Google and Facebook’s digital-ad dominance challenged by rapid ascent of Amazon and TikTok

Google and Facebook’s digital-ad dominance challenged by rapid ascent of Amazon and TikTok

The traditional dominance of Google and Facebook in digital advertising is facing a growing challenge from Amazon.com Inc., TikTok and streaming services, new research says.

In 2022, Alphabet Inc.’s
GOOGL,
-1.48%

 
GOOG,
-1.46%

Google, Meta Platforms Inc.’s
META,
+1.88%

Facebook and their respective subsidiaries accounted for a combined 48.4% of U.S. digital-ad spending, according to estimates…


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