Universal McCann’s latest global ad forecast predicts worldwide advertising to reach $653.9 billion in 2008, a year on year rise of 4.6%, with the UK forecast to grow 3.5% year on year in 2008 following a rise of 3.8% this year. It expects advertising in the US to grow much slower than the rest of… Continue reading Worldwide Advertising To Reach $653.9bn In 2008
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A new forecast from GroupM predicts that advertising spending in US measured media will show an almost 4% year on year increase in 2008. Worldwide spending is expected to rise 7% to $479 billion in 2008 following an anticipated 6% increase in 2007. US advertising spending, meanwhile, is expected to show a 3.7% increase to… Continue reading Worldwide Adspend Expected To Rise 7% to $479 billion In 2008
ZenithOptimedia has predicted that global ad expenditure will grow 6.7% in 2008, up from 5.3% this year, thanks to the Olympic Games, elections in the US and European football. Developing markets have taken over as the main contributors to global advertising expenditure growth, said Zenith, compensating for slow growth in developed markets. The media planning… Continue reading Global Ad Market To Grow In 2008
A new forecast from ZenithOptimedia predicts that the 2008 Olympic games will help lift television’s share of the global ad market to a record 38.2% in 2008. Online video and local search will drive 30% growth in internet ad expenditure this year, to nine times faster that the rest of the ad market. Between 2006… Continue reading Olympic Games To Lift TV’s Share Of Global Ad Market
GroupM’s latest global ad forecast says that advertising is easily keeping pace with robust growth in the global economy, despite negative news this year of debt fatigue, persistent inflation and tighter money. GroupM adds that with global ad revenue in prospect to rise 6% in 2007 to $433 billion and 7% in 2008 to $462… Continue reading Advertising Keeping Pace With Global Economy
Global adspend is expected to grow from 5.5% in 2007 to 6.4% in 2008, comfortably above the 5.1% annual growth rate the ad market has averaged for the past 10 years, according to a new report from ZenithOptimedia. China will become the fifth largest ad market in the world this year, overtaking Italy, says ZenithOptimedia.… Continue reading Global Adspend To Grow 6.4% In 2008
Universal McCann has lowered its 2007 US advertising forecast to 3.1% and for overseas growth it now forecasts a gain of 4.2%. It currently expects a growth of 4.2% in worldwide advertising spending, in contrast to its December forecast of 5.3%, assuming no change in interest rates. In December, Universal McCann projected a US advertising… Continue reading Universal McCann Lowers 2007 US Ad Forecast
The latest Carat adspend forecasts predict that global adspend growth will be 5.8% this year, fractionally down from last year’s 5.9%. The 2007 forecast for Western Europe is down slightly from 4.4% to 4.1%. Carat says that online accounts for almost all this growth. Digital television services will continue to grow well throughout the year,… Continue reading Global Adspend Forecast To Grow 5.8%
A new forecast from ZenithOptimedia says that global internet adspend will overtake radio in 2008, a year earlier than it forecast in December. Global internet adspend is forecast to grow 28.2% in 2007, while the rest of the market grows 3.7%. By 2009, the internet is predicted to account for nearly 9% of global adspend.… Continue reading Internet Adspend To Overtake Radio
Merrill Lynch (ML) is raising its global online advertising growth forecast from 24.1% & 17.5% in 2007 and 2008 respectively, to 25.5% and 18.8%. The financial analyst said that online growth for 2006 came in at around 36%, compared to its previous estimate of 34%, adding that this was driven by international strength in particular.… Continue reading Merrill Lynch Raises Global Online Ad Forecast