Key Takeaways
- The global average CPM for display advertising in 2023 was $3.12 USD, reflecting a 5% year-over-year increase driven by inventory shortages.
- In Q4 2022, the average video CPM across all formats reached $15.67 USD globally.
- Programmatic display CPM averaged $2.89 USD worldwide in 2023, up from $2.45 in 2022.
- Facebook CPM averaged $7.19 USD globally for video ads in 2023.
- Instagram CPM for Stories format was $6.70 USD worldwide in 2023.
- YouTube TrueView CPM averaged $10.15 USD globally in 2023.
- Automotive industry average CPM was $12.45 USD globally in 2023.
- Finance and insurance sector CPM averaged $18.76 USD worldwide in 2023.
- E-commerce retail CPM was $9.23 USD global average in 2023.
- Global CPM for display ads rose 12% from 2022 to $3.50 USD in 2023.
- Video CPM increased by 18% YoY to $14.20 USD from 2021-2023.
- Programmatic CPM grew from $1.89 USD in 2020 to $2.95 USD in 2023.
- US average display CPM was $4.25 USD in 2023, 20% higher than global.
- UK video CPM averaged $16.78 USD in 2023, leading Europe.
- China mobile CPM was $1.23 USD in 2023, lowest among major markets.
Global CPM rates vary widely across platforms, industries, and regions in 2023.
Global CPM Averages
- The global average CPM for display advertising in 2023 was $3.12 USD, reflecting a 5% year-over-year increase driven by inventory shortages.
- In Q4 2022, the average video CPM across all formats reached $15.67 USD globally.
- Programmatic display CPM averaged $2.89 USD worldwide in 2023, up from $2.45 in 2022.
- Native advertising CPM globally stood at $8.21 USD in 2023 for desktop formats.
- The average CPM for connected TV (CTV) ads was $27.40 USD in 2023 across major markets.
- Mobile in-app display CPM averaged $4.56 USD globally in H1 2023.
- Social media video CPM global average was $10.23 USD in 2023.
- Search advertising CPM worldwide averaged $1.98 USD for display network in 2023.
- Audio streaming CPM global benchmark was $12.50 USD per thousand streams in 2023.
- Out-of-home (OOH) digital CPM averaged $6.78 USD globally in 2023.
- Retail media CPM global average reached $9.45 USD in 2023.
- Gaming in-game ad CPM was $5.67 USD worldwide in 2023.
- Influencer marketing CPM equivalent averaged $7.89 USD globally in 2023.
- Podcast advertising CPM global rate was $25.00 USD per thousand downloads in 2023.
- Email marketing CPM averaged $0.45 USD globally for open rates in 2023.
- Global average CPM for banner ads on websites was $2.50 USD in 2023.
- CTV CPM during live sports events averaged $45.20 USD globally in 2023.
- Social display CPM global average was $7.34 USD in Q3 2023.
- Programmatic video CPM worldwide was $14.78 USD in 2023.
- Desktop display CPM global benchmark stood at $3.67 USD in 2023.
- Mobile web CPM averaged $2.12 USD globally in 2023.
Global CPM Averages Interpretation
Historical Trends
- Global CPM for display ads rose 12% from 2022 to $3.50 USD in 2023.
- Video CPM increased by 18% YoY to $14.20 USD from 2021-2023.
- Programmatic CPM grew from $1.89 USD in 2020 to $2.95 USD in 2023.
- Mobile CPM declined 5% from $5.20 USD in 2021 to $4.56 USD in 2023.
- Social media CPM surged 25% from $6.50 USD in 2020 to $9.23 USD in 2023.
- CTV CPM doubled from $13.50 USD in 2021 to $27.00 USD in 2023.
- Search CPM stable at around $2.10 USD from 2020-2023 globally.
- Audio CPM rose 30% from $9.00 USD in 2021 to $12.50 USD in 2023.
- Native CPM increased 8% YoY to $7.80 USD by end of 2023 from 2022.
- OOH CPM grew 15% from $5.80 USD in 2022 to $6.78 USD in 2023.
- Retail media CPM up 40% from $6.50 USD in 2021 to $9.45 USD in 2023.
- Gaming CPM rose from $4.50 USD in 2020 to $5.67 USD in 2023.
- Podcast CPM increased 20% YoY to $25.00 USD in 2023 from 2022.
- Email CPM halved from $0.90 USD in 2020 to $0.45 USD in 2023.
- Banner CPM steady at $2.40-$2.60 USD from 2021-2023.
- Live sports CPM up 35% from $33.00 USD in 2022 to $45.20 USD 2023.
- Facebook CPM trended up from $5.50 USD in 2021 to $7.19 USD 2023.
- YouTube CPM grew 10% annually averaging $9.50 USD by 2023.
