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Digital Ad Spend to Grow 16% in 2024: IAB

Digital ad spend is forecast to grow 16% to around $63 billion, according to this IAB report. This is about the same as last year’s growth and lower than 2022’s jump of 21%, but it will outpace the growth in total advertising spending. For the first time, digital video ad spend will exceed linear TV 52% to 48%.  Raise your hand if you remember linear TV.