Canada Digital Ad Spending 2024

Mobile Accounts for More Than Half of All Ad Spending

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About This Report
Ad spending will rebound in 2024, as mobile formats continue to dominate and areas like connected TV and retail media drive renewed growth.

Canada’s ad market is in recovery this year after slower growth in 2023. Ad spending across most formats, including some traditional formats like TV, will see a boost. Mobile will account for more than half of total spending. And digital channels like connected TV (CTV) and retail media are where the smart dollars are going, driving renewed investment and strong results.

Key Question: What formats and channels are driving Canada’s ad market this year?

Key Stat: Mobile ad spending will account for 54.6% of total advertising in Canada in 2024.

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authors

Paul Briggs

Contributors

Cosima Balletti-Thomas
Associate Forecasting Analyst
Bill Fisher
Principal Analyst, UK
Paul Verna
Principal Analyst

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