
Leading advertisers worldwide in 2023, by advertising spending
In 2023, Amazon once again topped the global ranking of highest-spending advertisers, having invested over 20 billion U.S. dollars in advertising that year. L'Oréal and Procter & Gamble (P&G) followed with ad expenditures of around 14.4 billion and 12.7 billion dollars, respectively. According to another source, ad revenues worldwide were forecast to reach 1.1 trillion dollars in 2025.