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August 6th, 2008

Central European ad market to grow 42.1%

Posted by NB @ 7:01 pm

Categories: Advertising

Tags: advertisement, internet advertising, compound annual growth rate, online advertising, nb

Central and Eastern Europe (CEE) and the Middle East and Africa (MEA) will experience the fastest growth in Internet ad spending during the forecast period with a CAGR of 42.1% for CEE and 29.8% for MEA. Online advertising in Asia/Pacific (excluding Japan) will also experience dramatic growth with a 2007-2011 CAGR of 25.4%. Internet advertising will make the greatest gains relative to total ad spending in Western Europe, where online ad spending will capture 18.2% of total ad spending in 2011. This compares to a 16.3% share for online ad spending in Japan and 14.6% in the United States. More than $5 bln will be spent worldwide in 2008 in each of the top four categories of online ads - adult content and gambling, information, electronics, and computing. These will continue to be the leading categories in 2011, according to IDC.

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