Thursday, January 16, 2014

THE INTERNET IS STILL THE FASTEST GROWING MEDIUM FOR ADVERTISING



 



Internet advertising is continuing to take market share away for traditional media.  According to FIPP’s World Magazine Trends 2013/14*, “The prediction is that Internet advertising will increase its share of the ad market from 18.4% in 2012 to 24.6% in 2015 and that Internet advertising overtakes newspapers for the first time in 2013, exceeding the combined total of newspaper and magazine advertising in 2015.”



 



 Other Key Trends:



 




  • Online Revolution: as an advertising medium the internet is still the fastest growing medium. It grew from 16.3% over the course of 2012 (US$88,579m), and forecasts show an average of 15% annual growth for 2013 to 2015.


  • Mobile Growth: the fastest-growing Internet channel.  In 2013, mobile advertising expenditure had grown 77%, rising from 9% of total Internet advertising to 15%, to reach $14 billion and by 2015 is set to more than double in size to $33 billion, or a quarter of all Internet advertising expenditures.


  • Media Outlook: data predicts a double or triple digit digital growth figures within five years in Asia Pacific. Circulation revenue will grow from US$154m in 2012 to US$1,269m – a growth of over 800%.


  • Media Mix: is shifting from printing towards internet In Europe. Internet is the second medium with 21% share, followed by newspapers and magazines. The growth in B2B circulation revenue is particularly spectacular: forecasts show an increase from $US74m in to $US931m in 2017.


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*The 19th edition of FIPP World Magazine Trends 2013-14 is available in print, digital and Excel editions. Published by FIPP - the worldwide magazine media association, Trends is the annual monitor of the magazine media, country-by-country, region-by-region and globally. Data is provided by ZenithOptimedia and PricewaterhouseCoopers, FIPP national associations, publishers and industry experts.



Learn about the  Transition to Digital Advertising in a recent post by NTENT.

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