The total brand value of the BrandZ Top 100 grew by a record 21% in the last year, adding almost $750 billion to the ranking, now valued at $4.4 trillion
– China accounts for the three fastest rising brands as the country’s brands grow at double the pace of US brands
Bingeing on Netflix boxsets, sharing stories on Facebook and downloading content from Apple’s iTunes have contributed to a record year of brand value growth in the 2018 BrandZTM Top 100 Most Valuable Global Brands ranking released today by WPP and Kantar Millward Brown.
The increasing use of data-driven, intelligence-led technologies – such as artificial intelligence (AI) and augmented reality (AR) – alongside creative marketing approaches has allowed many brands to build a more in-depth understanding of their customers and deliver convenience, personalised content and exceptional brand experiences.
Eight out of the Top 10 are technology or tech-related brands. This category continues to dominate the rankings with Google and Apple retaining the number 1 and 2 spots, growing +23% to $302.1 billion and +28% to $300.6 billion respectively. Amazon moved into the no.3 position ahead of Microsoft, growing +49% to $207.6 billion, while Tencent rose to no.5 ahead of Facebook (no.6) growing +65% in brand value to $179 billion, up three places from last year’s ranking.
David Roth, WPP, says: “We’ve seen the biggest ever rise in brand value this year, driven by growth across all categories. Both new and established players have seen the payoff in being bold and adopting a long-term outlook towards brand-building.
“WPP’s own focus is on providing innovative approaches for our clients that combine data and technology with world-class creativity. Those companies that invest in intelligence-led marketing and back their brands with the power of creativity and ideas will be the winners in today’s world of innovation, disruption and change.”
The total brand value of the BrandZ Top 100 grew by a record 21% in the last year, adding almost $750 billion to the ranking, now valued at $4.4 trillion
- China accounts for the three fastest rising brands as the country's brands grow at double the pace of US brandsBingeing on Netflix boxsets, sharing stories on Facebook and downloading content from Apple's iTunes have contributed to a record year of brand value growth in the 2018 BrandZTM Top 100 Most Valuable Global Brands ranking released today by WPP and Kantar Millward Brown.
The increasing use of data-driven, intelligence-led technologies - such as artificial intelligence (AI) and augmented reality (AR) - alongside creative marketing approaches has allowed many brands to build a more in-depth understanding of their customers and deliver convenience, personalised content and exceptional brand experiences.
Eight out of the Top 10 are technology or tech-related brands. This category continues to dominate the rankings with Google and Apple retaining the number 1 and 2 spots, growing +23% to $302.1 billion and +28% to $300.6 billion respectively. Amazon moved into the no.3 position ahead of Microsoft, growing +49% to $207.6 billion, while Tencent rose to no.5 ahead of Facebook (no.6) growing +65% in brand value to $179 billion, up three places from last year's ranking.
David Roth, WPP, says: "We've seen the biggest ever rise in brand value this year, driven by growth across all categories. Both new and established players have seen the payoff in being bold and adopting a long-term outlook towards brand-building.
"WPP's own focus is on providing innovative approaches for our clients that combine data and technology with world-class creativity. Those companies that invest in intelligence-led marketing and back their brands with the power of creativity and ideas will be the winners in today's world of innovation, disruption and change."
