Telecommunications industry ad spend worldwide 2020-2023

Published by
J. G. Navarro,
Jan 6, 2023
A study on global telecommunications sector suggests that in 2021 the industry will spend 18.7 billion U.S. dollars on advertising. The figure represent a 4.7-percent growth compared to 2020 when the ad spending reached 17.8 billion U.S. dollars.

Telecommunications industry advertising spending worldwide from 2020 to 2023 (in billion U.S. dollars)

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Release date

March 2021

Region

Worldwide

Survey time period

2020

Supplementary notes

*Forecast.
**The Statista estimate is based on the value in 2022 and the compound annual growth rate until 2023 of 4.3 percent, which were provided by the source.
Data based on 12 markets studied for the purpose of the report: Australia, Canada, China, France, Germany, India, Italy, Russia, Spain, Switzerland, the UK and the U.S.; all 12 combined account for 73 percent of total global ad spend.

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