A Borrell Associates report says local advertising will climb 16.4% to $132 billion in 2016 from $113 billion in 2015. This study is much strong than other single-digit growth expectations.
Some $5.5 billion will come from state and local elections in a political ad year.
Digital will see major growth as media platform -- up 36.4% to $65.9 billion, $17 billion more spending from local business on digital media than in 2015. Digital will have nearly a 50% share of local advertising expenditures, rising to two-thirds in four years.
Breaking down the digital category, targeted display will have the largest share, $46.3 billion; followed by digital video, $8.3 billion; and and paid search, $6.4 billion.
Traditional linear TV platforms will also witness big gains -- climbing 19.7% to $12 billion.
On the flip side, local newspapers -- the second-largest category -- will have a 4.6% decline to $13.5 billion. Radio will slip 1.2% to $10 million.
Other categories: Local cable will climb 5.6%; outdoor, up 1.6%; and magazines, 1.1% higher. Directories will slip 6.2% and direct mail losing 4.5%.