Projected Global TikTok advertising revenue set to hit $53.95bn by 2027

Wed, Sep 6, 2023
By editor
1 MIN READ

Media

THE global TikTok advertising revenue is set to reach $ 53.95 billion by 2027, according to TradingPlatforms.com.

This comes shortly after TikTok announced its global advertising revenue of nearly $12 billion in 2022.

The site’s financial analyst, Edith Reads, comments, “Over the years, TikTok has gained massive traction, especially from Gen Z, who value the space it provides for self-expression and interest exploration.

The projected results for 2027 only speak volumes of the desire for businesses, small and huge alike, to interact with the new generation and promote their products, potentially bringing more returns.”

A.

-September. 06, 2023 @ 11:45 GMT |

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