Middle East, Africa and Latin America Leading Growth
New York, NY – June 28, 2012 – After a strong finish to 2011, global advertising spend continued to rise in the beginning of 2012: up 3.1 percent compared to the same period last year, according to Nielsen’s quarterly Global AdView Pulse report, released today. Overall global ad spend in Q1 2012 grew to $128 billion USD.
Dollars devoted to ads in emerging markets increased at a faster rate than global ad spend as a whole. The Middle East and Africa was up 23.3 percent as advertisers turned to budding and stabilizing economies there. In particular, Egypt saw ad spend growth of 67 percent in Q1 following last year’s Arab Spring. Latin America also saw significant year-over-year growth of 9.6 percent. Asia-Pacific grew 1.7 percent, a small increase following large gains in recent years.
“Advertisers continue to recognize the potential of emerging markets like Latin America and Africa as they look to reach new customers,” said Randall Beard, Global Head, Advertiser Solutions, Nielsen. “These markets have proven their resilience through the down economy, and many consumers now wield spending power like never before.”
In North America and Europe, the ad market did not experience the same level of increase. North American ad spend grew 2.1 percent. Ad spend in Europe declined slightly (1.4%), with countries most impacted by the recession the hardest hit. Greece and Spain, for example, both saw significant declines. On the other hand, France, Germany and Switzerland drew more ad dollars than last year. Europe was the only region to see a decrease in ad spend.
The external data sources for the other countries included in the report are:
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