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CPM rates are increasing on social platforms, signaling heightened competition
TikTok’s CPM rates are gaining ground on Meta’s
Social impressions growth has slowed, but it is still driven up by more ad inventory and increased usage
Meta commands the highest impressions and rates
Takeaways for advertisers
EMARKETER Interviews
Sources
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About This Report
After experiencing downturns in recent years, social CPMs are on the rise again in the US, per our forecasts. That’s a sign that brands could invest more in social media ads amid optimism about the economy.
CPM rates are increasing on social platforms, signaling heightened competition
TikTok’s CPM rates are gaining ground on Meta’s
Social impressions growth has slowed, but it is still driven up by more ad inventory and increased usage
Meta commands the highest impressions and rates
Takeaways for advertisers
EMARKETER Interviews
Sources
Media Gallery
Social CPMs have increased YoY—as have impressions—according to our forecasts. That’s an indication that advertisers are competing for eyeballs across growing areas like social video and social commerce as the economic outlook improves.
Key Question: How are CPM rates trending across major social media platforms in the US?
Key Stat: CPMs at Meta, TikTok, Snapchat, and YouTube are all expected to increase in Q1 2025, with TikTok seeing double-digit (15.6%) growth YoY.
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Table of Contents
Executive Summary
CPM rates are increasing on social platforms, signaling heightened competition
TikTok’s CPM rates are gaining ground on Meta’s
Social impressions growth has slowed, but it is still driven up by more ad inventory and increased usage
The Gap in CPMs Across Major Social Platforms Only Slightly Narrowing Year Over Year (US social and YouTube ad cost per thousand (CPM), Q1 2024-Q1 2025)
The Gap in CPMs Across Major Social Platforms Only Slightly Narrowing Year Over Year (US social and YouTube ad cost per thousand (CPM), Q1 2024-Q1 2025)
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