The Global TV Ad Spending Market size was valued at US$ 130.22 billion in 2023 and is expected to reach US$ 205.03 billion by 2030, grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 130.22 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
6.70% |
2030 Value Projection: |
US$ 205.03 Bn |
Television advertising spending has long been a cornerstone of marketing strategies, wielding the power to reach mass audiences and create lasting brand impressions. This crucial aspect of the advertising landscape involves allocating budgets to produce and air commercials on broadcast and cable networks. As consumer behaviour evolves in the digital age, the effectiveness and ROI of TV ads continue to be a topic of interest and adaption for businesses aiming to strike the right balance between traditional and modern advertising platforms.
Market Dynamics:
Wide audience reach, brand visibility and awareness and emotional engagement is anticipated to drive growth of the global TV Ad spending market over the forecast period. Moreover, prime time and event opportunities is also expected to boost the growth of the global TV Ad spending market over the forecast period. Integrated campaigns, data-driven insights, addressable TV advertising and cross-screen campaigns are expected to create growth opportunities for the global TV Ad spending market during the forecast period.
However, digital competition, fragmented audiences and Ad skipping and Ad blockers are expected to hamper growth of the TV Ad spending market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the TV Ad spending market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the TV Ad spending market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Procter & Gamble, Amazon, Comcast, AT&T, General Motors, Verizon Communications, L'Oreal, The Walt Disney Company, Ford Motor Company, Samsung Electronics, Unilever, Toyota Motor Corporation, NBCUniversal (owned by Comcast), Alphabet Inc. (Google), Johnson & Johnson.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The TV Ad spending market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the TV Ad spending market
Detailed Segmentation:
- Global TV Ad spending Market, By Type of TV Channel:
- Broadcast TV
- Cable TV
- Satellite TV
- Digital Streaming Services
- Global TV Ad spending Market, By Target Audience:
- Demographic Segmentation
- Psychographic Segmentation
- Behavioral Segmentation
- Global TV Ad spending Market, By Timing and Placement:
- Prime Time vs. Non-Prime Time
- Event-Based
- Global TV Ad spending Market, By Industry or Product Category:
- Industry Segmentation
- Product Category
- Global TV Ad spending Market, By Ad Format:
- Commercial Length
- Video Type
- Global TV Ad spending Market, By Advertiser's Objectives:
- Brand Awareness
- Direct Response
- Global TV Ad spending Market, By Budget Levels:
- High Budget vs. Low Budget
- Global TV Ad spending Market, By Traditional vs. Advanced Advertising:
- Traditional TV Ads
- Advanced TV Ads
- Global TV Ad spending Market, By Local vs. National vs. International:
- Local
- National
- International
- Global TV Ad spending Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profile:
- Procter & Gamble
- Amazon
- Comcast
- AT&T
- General Motors
- Verizon Communications
- L'Oreal
- The Walt Disney Company
- Ford Motor Company
- Samsung Electronics
- Unilever
- Toyota Motor Corporation
- NBCUniversal (owned by Comcast)
- Alphabet Inc. (Google)
- Johnson & Johnson