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- US Digital Advertising Market Report 2021
US Digital Advertising Market Report 2021
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Providing the most comprehensive and up-to-date information and analysis of the US Digital Advertising market including the behaviors, preferences, and habits of the consumer.
Digital advertising is an essential component of marketing strategies for large multinationals as well as smaller local brands. In an increasingly digital age, brands cannot afford to not have a digital presence and must supplement that presence with a sound digital marketing strategy.
COVID-19 drove consumers to increase their digital activity, including social media consumption. Due to increased use, about half of all consumers can recall a social media ad within the past three months. The digital ad industry has thrived due to the tracking and attribution capabilities of digital ads, allowing marketers to accurately measure their performance in the online space. The movement toward privacy, control, and a cookieless future could put unprepared marketers at a disadvantage.
Digital advertising revenue will end 2021 at an estimated $162 billion, a nearly 16% increase from 2020. The category will only become more important for brands as consumers continue to engage in digital activities moving forward, particularly in digital video advertising, which will play a significant and cost-effective branding opportunity for marketers. On account of the wide variety of digital channels available to consumers, brands will need to understand their audience’s digital behaviors and their responses to digital ads to maximize engagement and build out their brand awareness.
Read on to discover more about the US Digital Advertising consumer market, read our US Retail and eCommerce & the Impact of COVID-19 | One Year Later 2021 report, or take a look at our other Ecommerce and Online Shopping research reports.
Brands include: Apple, Google, Disney, WarnerMedia, Disney+ HBO Max, Facebook, Nielsen, Amazon, YouTube, Alphabet, WhatsApp, Messenger, Instagram, Snapchat, TikTok, Oculus, Spotify, Pandora, Apple Music, Amazon Music, Twitter, The Trade Desk, Cars.com, Libra, Hulu, Peacock.
This report, written by Buddy Lo, a leading analyst in the Technology and Consumer Electronics sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
In a world where digital behaviors and digital media consumption increased post COVID-19, it has never been more important for brands to have a strong, comprehensive, efficient digital marketing strategy for success in the marketplace. Digital activities are on the rise across the board, and brands that do not leverage the vast arrays of media sources and technology to reach their customers will lose out to their competitors who do.
Buddy Lo
Sr. Technology and Consumer Electronics Analyst
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