Out of Home global spend hits $46.2bn in 2024 – $49.8bn forecast for 2025 according to WOO Global Expenditure Report
Global OOH spend in 2024 reached $46.2bn (USD) and represented 4.8% of global ADEX – breaking through the $45bn barrier and up 10% on spend for 2023 – OOH media globally has had its best year to date, and OOH spend is forecast to grow to $49.8bn USD in 2025 according to the World Out of Home Organization’s latest Global Expenditure Report.
The Report covers 85 unique territories representing 95% of global GDP and 79% of global population. Unreported territories are modelled from similar territories based on population and total GDP. The Report represents the most comprehensive survey of OOH expenditure globally.
Regionally APAC dominates with 49% of global OOH spend at $22.8bn against 40% of global GDP. North America reports $9.7bn, 22% of the total, which alongside Europe ($9.5bn), LATAM ($2.7bn) and Africa ($1.4bn) track behind their share of GDP – although expenditure reporting in Africa is more challenging in some parts and there may be under-reporting.
Global digital OOH expenditure (DOOH) rose to $17.9bn USD in 2024 representing almost 39% of all OOH revenues and remains the main driver of OOH revenue growth globally.
Investment in DOOH infrastructure varies across the world with APAC and Europe ahead of the global average at 41.6% and 40.8% respectfully. North America at 34.4% , LATAM at 31.1% and Africa at 24.4% of total OOH revenues.
The continued room for growth in DOOH is exemplified by territories that have invested heavily in DOOH screens – of the top 10 markets by overall OOH volume: Australia (74% of OOH revenue), UK (66%), China (46%), Brazil (46%) and South Korea (44%); lead the way in driving growth through DOOH.
our Global Expenditure Report is the biggest and most accurate for the medium
Programmatically traded DOOH grew to a reported total spend of $1.7bn USD globally, representing 9.4% of total DOOH revenues. The approach to data capture is not consistent across all markets so may be under representative of the total revenue traded this way. Programmatic is forecast to reach 10.9% of all DOOH revenues, totaling $2.2bn in 2025.
WOO President Tom Goddard says: “Accurate information is the bedrock of successful media and our Global Expenditure Report is the biggest and most accurate for the medium. It shows that OOH is still growing – even in a media world dominated by the internet – and we are increasing our share against other legacy media too.”
About WOO
The World Out of Home Organization is the only global Out of Home Association, working to promote and improve the OOH industry on behalf of its members. Board members include the major international companies – JCDecaux and Clear Channel – as well as blowUP media from Europe, OUTFRONT Media and Lamar from the US, Provantage from South Africa, oOh!media from Australia, and Asiaray from Hong Kong.
Membership is open to all companies that operate in the OOH sector and, as a non-profit Organization, funds are reinvested in industry issues such as research and the annual international congress. It also aims to lobby for Out of Home advertising with authorities, international organizations, opinion formers and other elements of the communication media. More information is available at www.worldooh.org
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Expectations for accountability grow as well! Great point ‘ooh audit‘