The online advertising market is growing steadily: by 7.5% to 64 billion crowns in 2024
In 2024, online advertising spending reached 64 billion crowns, up 7.5% year-on-year. Display advertising (+9.5%) and search advertising (+3%) contributed the most to the growth in absolute terms. In terms of the method of trading advertising space, programmatic display advertising purchases grew by 11%. The growth estimate for 2025 is 6.7%. These data come from research on the performance of internet advertising conducted for the Association for Internet Progress (SPIR) by the Median agency.
The research was conducted in January and February 2025 and involved internet operators, media, digital and specialized agencies, advertising networks, and direct advertisers. The research methodology and its modifications for the year 2024 are described in detail here.
In 2024, advertisers invested a record 64 billion crowns in online advertising, in a combination of list and net prices. This is the highest amount ever, representing a year-on-year increase of 7.5% and confirming the long-term growth trend in online advertising.
„The steady growth of investments in online advertising is positive news for the entire digital ecosystem. Thanks to high-quality content and effective business models, we are able to maintain the trust of advertisers in online as the most important media type,” says Michal Hanák, chairman of the SPIR board.
A similar pace is expected for 2025, with an estimated growth of 6.7%, which could bring total investments to 68.3 billion crowns. However, the research participants traditionally choose rather cautious forecasts.
The largest portion of advertising expenditures is allocated to comprehensive (display) advertising (46.2 billion CZK in combined prices). Display advertising includes advertising in content networks (especially networks like Seznam Sklik, Google Ads, and Facebook), advertising traded in RTB format, and native advertising. The second most used form of advertising is search advertising, into which advertisers invested 16.5 billion CZK in net prices. For catalog entries and classified advertising, media declared revenues of 1.2 billion CZK in ratecard prices.
From the total display advertising, video advertising constituted a 31% share (14.5 billion CZK) increasing by 12% year-on-year. Native advertising made up a 12% share (5.3 billion CZK), increasing by 10% year-on-year.
The share of mobile display advertising (advertising on mobile devices and advertising targeted at mobile devices) from the total display advertising was 56% (23.9 billion CZK), increasing by 14% year-on-year.
Programmatic advertising, which relates to space in advertising content networks and the RTB (Real-Time Bidding) method of sale, together constituted a 73% share of the entire display advertising (33.8 billion CZK) and increased by 11% year-on-year.
Programmatic display includes advertising performance of content networks (such as Seznam Sklik, Google Ads, Facebook, Instagram, and others) and also the performance of advertising through DSP/SSP systems.
Long-term growth is clearly evident in display advertising and search advertising. In display advertising, all its components are growing, but mobile advertising has seen the most significant increase.
thous. CZK | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|
Display * | 9 967 379 | 10 481 447 | 14 164 675 | 16 400 893 | 20 139 248 | 24 207 282 | 26 998 476 | 32 577 960 | 39 971 065 | 42 205 098 | 46 203 750 |
Paid Search ** | 3 360 886 | 3 656 319 | 4 663 124 | 5 857 274 | 7 321 593 | 9 005 559 | 11 273 892 | 14 317 843 | 15 606 449 | 16 059 742 | 16 541 534 |
Classifieds and directories |
1 256 196 | 906 356 | 899 652 | 1 052 715 | 1 124 984 | 1 152 238 | 1 230 314 | 1 361 078 | 1 232 053 | 1 209 881 | 1 185 631 |
TOTAL | 14 584 461 | 15 044 122 | 19 727 451 | 23 310 883 | 28 585 825 | 34 365 080 | 39 502 681 | 48 256 881 | 56 809 567 | 59 522 255 | 63 977 738 |
Display advertising in 2024 recorded a 9.5% growth. Search advertising last year increased by 3%. Catalogs and classified ads experienced a 2% decline last year. Overall, online advertising grew by 7.5% in 2024 and 7% growth is estimated for 2025.
Growth estimates are annually conservative for research participants, and actual real growths are usually higher than the cautious expectations.
In the interest of objectivity and protection of sensitive data, the Median agency was commissioned to interrogate and process the results. The research was conducted during January and February 2025, and was based on the current annual financial statements of individual entities. The performance of all types of advertising was based on the declared performance of individual content providers, agencies, direct advertisers and ad network operators.
More information about the used terminology and a description of the methodology.
Press Release - Online Adspends 2024
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