India's internet advertising market to reach $7.9 billion by 2027 with 12.3% CAGR: PwC
newscatcher
2023-07-19 15:31
India's internet advertising market to reach $7.9 billion by 2027 with 12.3% CAGR: PwC
India's internet advertising market is expected to grow at a CAGR of 12.3% and see the total revenue climb to $7.9 billion by 2027, according to PwC's Global Entertainment and Media Outlook 2023-2027. Global internet advertising market growth fell from 30.8% in 2021 to 8.1% in 2022, leading to a total market value of $484 billion for the year. In contrast, India's internet advertising market, among the fastest growing in the world, increased 35.3%, from $3.3 billion in 2021 to $4.4 billion in 2022.

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