Retail Media Ad Spending Forecast H1 2023

As Retailers Race to Innovate, Ad Buyers Scramble to Keep Up

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About This Report
Healthy growth will obscure the upheaval that retail media’s evolution is causing. Retailers racing to think more like publishers—and brands trying to rethink the value of retail media—are feeling some strain.
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Executive Summary

Retail media should become one of digital media’s most important channels. But neither the buy nor sell sides have fully addressed the issues keeping the channel from maximizing its growth, including organizational challenges and measurement inconsistency.

Key Question: What is driving and hindering the growth of retail media ad spending?

KEY STAT: We expect advertisers to pour more than $45 billion into retail media ad spending in 2023.

Download
Share
About This Report
Healthy growth will obscure the upheaval that retail media’s evolution is causing. Retailers racing to think more like publishers—and brands trying to rethink the value of retail media—are feeling some strain.
Table of Contents

authors

Max Willens

Contributors

Evelyn Mitchell-Wolf
Senior Analyst, Digital Advertising & Media
Peter Newman
Senior Forecasting Analyst
Paul Verna
Principal Analyst
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