Ad revenue market growth 2023 Q3

A few of the biggest companies have released their Ads revenue and all of them have grown year on year:

– Amazon 26% total: 12,060 million
– Google 9,5% total: 59.647 million
– Meta 21% total: 33,643 million
– Snapchat 5% total: 1,189 million
– Microsoft 10% total: (could not find, estimate from Imran Ansari 🤓 3,300 million)

Hopefully, all the advertisers are getting enough value for the extra dollars they gave to these companies 💸 .

It’s also interesting to see that Microsoft is not really winning market share although a lot of people thought that with the acquisition of ChatGPT that would happen.

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