Online advertising revenue in the U.S. 2000-2023
Online advertising revenue in the United States grew by 7.3 percent in 2023 compared to 2022, from 210 billion to 225 billion U.S. dollars. The figure first surpassed 100 billion dollars in 2018 and 200 billion in 2022, owing to the emergence of new channels and formats including digital audio (podcasts and streaming) and digital video (streaming and CTV) as well as strong growth from retail media.
Online advertising at a glance
Search is the dominating internet advertising format in the United States, accounting for 41.4 percent of the country's digital advertising revenue. Display follows, accounting for 30 percent of ad revenue, while 21 percent is attributed to digital video ads. The largest revenue share came from the performance-based pricing model, where buyers pay for quantifiable user reactions to online advertising. Cost per click, sales and leads are a few examples of such reactions. Close to 63 percent of online ad revenue is generated via this type of pricing model, while 35 percent were priced based on cost-per-mille.
Consumer attitudes to online ads
In a 2022 survey it was found that 41 percent of U.S. were often annoyed by ads on the internet. Unsurprisingly, younger generations in the United States were more influenced by social media advertising when it came to making purchasing decisions.
Online advertising at a glance
Search is the dominating internet advertising format in the United States, accounting for 41.4 percent of the country's digital advertising revenue. Display follows, accounting for 30 percent of ad revenue, while 21 percent is attributed to digital video ads. The largest revenue share came from the performance-based pricing model, where buyers pay for quantifiable user reactions to online advertising. Cost per click, sales and leads are a few examples of such reactions. Close to 63 percent of online ad revenue is generated via this type of pricing model, while 35 percent were priced based on cost-per-mille.
Consumer attitudes to online ads
In a 2022 survey it was found that 41 percent of U.S. were often annoyed by ads on the internet. Unsurprisingly, younger generations in the United States were more influenced by social media advertising when it came to making purchasing decisions.
