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12 Top Programmatic Advertising Platforms in 2023

Programmatic advertising is witnessing an impressive growth rate in recent times with global ad spending approaching 557.56 billion U.S. dollars. 

Stats on programmatic advertising global historical and projected spending.

Programmatic advertising has a track record of helping marketers reach relevant customers throughout their path to purchase, effectively accelerating conversion and boosting revenue. Other benefits include reduced ad cost, better optimization, improved ad management, and more.

If you're looking to invest in programmatic advertising, the first thing on your mind would be to determine the best platform to partner with. 

This guide explores 12 of the best programmatic advertising platforms that can help your business achieve marketing success in 2023 and beyond. We'll compare platforms based on several criteria, including pricing, ad inventory quality, audience targeting, and anti-fraud/safety measures.

What Is Programmatic Advertising?

Programmatic advertising streamlines the buying and selling of ad space using automated technology, making the process more efficient and precise. This automation ensures ads reach specific audiences based on data-driven decisions. Through real-time bidding or direct buys, marketers can secure prime digital real estate without traditional manual negotiations, optimizing their ad placements and targeting capabilities. As a result, brands can ensure they're reaching the right individuals with relevant content at opportune moments.

How Programmatic Advertising Works

Here's a great scheme by Publift that sums up how programmatic advertising works:

Programmatic advertising scheme
How programmatic works
  1. When a user lands on a website with programmatic ad placements, the website sends the visitor's data to an ad exchange.
  2. The ad exchange evaluates the user's data, including browsing behavior and demographic details. This data is then presented to advertisers in real time, and an auction begins.
  3. Advertisers, using demand-side platforms (DSPs), review this information and determine the value of displaying their ad to this particular user. They then place a bid based on this evaluation.
  4. Once the bidding is completed, the ad exchange chooses the highest bid and grants the winning advertiser the ad space.
  5. Almost instantaneously, the chosen ad loads onto the user's webpage, ideally aligning with the user's interests and behaviors.
  6. After the ad is displayed, feedback metrics such as clicks, impressions, and conversions are collected. This data helps advertisers refine their future bidding strategies and targeting criteria.

The Challenges of Programmatic Advertising

While programmatic advertising offers numerous benefits, it also poses substantial challenges. Marketers often face issues with data integration, campaign tracking, and reporting. Here, we’ll explore these challenges in more detail and discuss potential solutions.

Inconsistent Taxonomy of Marketing Campaigns

One of the biggest challenges in programmatic advertising is the inconsistent taxonomy of programmatic campaigns. Campaigns can have different naming conventions and UTM structures, making it hard to accurately measure the effectiveness of marketing efforts, optimize campaigns, allocate budgets effectively, and make data-driven decisions.

A joint study found that 15% of media spending ($3.24bn) could not be attributed to any conversions or goal completions, highlighting the need for accountability and transparency.

One solution to this challenge is to use a marketing analytics platform that standardizes and consolidates campaign data from multiple programmatic platforms. For example, Improvado integrates with popular programmatic platforms like MediaMath, AdRoll, Criteo, and marketing and sales services to help you get all performance data in one place and make sense out of it.

Our data shows that about 7-30% of marketing campaigns tracked through Improvado use improper or incomplete UTM tags. It leaves a significant part of ad spending unattributed to any conversions and interferes with properly tracking the marketing budget’s effectiveness.

Improvado’s UTM quality dashboard shows how much of your ad spend can't be attributed to conversions and which campaigns are marked with poorly structured UTMs. The dashboard also helps teams verify that each UTM tag has all the required parameters in place and is written correctly.

Improvado campaign health audit track, validate, and standardize UTMs across marketing campaigns.

Monitor campaign health with Improvado: Automatically validate UTM tags to see how your marketing efforts turn into revenue.

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Difficulties Pulling Data from Numerous Ad Accounts

It’s common for marketers to run programmatic campaigns across multiple ad accounts and platforms, each with its own unique data format and API. This makes data collection and consolidation challenging, especially for marketers who lack the technical expertise to build and maintain their own data pipelines.

As a result, marketers spend up to 30% of their time manually pulling data from multiple ad accounts, which can be a tedious and error-prone process. Moreover, it leads to delays in data processing and reporting, making it difficult to spot important trends and optimize campaigns.

