Spotlight

Report:

The Forrester Wave™: Creative Advertising Technologies, Q4 2024

How does Forrester define the Creative Advertising Technologies market in 2024?

Creative adtech consolidates solutions for creative automation, personalization, and intelligence into holistic platforms. The market evolved from dynamic creative optimization (DCO) into omnichannel platforms that rehabilitate the value exchange between advertisers and consumers in response to privacy concerns and data deprecation. Leading vendors synergize creative and media workflows, extend competencies across channels (closed and open ecosystems), and rigorously apply AI with unique signals. The evaluation assesses nine providers across 35 criteria to help B2C marketing professionals select the right creative advertising technology solution.

Key Facts for The Forrester Wave™: Creative Advertising Technologies, Q4 2024 in 2024

How did the Creative Advertising Technologies market evolve in 2024?

What product features are required to be included in this year's evaluation?

What are the common features of top products in the Creative Advertising Technologies space?

No common features specified.

Scope Exclusions

Inclusion Criteria

Vendors must, among other requirements:

Offering Strengths — Relative Weighting

Strategy Strength — Relative Weighting

FAQs

Q: What does this research cover?

A: This research covers a 35-criterion evaluation of nine creative advertising technology providers across current offering, strategy, and market presence dimensions. It evaluates vendors' capabilities in creative automation, personalization, intelligence, cross-channel functionality, AI applications, and partnerships. The assessment identifies Leaders, Strong Performers, and Contenders based on materials provided by July 30, 2024.

Q: Who should use this research?

A: B2C marketing professionals should use this research to select the right creative advertising technology provider for their needs. It helps brands, agencies, and publishers evaluate vendors based on their specific requirements such as workflow integration, channel expertise, DCO capabilities, creative intelligence, genAI features, retail media support, and cross-functional collaboration between creative and media teams.

Q: What are the mandatory features of vendors included in this market?

A: To be included in this Forrester Wave evaluation, vendors must demonstrate: 1) Primary focus on proprietary creative advertising technologies as their core business, 2) Comprehensive solutions with proprietary creative advertising technologies that span various channels (display, video, social, TV, etc.) and multiple aspects of the creative process (production, personalization, intelligence, activation), and 3) Significant mindshare where Forrester clients regularly mention the vendor's relevance in inquiries, guidance sessions, advisories, and consulting engagements. These criteria ensure evaluated vendors represent meaningful options for B2C marketing professionals seeking enterprise-grade creative advertising technology solutions.

Q: What are some reasons for not being included in this report?

A:

  • Primary business focus is not on creative advertising technologies (e.g., primarily media buying platforms, general marketing clouds, or design tools)
  • Solution scope too narrow - only addresses one aspect of creative process or limited to single channel
  • Insufficient market presence - lacks mindshare among Forrester's client base in inquiries and advisory sessions
  • Declined to participate in the evaluation process
  • Provided only partial participation or incomplete information for the evaluation
  • Solutions are not proprietary (primarily resellers or service providers without technology platform)
  • Vendor does not meet minimum threshold for comprehensive creative lifecycle support across production, personalization, and intelligence

Q: What should buyers consider when evaluating products in this market?

A:

  • Ability to span entire creative workflows from brainstorming to learning how creative variables perform
  • Cross-channel credibility spanning closed and open ecosystems with deep partnerships across walled gardens and open internet
  • Sophisticated application of AI (both predictive and generative) mixed with unique signals for performance
  • Integration capabilities between creative and media teams to create a single source of truth
  • Support for feed-based personalization and data inputs across channels
  • Quality of decisioning and cross-channel sequencing capabilities
  • Strength of identity solutions and approach to data deprecation challenges
  • Channel expertise versus omnichannel breadth trade-offs
  • Service model fit (self-service versus managed service requirements)
  • Training and support quality and responsiveness
  • Pricing flexibility and transparency relative to your media spend and usage patterns

Q: How has the Creative Advertising Technologies market evolved in 2024?

A:

  • Market consolidation from point solutions to holistic platforms combining creative automation, personalization, and intelligence
  • Shift from invasive audience targeting to creative-led performance optimization
  • Integration of predictive and generative AI across creative processes and formats
  • Cross-functional collaboration between creative and media teams enabled by unified platforms
  • Data deprecation driving need for alternative signals including API integrations, proprietary identifiers, and clean rooms
  • Omnichannel advertising necessitated by consumer fragmentation across channels, devices, and formats
  • Evolution from DCO-focused tools to full creative lifecycle management
  • Deep partnerships across walled gardens and the open internet becoming critical for sustained growth

Q: What differentiates Strength of Offering vs. Strength of Strategy?

A: Current Offering evaluates a vendor's existing capabilities and functionalities across the creative lifecycle, including production tools (asset management, templates, authoring, resizing), intelligence capabilities (predictive analytics, generative AI, quality assurance), activation features (decisioning, sequencing, ad serving), channel coverage (display, video, TV, social, retail media), and support services. Strategy assesses a vendor's future direction and market positioning, including their vision for the market, innovation approach, product roadmap, partnership ecosystem strength, market adoption levels, and pricing models. Offering focuses on what vendors can do today, while Strategy evaluates where they're going and how they'll get there.

Reference

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