advertising technology
GlobeNewswire
Published on : Dec 16, 2024
GroupM, WPP’s leading media investment group, and PubMatic, an independent digital advertising technology company, have expanded their global partnership to enhance the GroupM Premium Marketplace (GPM) in the LATAM region. This strategic move offers GroupM clients in LATAM direct access to PubMatic’s premium publisher inventory, bringing more transparency and efficiency to the region’s growing programmatic advertising ecosystem.
1. Unified Programmatic Market for LATAM
2. Access to High-Quality Publisher Inventory
3. Streamlined Buying for LATAM Clients
4. Commitment to Transparency and Supply Path Optimization (SPO)
This collaboration responds to the growing demand for programmatic advertising in LATAM, where ad spending surged from $5.2 billion in 2017 to $16.77 billion in 2023. Projections indicate the market will reach $23.6 billion by 2028.
Through this partnership, GroupM and PubMatic will not only tap into this burgeoning market but also drive the region towards a more transparent, efficient, and valuable supply chain, addressing the needs of both advertisers and publishers.
The expanded partnership between GroupM and PubMatic signifies a major step towards enhancing programmatic advertising in LATAM. By offering greater transparency, efficiency, and access to high-quality inventory, this collaboration is set to drive the region’s advertising industry forward while meeting the rising demand for programmatic ad spend.