Marketing analytics platforms are crucial for teams who value their time and don't want to waste it manually pulling data from hundreds of ad accounts. Whether you’re a large marketing agency dealing with hundreds of client accounts or a global brand managing programmatic campaigns across different regions, Improvado can help you streamline the data collection process and allow you to focus on what matters most—launching efficient campaigns.

Lack of Cross-Channel Performance Visibility

The inability to analyze both organic and paid performance in a single view is a strong disadvantage of programmatic platforms. Usually, teams are limited to the platform’s native analytics tools that don’t take data from other channels into consideration. That’s why marketers have to manually aggregate data from organic and paid channels to get the complete picture of the customer journey and understand which channels are the most efficient.

Manual data aggregation not only eats into valuable time but also leads to incomplete or inaccurate data, hindering decision-making processes.

Marketing analytics platforms are invaluable for teams that need to track the performance of their efforts across different channels. Improvado, for example, not only helps teams automate data collection across channels but also provides ready-made dashboard templates for cross-channel analysis.

Improvado Paid Ads dashboard helps monitor performance of all paid placements in one place.

Top Programmatic Platforms by Category

Programmatic advertising
The full cycle of programmatic advertising

Programmatic advertising relies on four categories of platforms to function: Demand-Side Platforms (DSPs), Supply-Side Platforms (SSPs), Ad Exchanges, and Data Management Platforms (DMPs).

Advertisers make use of DSPs to bid for digital ad space, while publishers make use of SSPs for selling their ad spaces. 

An ad exchange serves as a marketplace for connecting advertisers and publishers through their respective platforms. A DMP collects all kinds of data related to an advertiser's ideal customer.

Now, let’s explore some of the best programmatic ad platforms in each category.

Demand-Side Platforms (DSPs)

A DSP allows advertisers to bid for ad impressions on publisher websites. It also enables advertisers to filter their target audience based on specific criteria like location, age, past online behavior, gender, and more.

Here are some of the most popular programmatic DSPs:

Feature/Aspect Adobe Advertising Cloud MediaMath AdRoll
User Interface Intuitive, designed for enterprise clients Clean interface with advanced features User-friendly for businesses of all sizes
Data Integration Integrates with Adobe suite and other third-party tools Robust integration with popular ad exchanges & DMPs Integrates with major eCommerce platforms
Audience Targeting Advanced targeting with Adobe Audience Manager Precision targeting with proprietary Brain algorithm Retargeting focus with dynamic creative
AI & Machine Learning Adobe Sensei for optimization & automation Predictive algorithms for optimized bidding AI-driven product recommendations
Ad Formats Supported Display, video, audio, native, CTV, and more Multi-channel including video, mobile, and native Display, social, email, and video
Pricing Model Custom, based on ad spend and modules used Custom, often based on ad spend and features required Performance-based and flat-rate plans
Customer Support Dedicated support & training resources 24/7 support, training, and consultation Email, chat, and phone support
Analytics & Reporting Comprehensive with real-time insights Real-time analytics and actionable insights Transparent cross-channel reporting

Adobe Advertising Cloud DSP

Adobe Advertising Cloud DSP prides itself as “the only omnichannel programmatic DSP that supports connected TV, video, display, native, audio, and search campaigns.”

Mentioned as a leader in the Gartner Magic Quadrant for Ad Tech, Adobe provides features that help advertisers launch, manage, and optimize campaigns. This includes inventory management, personalized marketing, search management, and more.

  • Pricing: Custom. Pricing depends on different factors like company size, requirements, and the number of tools purchased
  • Supported Ad Inventory: Display, video, audio, mobile apps, Digital out of Home (DOOH), TV, native, and social
  • Audience Targeting: Audience segment, device type, location, browser, and more
  • Anti-fraud/Safety Measures: Offers page screening for detecting faulty inventory and pre-bid filtering for detecting fraud, suboptimal viewability, and brand violation.

MediaMath

Launched in 2007, MediaMath is recognized as one of the earliest programmatic advertising platforms (DSPs) in the industry. Today, it partners with over 3,500 advertisers to help them run omnichannel campaigns across mobile, display, OTT, native, video, audio, and more.

