WPP Media downgrades projected ad revenue forecast for 2025 due to uncertain economy and limited global trade visibility. Creator-driven platforms like YouTube, TikTok, and Instagram are expected to receive more ad dollars than traditional media. Digital advertising dominates the industry, with streaming TV on the rise.
Key Points
Projected ad revenue forecast for 2025 downgraded to 6% growth from initial 7.7%
Creator-generated revenue to hit $184.9 billion in 2025, expected to double by 2030
Digital advertising accounts for 73.2% of global ad revenue
Streaming TV expected to grow while traditional TV sees minimal growth
Pros
Insightful analysis of the shift in advertising trends towards creator-driven platforms
Highlighting the impact of digital advertising on the industry
Cons
Downgrade in projected ad revenue forecast may indicate economic challenges
Increased dominance of digital advertising could pose challenges for traditional media outlets