The source forecast that, in 2024, digital retail media advertising spending in Latin America will skyrocket by over 49 percent, following a similar estimated growth rate in the previous year. Brazil, Mexico, and Argentina were Latin America's leading ad markets by ad expenditure.
Annual change in digital retail media advertising spending in Latin America in 2023 and 2024
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GroupM. (December 4, 2023). Annual change in digital retail media advertising spending in Latin America in 2023 and 2024 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1441269/annual-change-digital-retail-media-ad-spend-latin-america/
GroupM. "Annual change in digital retail media advertising spending in Latin America in 2023 and 2024." Chart. December 4, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1441269/annual-change-digital-retail-media-ad-spend-latin-america/
GroupM. (2023). Annual change in digital retail media advertising spending in Latin America in 2023 and 2024. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1441269/annual-change-digital-retail-media-ad-spend-latin-america/
GroupM. "Annual Change in Digital Retail Media Advertising Spending in Latin America in 2023 and 2024." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1441269/annual-change-digital-retail-media-ad-spend-latin-america/
GroupM, Annual change in digital retail media advertising spending in Latin America in 2023 and 2024 Statista, https://www.statista.com/statistics/1441269/annual-change-digital-retail-media-ad-spend-latin-america/ (last visited December 30, 2024)
Annual change in digital retail media advertising spending in Latin America in 2023 and 2024 [Graph], GroupM, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1441269/annual-change-digital-retail-media-ad-spend-latin-america/