This is an extract from The Pace of Progress, the dentsu 2024 Media Trends. You can download the full report here.
Digital advertising spend is expected to grow by a mere 6.6% three-year compound annual growth rate between 2023 and 2025. This is remarkable as single-digit growth has only happened twice in the last 20 years: in 2009 (financial crisis consequences) and in 2020 (COVID-19 pandemic).1
Amid this slowdown of one of their main sources of revenue, digital platforms have engaged in a more aggressive race to monetization, striving to maximize the value of their services, content,...