Adstats: This Year, Next Year
Global adspend will rise 4.5% to US$519.8bn next year, according to the latest forecast from GroupM. Of this, North america will take the largest share (36.1%) followed by Asia-Pacific on 33.4% and Western Europe on 18.1%. Asia-Pacific will be the fastest-growing region in 2016, with spend rising 7.1% year-on-year, well ahead of the global average. Come 2020, Asia-Pacific is expected to have overtaken North america as the largest adspend region. In terms of spend by media, TV will account for the majority share in 2016 with adspend of US$214bn, followed by internet on US$160bn. Internet...