Advertising & PromotionOmdia research reveals TikTok advertising revenues will exceed META and YouTube’s combined video ad revenues by 2027
New research from Omdia shows online video advertising will generate over $331bn in 2027 and 37% of those revenues will belong to just one company, TikTok. “Advertisers are beginning to move away from META and YouTube and towards TikTok to reach their vast follower base,” said Maria Rua Aguete Senior Director in Omdia’s Media and Entertainment practice group. “In the USA, TikTok has overtaken other social media platforms to become the most popular place to watch videos. Our trackers...