Digital Advertising Benchmarks 2024

Industry averages for CPM, CPC, and CTR across platforms, industries, and regions

Global Avg CPM

$6.45

↑ 8% YoY

Global Avg CPC

$2.32

↑ 5% YoY

Global Avg CTR

1.91%

↓ 2% YoY

Avg Conv. Rate

3.75%

↑ 12% YoY

Platform Performance Benchmarks
PlatformAvg CPMAvg CPCAvg CTRConv. RateBest For
Google Search$38.40$2.693.17%4.40%High-intent traffic
Google Display$2.80$0.630.46%0.89%Brand awareness
Facebook Ads$7.19$1.720.90%9.21%Social engagement
Instagram Ads$6.70$1.351.08%1.08%Visual products
LinkedIn Ads$6.59$5.260.44%2.35%B2B marketing
YouTube Ads$9.68$3.210.65%1.84%Video content
TikTok Ads$10.00$1.001.50%1.00%Gen Z audience
Twitter Ads$6.46$0.380.86%0.69%Real-time marketing
Key Industry Insights for 2024

📈 Rising Trends

  • • Mobile CPMs up 15% YoY as mobile traffic dominates
  • • Video ads showing 2x higher engagement rates
  • • Programmatic buying now accounts for 88% of display
  • • CTV/OTT advertising growing at 29% annually

⚠️ Important Changes

  • • iOS privacy changes increased CPMs by 20-30%
  • • Cookie deprecation affecting retargeting costs
  • • AI-powered bidding reducing manual optimization
  • • First-party data becoming premium (3x value)
How to Use These Benchmarks

✅ Do:

  • Use benchmarks as a starting point for budget planning
  • Compare your performance to identify optimization opportunities
  • Adjust expectations based on your specific industry and region
  • Track trends over time to spot market changes

❌ Don't:

  • Expect to match benchmarks exactly (every business is unique)
  • Ignore your own historical data in favor of benchmarks
  • Use global averages for local campaigns
  • Focus only on cost metrics without considering quality

Ready to Beat These Benchmarks?

Use our free calculators to analyze your campaign performance and find optimization opportunities.