Source: Insider Intelligence | eMarketer, March 2023 - May 2023
Note: includes display, search, video and other forms of paid advertising appearing within social networks, social games and social apps; excludes spending by marketers that goes toward developing or maintaining a social network presence; *includes Instagram advertising revenues
Additional Note: Social networks are sites where the primary activities involve creating a profile and interacting with a network of contacts by sharing updates, comments, photos or other content.
Methodology: Estimates are based on the analysis of various elements related to the ad spending market, including macro-level economic conditions; historical trends of the advertising market; historical trends of each medium in relation to other media; reported revenues from major ad publishers; estimates from other research firms; data from benchmark sources; consumer media consumption trends; consumer device usage trends; and eMarketer interviews with executives at ad agencies, brands, media publishers and other industry leaders.