Its SOURCE ecosystem is designed to help advertisers achieve better supply-path optimization and algorithm decision. MediaMath is also recognized as a leader in the Gartner Magic Quadrant for Ad Tech.

  • Price: Custom
  • Supported Ad Inventory: Connected TV, display, mobile, video, audio, native, and DOOH 
  • Audience Targeting: Audience segment, contextual, first-party data, site list, location, daypart, technology, video, and audio.
  • Anti-fraud/Safety Measures: Uses its SOURCE ecosystem to ensure supply-chain trust through pre-bid IVT protection and onboarding tools.

AdRoll

AdRoll is loved by its users for its simplicity and the quality of its ad templates. The platform focuses on helping brands expand their reach through video, social ads, display, native, email, and more.

Recognized as a leader in the Gartner Magic Quadrant for Ad Tech, AdRoll uses a broad spectrum of data to determine where and when to deliver ads to prospects.

  • Price: Offers a free package for starters as well as a custom pricing package for enterprises
  • Supported Ad Inventory: Video, social ads, display, native, and email
  • Audience Targeting: Contextual, lookalike, demographic, interest, lookalike, and CRM targeting 
  • Anti-fraud/Safety Measures: Has a Trust and Safety Team for automatically and manually filtering invalid traffic

Supply Side Platform (SSP)

An SSP focuses on helping publishers (website owners) sell ad space on their apps, websites, and other digital properties.

These platforms use automation to determine the optimal price for each ad space and sell to the best bidder. SSPs work with ad networks to connect publishers to a broader pool of advertisers.

Let’s take a look at a few of the leading SSPs in the industry.

Feature/Aspect PubMatic Google Ad Manager Criteo
User Interface Modern, user-friendly UI Comprehensive, integrated with Google ecosystem Intuitive, tailored for remarketing
Data Integration Wide range of data partners Extensive integration with Google services & third-party tools Integrates with major eCommerce platforms and DMPs
Audience Targeting Advanced targeting capabilities Precision targeting within Google ecosystem Dynamic retargeting with user-centric focus
AI & Machine Learning Real-time optimization algorithms Advanced AI for forecasting & optimization AI-driven product recommendations & bidding
Ad Formats Supported Display, video, mobile, native, CTV Display, video, mobile, native, audio, CTV Display, native, mobile, video
Pricing Model Custom, often based on ad spend and features Custom, varies with features & scale CPC-based and performance-driven pricing
Customer Support 24/7 support & dedicated account managers Extensive documentation, community forums, and direct support Dedicated account strategists & support
Analytics & Reporting In-depth reporting & real-time analytics Comprehensive, integrated with Google Analytics Transparent performance dashboards & reports

PubMatic

PubMatic offers services for both media buyers and publishers. As an SSP, it provides an impressive collection of tools to help publishers optimize the monetization potential of all their digital assets.

This includes tools for header bidding, RTB advertising, Private Marketplaces (PMP), and ad quality.

  • Supported Ad Inventory: CTV, OTT, display, video, addressable, mobile, native, and more
  • Anti-fraud/Safety Measures for Publishers: Uses real-time scanning and strategic partnerships to safeguard publisher’s audiences across ad formats, channels, and screens

Google Ad Manager 

Programmatic publishers utilize an average of 6 SSPs to sell ad space to advertisers. Despite this, Google remains the most popular SSP among publishers, claiming 51% of the industry’s market share.

In fact, 75% of ad impressions in the US come from Google Ad Manager. More insights in the Twitter thread below.


Google Ad Manager exists for large publishers with significant direct sales. Some of the tools it offers include server-side header bidding, managed PMPs, advanced dashboard and reporting system, and more.

  • Supported Ad Inventory: Video, mobile, display, and native.
  • Anti-fraud/Safety Measures for Publishers: Google supports popular safety standards, initiatives, and protocols such as the IAB ads.txt standard, SafeFrame, and HTTPS to protect against unsuitable ads and invalid activity

Criteo

Criteo offers a retail media service to help publishers monetize their site content by leveraging first-party data and audiences.

Unlike Google Ads Manager, Criteo makes its services available to publishers with lower traffic numbers. As an SSP, Criteo focuses more on retargeting.

