COVID-19 impact on global ad investment
COVID-19 impact on global ad investment
WARC's Global Ad Trends report focuses on the impact of COVID-19 on global ad investment. Adspend is set to fall this year, but how will it affect you and when will we see a recovery?
To help you plan for 2020/2021, this month's report summarises the latest adspend projections by market, media and product vertical from WARC Data, alongside commentary from industry experts.
Findings in this report
Findings in this report
- Advertising investment is set to fall 8.1% – $49.6bn – worldwide this year.
- This year’s downturn will be softer than in 2009, when the ad market fell by 12.7% ($60.5bn).
- Internet advertising is set to record mild growth this year (+0.6%) at a global level.
- Almost all product sectors will record a decline this year, with the most severe falls seen among travel & tourism (-31.2%), leisure & entertainment (-28.7%), financial services (-18.2%) and retail (-15.2%).
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