- Bloomberg, Monday, September 13, 2010 10:36 PM
The Asia-Pacific region will overtake North America as the largest advertising market "
soon after 2014," according to eMarketer Inc. and Starcom MediaVest Group,
which issued a joint report. The economic slowdown accelerated the shift of ad dollars to digital media in China, India and Brazil, The Middle East and Africa will grow 11.4% this year, faster than
any other major region, they said. Increased consumer spending in China and India helped Asia-Pacific fare better in the economic slowdown than the rest of the world.
Online spending in
Asia-Pacific in 2014 will account for $22.2 billion, or 22.9 percent of the worldwide total. By contrast, North America, the largest ad market in the world, will account for 33.8 percent of the total,
or $190.6 billion, in 2014.
>A new infographic from Flowtown notes Facebook now has 50% of
the words social media ad revenue at $1.76 billion in 2010, that's up 165% from 2009, while reducing MySpace's market share from 32% in 2009 to just 19% in 2010. U.S. advertisers will spend
nearly $1.7 billion on social sites this year.
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