Interactive to capture 15% of ad spend next year
by David Allott Media Week 25-Jun-08, 10:50
LONDON - Interactive media's share of global advertising spend will hit 15% next year, according to a report from GroupM.
The report, Interaction: Addressable, Searchable, Social and Mobile, reveals that global ad spend on interactive media - specifically internet, mobile and gaming - reached 11% last year.
Covering 35 countries, the report identified Western Europe and the US as the main drivers for growth in interactive media spend.
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The report also identifies that in 2007, 45% of global interactive media ad spend was display advertising, compared with 38% from paid search.
It went on to highlight a strong correlation between high levels of interactive advertising spend with specific markets' broadband internet penetration.
The Danes were identified as the highest online spenders worldwide, topping US$1,000 (£508) per person in 2007, compared to an average of US$471 £240) worldwide.
Rob Norman, global chief executive for GroupM Interaction, said: "This report sheds considerable light on how best to use these platforms and how marketers can get the most out of their investment in them."
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