms, Inc.
- Amazon.com, Inc.
- Twitter, Inc.
- Microsoft Corporation
- Alibaba Group Holding Limited
- International Business Machines Corporation
- Hulu, LLC
- Baidu, Inc.
- Verizon Communication, Inc.
- Yahoo! Inc.
- AOL, Inc.
- Sirius XM Holdings
- Apple, Inc.
- eBay, Inc.
- Others
Competitive Landscape
The global online advertising market is highly competitive with the presence of key players such as Google LLC; Meta Platforms, Inc.; Amazon.com, Inc.; Twitter, Inc.; Microsoft Corporation; Alibaba Group Holding Limited; International Business Machines Corporation; Hulu, LLC; Baidu, Inc.; Verizon Communication, Inc.; Yahoo! Inc.; AOL, Inc.; Sirius XM Holdings; Apple, Inc.; eBay, Inc.; and others, who use business strategies such as mergers, acquisitions, partnerships, collaborations, and product launches to dominate the market. For example, in October 2020, Microsoft Corporation launched multi-factor authentication in its Microsoft Advertising online. In April 2022, Google LLC introduced user controls, which helps users to control the number of advertisements on their devices.

Frequently Asked Questions
Google LLC; Meta Platforms, Inc.; Amazon.com, Inc.; Twitter, Inc.; Microsoft Corporation; Alibaba Group Holding Limited; and International Business Machines Corporation are some of the key players in the market.
North America dominates the global online advertising market.
Online advertising is a form of marketing, which uses internet and digital platforms to deliver promotional messages to identified and intended audience.
Various industries use online advertising to create brand awareness.
Search engine, social media, video, smartphones, display and others are formats of online advertising.
The global online advertising market size was valued at around USD 393 billion in 2021 and is expected to reach around USD 810 billion by 2030.
The global online advertising market is estimated to register CAGR of around 16% during the forecast period.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Online Advertising Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Online Advertising Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Online Advertising Market - Supply Chain
4.5. Global Online Advertising Market Forecast
4.5.1. Online Advertising Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Online Advertising Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Online Advertising Market Absolute $ Opportunity
5. Global Online Advertising Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Online Advertising Market Size and Volume Forecast by End Users
5.3.1. Healthcare
5.3.2.
Automotive
5.3.3.
Retail & E-commerce
5.3.4.
Media & Entertainment
5.3.5.
Transport & Tourism
5.3.6.
Education
5.3.7.
IT and Telecommunication
5.3.8.
Industrial
5.3.9.
BFSI
5.3.10.
Consumer Packaged Goods (CPG)
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Online Advertising Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Online Advertising Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Online Advertising Demand Share Forecast, 2019-2026
7. North America Online Advertising Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Online Advertising Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Online Advertising Market Size and Volume Forecast by End Users
7.4.1. Healthcare
7.4.2.
Automotive
7.4.3.
Retail & E-commerce
7.4.4.
Media & Entertainment
7.4.5.
Transport & Tourism
7.4.6.
Education
7.4.7.
IT and Telecommunication
7.4.8.
Industrial
7.4.9.
BFSI
7.4.10.
Consumer Packaged Goods (CPG)
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Online Advertising Demand Share Forecast, 2019-2026
8. Latin America Online Advertising Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Online Advertising Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Online Advertising Market Size and Volume Forecast by End Users
8.4.1. Healthcare
8.4.2.
Automotive
8.4.3.
Retail & E-commerce
8.4.4.
Media & Entertainment
8.4.5.
Transport & Tourism
8.4.6.
Education
8.4.7.
IT and Telecommunication
8.4.8.
Industrial
8.4.9.
BFSI
8.4.10.
Consumer Packaged Goods (CPG)
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Online Advertising Demand Share Forecast, 2019-2026
9. Europe Online Advertising Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Online Advertising Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Online Advertising Market Size and Volume Forecast by End Users
9.4.1. Healthcare
9.4.2.
Automotive
9.4.3.
Retail & E-commerce
9.4.4.
Media & Entertainment
9.4.5.
Transport & Tourism
9.4.6.
Education
9.4.7.
IT and Telecommunication
9.4.8.
Industrial
9.4.9.
BFSI
9.4.10.
Consumer Packaged Goods (CPG)
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Online Advertising Demand Share Forecast, 2019-2026
10. Asia Pacific Online Advertising Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Online Advertising Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Online Advertising Market Size and Volume Forecast by End Users
10.4.1. Healthcare
10.4.2.
Automotive
10.4.3.
Retail & E-commerce
10.4.4.
Media & Entertainment
10.4.5.
Transport & Tourism
10.4.6.
Education
10.4.7.
IT and Telecommunication
10.4.8.
Industrial
10.4.9.
BFSI
10.4.10.
Consumer Packaged Goods (CPG)
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Online Advertising Demand Share Forecast, 2019-2026
11. Middle East & Africa Online Advertising Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Online Advertising Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Online Advertising Market Size and Volume Forecast by End Users
11.4.1. Healthcare
11.4.2.
Automotive
11.4.3.
Retail & E-commerce
11.4.4.
Media & Entertainment
11.4.5.
Transport & Tourism
11.4.6.
Education
11.4.7.
IT and Telecommunication
11.4.8.
Industrial
11.4.9.
BFSI
11.4.10.
Consumer Packaged Goods (CPG)
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Online Advertising Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Online Advertising Market: Market Share Analysis
12.2. Online Advertising Distributors and Customers
12.3. Online Advertising Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Google LLC
12.4.2.
Meta Platforms, Inc.
12.4.3.
Amazon.com, Inc.
12.4.4.
Twitter, Inc.
12.4.5.
Microsoft Corporation
12.4.6.
Alibaba Group Holding Limited
12.4.7.
International Business Machines Corporation
12.4.8.
Hulu, LLC
12.4.9.
Baidu, Inc.
12.4.10.
Verizon Communication, Inc.