UK Digital Ad Spending 2024

A Modest Rebound but Less Room for Growth, as Most Media Advertising Is Now Digital

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About This Report
The digital ad channel is hugely dominant in the UK, so there is increasingly less room for growth. But in the broader digital category, retail media is the main driver.

A recovery of sorts is underway for the UK ad market following a difficult 2023. But as digital now accounts for such a large proportion of total media spending, there is no room for the rapid growth rates of the recent past. Marketers now need to look for the biggest bang for their buck within the wider digital category, with retail media the likeliest destination.

Key Question: Amid a modest recovery following a cost-of-living crisis, what’s driving growth in digital ad spending in the UK?

Key Stat: Digital ad spending now accounts for the vast majority of media spending—82.6% this year. But as the normalized way to trade ad inventory, it will be more susceptible to external economic forces.

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Table of Contents

  1. Executive Summary
  2. Why it’s important to stay on top of this topic
  1. The most important findings
  2. Media Gallery

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    First Published on May 8, 2024

    authors

    Bill Fisher

    Contributors

    Paul Briggs
    Principal Analyst
    Wendy Louie-Lam
    Senior Forecasting Analyst