Trend overview
Google and Facebook are the two largest players in the digital advertising market, and are growing faster than the remainder of the market. According to projections by eMarketer, Google will account for 33% of the $223.7bn global digital market in 2017, with Facebook – including its Instagram platform – taking a 16.2% market share. The next largest competitor, China's e-commerce giant Alibaba, will have a 7.8% share of the market.
By 2018, eMarketer estimates that Google and Facebook will have a combined market share of over 50% – a dominance which has seen the two companies described as...