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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

IAB: Digital Video Ad Spend Will Jump 16% in 2024

Person watching YouTube on a TV set.

Spending on digital video advertising is expected to jump 16% to $62.9 billion in 2024, according to a new forecast from the Interactive Advertising Bureau.

The increase follows a 15% jump in 2023 and a 21% hike in 2022 and will easily outpace the growth in total advertising spending, IAB said.

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