Here’s how Criteo monitors users
And here’s how it matches data on user behaviors

More info in the thread below:


  • Supported Ad Inventory: Social media, video, display, web, and mobile
  • Anti-fraud/Safety Measures for Publishers: Criteo uses advanced image recognition technology to filter unsafe content from publishers’ digital properties

Ad Exchanges

Ad Exchanges position themselves as the intermediary between advertisers and publishers. 

Publishers come to ad exchanges to submit ad impressions which are then presented to advertisers for bidding in real-time.

Here are some of the best ad exchanges in the industry.

Feature/Aspect Xandr SmartyAds PubMatic
User Interface Comprehensive, data-driven UI Intuitive, user-centric design Modern, user-friendly UI
Data Integration Rich partner ecosystem, with AT&T data Extensive third-party integrations Wide range of data partners
Audience Targeting Advanced, with AT&T data integration Diverse targeting options Advanced targeting capabilities
AI & Machine Learning Advanced optimization & prediction Smart optimization & bidding Real-time optimization algorithms
Ad Formats Supported Display, video, mobile, native, CTV Display, video, mobile, native, audio, CTV Display, video, mobile, native, CTV
Pricing Model Custom, based on features & volume Custom, varies with services & features Custom, often based on ad spend and features
Customer Support Dedicated account support & resources 24/7 support, personalized assistance 24/7 support & dedicated account managers
Analytics & Reporting Detailed insights & analytics dashboard Comprehensive performance reports In-depth reporting & real-time analytics

Xandr

Originally called AppNexus, Xandr is a leading programmatic advertising platform offering a full stack of programmatic advertising services. This means it provides services, such as a DSP, SSP, and an Ad Exchange.

As an Ad Exchange, Xandr serves over 11.4 billion ad impressions daily.

One of its most notable features is its header bidding wrapper, which makes header bidding more convenient and efficient for publishers. The platform supports different ad inventory, including video, banner, audio, native, and more.

Xander partners with White Ops, an MRC-accredited company, for ensuring brand safety across its marketplace.

SmartyAds

SmartyAds provides a white-label ad exchange platform, Smart Hub, which has recorded over 25,000 publishers and 2 billion impressions daily.

It also serves as a full-stack programmatic ad tech platform, offering services as a DSP and SSP to both advertisers and publishers. The platform is compatible with a wide range of traffic types and ad formats, including video, banner, audio, native, push, pop, and more.

Compared to Xandr, SmartyAds offers a more comprehensive collection of security and anti-fraud features and partnerships to make the marketplace safer for publishers and advertisers.

PubMatic

PubMatic makes a second appearance in this guide, thanks to its incredible capabilities as a full-stack ad tech platform.

As an ad exchange, PubMatic has established itself as an industry leader with over 171 billion ad impressions per day. Publishers benefit from its ease-of-use, DMP integrations, and open-source header bidding.

On the advertisers' side, PubMatic offers integration with various security tools to prevent fraudulent practices and ensure brand safety.

Data Management Platforms (DMPs)

DMPs are less talked about in programmatic advertising platforms realm. But they're equally as important. Advertisers use all kinds of data when developing a campaign strategy to ensure their ads are relevant to their prospects.

DSPs automatically place bids for ad spaces in the marketplace, but to ensure that the purchased ads are aimed at the right demographic, these platforms take advantage of data supplied by DMPs. Publishers, on the other hand, use DMPs to store and analyze user data to get a better understanding of their website visitors.

Here are some of the most popular DMPs in the industry.

Feature/Aspect Audience Studio Lotame The Trade Desk
User Interface Intuitive, tailored for Salesforce users User-friendly with modern design Sleek, efficient design
Data Integration Deep Salesforce integration, third-party data sources Extensive data partner integrations Multiple data partners & exchanges
Audience Segmentation Advanced, with real-time data activation Flexible audience creation & segmentation Granular, audience-focused targeting
AI & Machine Learning Predictive intelligence & data modeling AI-driven insights & audience modeling AI-powered bidding & optimization
Ad Formats Supported Supports diverse customer data profiles Cross-device, multiple digital touchpoints Display, video, audio, mobile, native, CTV
Data Collection Real-time data collection & activation Real-time data gathering & activation Real-time bidding & data processing
Pricing Model Custom, based on features & volume Customized pricing based on data needs Custom, based on ad spend and features
Customer Support Comprehensive Salesforce support & training Dedicated account management & support 24/7 support & dedicated resources
Analytics & Reporting Real-time data insights & Salesforce reports In-depth audience analytics & reporting Detailed campaign performance & analytics

Audience Studio by Salesforce

Salesforce is widely known for its CRM system. However, the company also offers a Data Management Platform for advertisers.

