Source: EMARKETER Forecast, March 2024 - October 2023
Note: search advertising that appears on websites or apps that are primarily engaged in retail ecommerce; examples include advertising on Amazon, Walmart, and eBay; excludes advertising on social networks or search engines
Additional Note: Search advertising includes advertising that appears based on specified keywords or search terms in response to a user’s query and includes paid listings, paid inclusion, and contextual text links. Examples include text ads in Google search results, Product Listing Ads in Google search results, and Amazon Sponsored Products and Sponsored Brands. It includes advertising that appears on desktop and laptop computers, as well as mobile phones, tablets, and other internet-connected devices.
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.