UK display advertising is set to grow by 1.8% in Q3 this year, after which growth should steadily, if not dramatically, rise. This is according to the latest set of forecasts from the Advertising Association (AA).
UK Display Advertising Forecasts | ||
Display Revenue (£m) | Growth (%) | |
Q1 01 | 2,206 | 3.6% |
Q2 01 | 2,109 | -12.0% |
Q3 01 | 1,961 | -8.5% |
Q4 01 | 2,214 | -11.5% |
Q1 02 | 2,010 | -8.9% |
Q2 02 | 2,131 | 1.0% |
Q3 02 | 1,997 | 1.8% |
Q4 02 | 2,331 | 5.3% |
Q1 03 | 2,111 | 5.0% |
Q2 03 | 2,264 | 6.2% |
Q3 03 | 2,129 | 6.6% |
Q4 03 | 2,496 | 7.1% |
Q1 04 | 2,249 | 6.5% |
Q2 04 | 2,416 | 6.7% |
Source: Advertising Association, October 2002 |
Long-term forecasts The Association’s long-term forecasts predict a peak in growth in 2008, after which the rate of growth is expected to begin to dip. The AA has produced both a high (optimistic) and low (pessimistic) option in its data.
Long Term Total UK Advertising Forecasts | ||||
High Option | Low Option | |||
Revenue (£m) | Growth (%) | Revenue (£m) | Growth (%) | |
2001 | 12,696 | -5.3% | 12,696 | -5.3% |
2002 | 13,046 | 2.8% | 12,690 | 0.0% |
2003 | 14,045 | 7.7% | 13,437 | 5.9% |
2004 | 14,970 | 6.6% | 14,215 | 5.8% |
2005 | 15,472 | 3.4% | 14,188 | -0.2% |
2006 | 15,888 | 2.7% | 14,432 | 1.7% |
2007 | 17,297 | 8.9% | 15,254 | 5.7% |
2008 | 18,846 | 9.0% | 16,194 | 6.2% |
2009 | 20,278 | 7.6% | 17,136 | 5.8% |
2010 | 21,564 | 6.3% | 18,067 | 5.4% |
2011 | 23,049 | 6.9% | 18,736 | 3.7% |
2012 | 24,260 | 5.3% | 19,393 | 3.5% |
2013 | 24,664 | 1.7% | 21,360 | 10.1% |
2014 | 24,924 | 1.1% | 19,778 | -7.4% |
Source: Advertising Association, October 2002 |