Formerly known as Salesforce DMP, Audience Studio allows advertisers to capture data from any source and segment this data using machine learning algorithms. It also offers a native consent management framework to help advertisers maintain transparency and trust with their customers.

Lotame

Lotame is an industry-leading DMP that offers a wide range of services, including audience management, data marketplace, and identity resolution.

It allows its users to access first-party data from sources like emails, CRMs, social media, apps, and more. It also provides the opportunity to expand on available data through its data marketplace.

Lotame’s DMP, however, lacks live reporting features and loads relatively slowly. 

The Trade Desk

Alongside a DSP, The Trade Desk offers a DMP to help advertisers and publishers collect, manage, and activate their data in one place.

One of its most popular features is its lookalike modeling which allows you to discover new audiences based on insights from your existing audiences. It also offers a data marketplace where users can access high-quality audiences from data providers.

TheTradeDesk is actively expanding in the DMP sector. For example, TikTok and theTradeDesk launched a partnership not long ago. This collaboration will drive more brands to the platform and stimulate the growth of advertising on TikTok.

Moving Forward: Automating Programmatic Analytics

Programmatic advertising, with its variety of platforms and ad placement options, generates a large chunk of data that marketing teams have to work with.  Without a well-thought analytics marketing analytics system in place, it becomes overly challenging to understand which campaigns or platforms drive your growth and which of them just drain your marketing budget. 

A marketing analytics platform can save you time and resources, and point your campaigns in the right direction. By eliminating all aspects of manual reporting, you can save hundreds of manhours on manual data collection, ensure the correctness of your reports, and spot trends with ease with automated dashboards provided by the platform. Here’s a 3-step guide on how you can automate your programmatic analytics today:

Schedule a call to learn how Improvado can automate your programmatic ads reporting

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Frequently Asked Questions

What is programmatic advertising platform?

A programmatic advertising platform is a technology that automates the process of buying and selling ad inventory through real-time bidding, using data and algorithms to target specific audiences.

What is programmatic marketing?

Programmatic marketing is a data-driven approach to targeting specific audiences with relevant ads in real-time through the use of automated technologies such as algorithms, artificial intelligence, and machine learning. It involves the buying and selling of digital advertising space through a real-time bidding system, allowing advertisers to reach their target audience across multiple channels and devices, with precision and at scale.

What is an ad exchange?

An ad exchange is a digital marketplace that allows advertisers and publishers to buy and sell advertising space through an auction-based system in real-time, using data and algorithms to match the right ad to the right user at the right time, enabling more efficient and targeted advertising.

Is criteo a DSP or SSP?

Criteo is a demand-side platform (DSP) that helps publishers monetize their site content by leveraging first-party data and audiences.

How do I choose a DSP?

When choosing a DSP, you have to consider factors such as your advertising goals, target audience, available budget, features offered by the platform, level of customer support, and the platform's reputation in the industry. After gathering all the information, research the potential options and identify the best DSP platform that fits your needs.

Which DSP is best?

The best DSP for your business would depend on your specific advertising goals, budget, and target audience. It is recommended that you evaluate various DSPs based on your business requirements and conduct thorough research to determine which platform aligns with your marketing goals. Some of the most popular platforms that you can start your research with are Adobe Advertising Cloud, MediaMath, and AdRoll.

Where to buy programmatic advertising?

Programmatic advertising can be bought through demand-side platforms (DSPs), which allow advertisers to access multiple ad exchanges and publishers through a single platform. Some popular DSPs include Adobe Advertising Cloud, MediaMath, and AdRoll. Additionally, social media platforms like Facebook, LinkedIn, and Twitter offer programmatic advertising options


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