UK Ad Spending 2023

Digital Growth Hits a Historic Low, but CTV Offers a Bright Spot

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About This Report
The UK ad market is under as much pressure as it’s ever faced. But while spending growth will hit a historical low, there are some positive signs for advertisers with experimentation away from the duopoly a very real possibility.
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Report Snapshot

It will be a tough year for the UK ad market amid challenging economic conditions. But while growth will be muted, even for digital advertising, there will be some bright spots, connected TV (CTV) chief among them.

Key Question: Just how much of a negative impact will current economic conditions have on the UK’s ad market?

KEY STAT: UK digital ad spending growth will hit its lowest rate since we started tracking it in 2009. There will be a rebound next year, but spending won’t catch up to our prior forecast.

authors

Bill Fisher

Contributors

Oscar Bruce Jr.
Senior Forecasting Analyst
Jennifer Merritt
Vice President, Content
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