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Industries with the highest TikTok advertising spending worldwide from 2020 to 2023 (in million U.S. dollars)

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Sources

Release date

March 2023

Region

Worldwide

Survey time period

2020 and 2021

Supplementary notes

* Forecast.

Citation formats

TikTok ad revenue worldwide 2020-2023, by industry

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 26, 2023

In 2020, TikTok advertising spending of the global clothing and accessories industry stood at ** million U.S. dollars. The source expects the expenditure to increase to **** billion U.S. dollars by the end of 2023. For the retail industry, the spending is projected to increase from ** million to **** billion in the same time period.

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