Social Ad CPMs Forecast 2024

Rates Are Rising, With TikTok Leading the Pack

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About This Report
After experiencing downturns in recent years, social CPMs are on the rise again in the US, per our forecasts. That’s a sign that brands could invest more in social media ads amid optimism about the economy.
Table of Contents

Social CPMs have increased YoY—as have impressions—according to our forecasts. That’s an indication that advertisers are competing for eyeballs across growing areas like social video and social commerce as the economic outlook improves.

Key Question: How are CPM rates trending across major social media platforms in the US?

Key Stat: CPMs at Meta, TikTok, Snapchat, and YouTube are all expected to increase in Q1 2025, with TikTok seeing double-digit (15.6%) growth YoY.

authors

Minda Smiley

Contributors

Rahul Chadha
Director, Report Editing
Vladimir de Leon
Chart Editor
Jasmine Enberg
Vice President and Principal Analyst
Donte Gibson
Senior Charts Editor
Chuck Rawlings
Senior Researcher
Sakina Thanawala
Copy Editor
Emman Velasco
Chart Editor
Paul Verna
VP, Content
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