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UK Digital Ad Spending by Industry 2024

Economic Recovery Drives Strong Growth Across the Board

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About This Report
An improving UK economy means digital ad spending in all industries will see healthy growth this year. Retail will still lead total spend, but automotive will receive a boost thanks to significant investments.
Table of Contents

The UK’s digital ad market is benefiting from an improving economy. As such, all the industries we track grew faster in 2023 than we’d predicted, and that strong growth will continue into 2024. The auto industry will benefit the most thanks to significant investments in the sector through 2023.

Key Question: How has an improving economy affected digital ad investments across industries in the UK?

Key Stat: All industries will see strong digital ad spending growth this year. Automotive will see a significant spike—22.0%—thanks to the improving economy and major investments.

Here’s what’s in the full report

3files

Exportable files for easy reading, analysis and sharing.

7charts

Reliable data in simple displays for presentations and quick decision making.

Table of Contents

  1. Executive Summary
  2. Economic optimism will continue to boost digital ad spending growth
  3. Retail still rules, but its share is starting to slowly decline
  1. CPG will see strong spending growth as consumer concerns subside
  2. Computing products/consumer electronics and financial services are returning to reality
  3. Automotive has seen the fastest spending acceleration
  1. Travel’s recovery continues, but spending growth is beginning to slow
  2. Sources
  3. Media Gallery

authors

Bill Fisher

Contributors

Ross Benes
Senior Analyst
Andrew Spink
Forecasting Analyst
Heather Sprung
Senior Editor
Matt Torpey
Senior Chart Editor
Paul Verna
VP, Content
Ali Young
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