Magnite cites 25% targeted CTV growth and innovation-led expansion
Magnite says CTV revenue is growing faster than the market, targeting a 25% CAGR long term. It also points to DOJ remedies benefits, especially in open web, plus agentic tech and mobile in-app ads innovation.
CTV revenue is growing faster than the market, supported by upselling and global expansion, with a 25% CAGR targeted over the long term. The company said DOJ remedies are expected to benefit the business, especially in open web, while innovation in agentic tech and mobile in-app ads is supporting future growth.