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Advertising media owners' revenue is expected to reach ** billion British pounds in 2022, with close to ** percent attributed to internet advertising. The next highest spending areas for advertising include television and newsbrands. However, newsbrands and magazines are the two media that have seen net adverting spend fall during measured period.

Digital and social media spend

Internet advertising spend accounts for close to of the total spend in the UK. Advertising via the internet allows advertisers to bring promotional content to consumers using online technologies. It includes, among others, advertisements placed on social media platforms and search engines, banner ads on desktop as well as mobile websites and promotional messages delivered via email.

Growth of media spend in the UK

Whether it is for the purpose of increasing sales, product awareness, increasing market share or to promote brand loyalty, the simple fact is that brands will continue to advertise to try and put themselves ahead of the competition. In 2022, the highest growth in ad spend in the UK is forecast for cinema, at over *** percent, followed by digital out-of-home at ** percent. In total, the industry is expected to see **** percent year-on-year growth that year.