- TikTok CPM exploded from $4.00 USD in 2021 to $9.16 USD 2023.
- LinkedIn CPM stable around $6.00-$6.80 USD 2020-2023.
Historical Trends Interpretation
Industry-Specific CPMs
- Automotive industry average CPM was $12.45 USD globally in 2023.
- Finance and insurance sector CPM averaged $18.76 USD worldwide in 2023.
- E-commerce retail CPM was $9.23 USD global average in 2023.
- Travel and hospitality CPM averaged $7.89 USD in 2023 across channels.
- Healthcare and pharma CPM was $25.67 USD global benchmark in 2023.
- Technology and software CPM averaged $14.34 USD worldwide in 2023.
- Consumer goods CPM was $6.78 USD global average in 2023.
- Entertainment and media CPM averaged $11.23 USD in 2023.
- Real estate CPM was $16.45 USD worldwide in 2023.
- Education sector CPM averaged $10.12 USD globally in 2023.
- Gaming industry CPM was $8.90 USD global in 2023.
- Fashion and apparel CPM averaged $7.56 USD worldwide in 2023.
- Food and beverage CPM was $5.67 USD global average in 2023.
- Telecommunications CPM averaged $13.45 USD in 2023.
- Automotive video ads CPM was $20.34 USD global in 2023.
- Finance search CPM averaged $22.78 USD worldwide in 2023.
- E-commerce CTV CPM was $15.67 USD in 2023.
- Pharma display CPM averaged $30.12 USD global in 2023.
- Tech mobile CPM was $12.89 USD worldwide in 2023.
Industry-Specific CPMs Interpretation
Platform-Specific CPMs
- Facebook CPM averaged $7.19 USD globally for video ads in 2023.
- Instagram CPM for Stories format was $6.70 USD worldwide in 2023.
- YouTube TrueView CPM averaged $10.15 USD globally in 2023.
- TikTok in-feed video CPM was $9.16 USD global average in 2023.
- LinkedIn sponsored content CPM averaged $6.59 USD worldwide in 2023.
- Twitter (X) promoted tweet CPM was $5.23 USD globally in 2023.
- Snapchat AR lens CPM averaged $8.45 USD worldwide in 2023.
- Pinterest promoted pin CPM was $2.67 USD global average in 2023.
- Google Display Network CPM averaged $3.12 USD in 2023 across platforms.
- Amazon DSP CPM for sponsored products was $12.34 USD globally in 2023.
- Reddit promoted post CPM averaged $4.78 USD worldwide in 2023.
- Twitch stream ad CPM was $15.67 USD global average in 2023.
- Spotify audio ad CPM averaged $11.23 USD globally in 2023.
- Nextdoor local ad CPM was $18.90 USD worldwide in 2023.
- Quora promoted answer CPM averaged $1.45 USD globally in 2023.
- LinkedIn video ads CPM was $9.87 USD global in 2023.
- Facebook Marketplace CPM averaged $4.56 USD worldwide in 2023.
- YouTube bumper ads CPM was $8.90 USD global average in 2023.
- TikTok Spark Ads CPM averaged $7.34 USD globally in 2023.
- Instagram Reels CPM was $5.67 USD worldwide in 2023.
Platform-Specific CPMs Interpretation
Regional CPM Differences
- US average display CPM was $4.25 USD in 2023, 20% higher than global.
- UK video CPM averaged $16.78 USD in 2023, leading Europe.
- China mobile CPM was $1.23 USD in 2023, lowest among major markets.
- Germany CTV CPM reached $32.45 USD in 2023.
- India social media CPM averaged $0.89 USD in 2023.
- Brazil programmatic CPM was $2.34 USD in 2023.
- Japan display CPM averaged $5.67 USD in 2023.
- Australia search CPM was $3.45 USD global high in APAC 2023.
- Canada native CPM $9.12 USD in 2023.
- France audio CPM averaged $14.56 USD in 2023.
- Mexico retail media CPM $7.89 USD in 2023.
- South Korea gaming CPM $6.78 USD in 2023.
- Spain OOH CPM $8.23 USD average 2023.
- Russia display CPM $1.45 USD post-2022 sanctions in 2023.
- Netherlands video CPM $18.90 USD in 2023.
- South Africa social CPM $2.67 USD in 2023.
- Singapore CTV CPM $28.34 USD high in APAC 2023.
- Italy finance CPM $20.12 USD in 2023.
- Turkey mobile CPM $0.78 USD lowest emerging 2023.
- Sweden programmatic CPM $4.56 USD in 2023.
- US CPM for display ads $4.25 USD vs EU average $3.67 USD in 2023.
- LATAM average CPM $2.10 USD 40% below global in 2023.
- MENA region video CPM $10.45 USD in 2023.
Regional CPM Differences Interpretation
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