Plus: Research released from IAB & The Infinite Dial, ACRA's Podcast categories
Total digital ad spend reaches $9.5 billion in 2020, modest YOY growth of 2%
• Bence will work closely with IAB Australia CEO, Gai Le Roy
“One of our key objectives is to help support a sustainable and diverse digital media and advertising market."
• Full financial year total online advertising market is steady at $9.1 billion
• Achieves 3.8% growth year on year with video the star performer at +18%
• 21% of respondents indicated they have paused all their ad spend
• Gai Le Roy, CEO of IAB Australia, comments
• Connected TV is now the dominant device for video inventory expenditure
• The latest IAB Online Advertising Expenditure Report, prepared by PwC
• A final report for market is expected to be released in April 2019.
• Mobile advertising made up 62% of total general display expenditure in the September 2018 quarter
• Financial year data shows 45% increase in video spend year on year
The report also highlights a shift in advertising spend with marketers favouring General Display.
