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The digital advertising industry is experiencing rapid evolution, driven by advancements in AI, data analytics, and personalized marketing. Increased spending on digital channels, especially social media, search, and e-commerce platforms, is a key trend. Privacy regulations and cookie deprecation are reshaping targeting strategies, emphasizing first-party data and contextual advertising. Agencies are focusing on integrated solutions and measurable ROI.
Total Assets Under Management (AUM)
Digital Advertising Spend in United States
~Approximately $280 billion (2023 estimate)
(13.9% CAGR)
- Driven by increased mobile and video advertising.
- Strong growth in retail media and connected TV.
- Influenced by e-commerce expansion and data-driven targeting.
660 billion USD
Generative AI will revolutionize content creation, ad copy, and campaign design, enabling hyper-personalized and scalable advertising assets.
The proliferation of retail media networks will shift ad spend to e-commerce platforms, offering highly targeted advertising opportunities based on purchase data.
PETs like federated learning and differential privacy will enable data-driven advertising while adhering to strict privacy regulations without relying on third-party cookies.
The CPRA, effective January 1, 2023, expands upon the CCPA, granting consumers more control over their personal data, including the right to correct inaccurate information and opt-out of sharing sensitive personal information.
This policy increases the complexity of data handling and targeting strategies for digital advertising agencies, requiring robust data governance and consent mechanisms.
Effective January 1, 2023, the VCDPA grants Virginia consumers rights similar to CCPA/CPRA, including access, deletion, and opt-out rights for personal data processing by businesses.
Agencies must ensure compliance across different state regulations, potentially necessitating a 'privacy by design' approach for all data collection and advertising campaigns.
The CPA, effective July 1, 2023, provides Colorado residents with rights regarding their personal data, including opting out of targeted advertising and the sale of personal data.
The CPA's broad definition of 'sale' and 'targeted advertising' impacts how digital agencies collect, process, and utilize consumer data for ad placement and personalization.
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