Advertisers will spend nearly $600 billion worldwide in 2015Staff writer ▼ | December 10, 2014
Around the world, advertisers will spend $592.43 billion in 2015, according to new figures from eMarketer, an increase of 6.0% over 2014.
Marketing China to be the second-largest mobile ad market
The US remains the dominant advertising market worldwide. Next year, marketers will spend $189.06 billion on ads in the US, an amount that represents 31.9% of the global ad market. That figure is also higher than the aggregated total for China, Japan, Germany and the UK. Through 2018, the US will essentially maintain that share, dipping to only 31.1%, and will continue to account for more in total media ad spending than the rest of the top five combined.
Mobile advertising is the key driver of growth around the world, and advertisers will spend $64.25 billion worldwide on mobile in 2015, an increase of nearly 60% over 2014. That figure will reach $158.55 billion by 2018, when mobile ads will account for 22.3% of all advertising spending worldwide.
eMarketer's latest figures for worldwide mobile ad spending are higher than its previous forecasts, due chiefly to faster-than-expected growth in China’s mobile ad market. According to eMarketer new data, marketers will spend $6.39 billion on mobile ads in China in 2014, up 600.0% from just $913 million last year; this total will increase another 90.0% to $12.14 billion in 2015.
By way of this year’s gain, China will surpass both the UK and Japan to become the second-largest mobile ad market in the world. ■