2 days ago
China now owns 20% of global ad market
China's booming digital economy has boosted its share of the global ad market, challenging the United States' long reign as the world's largest ad market.
China's 20% share of the global ad market is now greater than the country's share of global GDP, according to WPP Media.
Why it matters: Chinese ad sellers are finding enormous success selling ads to audiences globally, especially in the U.S. But U.S. tech giants are still largely banned from China.
By the numbers: Nine of the world's top 25 ad sellers today are Chinese, including TikTok-parent ByteDance, Alibaba, Temu-owner PDD Holdings, Tencent, Baidu, Kuaishou, Meituan and Xiaomi, according to a new ad forecast from WPP Media.
In 2025, the top five advertisers globally are all tech firms and two are Chinese: Google, Meta, ByteDance, Amazon and Alibaba.
In 2011, the top five advertisers globally were mostly U.S. publishers: Google, Viacom and CBS, News Corp and Fox, Comcast and Disney.
Catch up quick: The growth of China's economy and middle class over the past decade laid the foundation for the country's rapid ad expansion. But its mobile-first internet culture accelerated its dominance.
Chinese tech firms have been innovating for the smartphone "to an even greater and faster degree than in other markets which went through a desktop phase first," said Kate Scott-Dawkins, the global president of business intelligence at WPP Media, who authored the report.
Zoom in: Over the past several years, Chinese ad sellers have gained dominance by leaning into AI-fueled retail media innovation.
This year, China's share of all retail media globally is 44.1%, driven by e-commerce giants like and Alibaba, per WPP Media.
But rivals are gaining ground. By 2030, China's share of retail media ad dollars globally is expected to dip to less than 40% as the U.S., U.K. and others scale up, according to Scott-Dawkins.
Zoom out: China's ascent in the global advertising hierarchy mirrors a broader shift in tech and economic influence. Chinese platforms are shaping ad innovation with AI-driven commerce and mobile-first experiences.
Social and entertainment apps like TikTok have supercharged their ad businesses by expanding their live shopping and e-commerce features.
Chinese platforms like TikTok and Temu are rapidly scaling in Western markets. But U.S. tech firms like Google and Meta remain largely blocked from operating in China, limiting the opportunity for reciprocal growth.
