Global ad spend up by 4.3 per cent in 3Q: Nielsen

MUMBAI: The global ad market saw healthy growth during the third quarter of 2012, according to US media research company Nielsen‘s quarterly Global AdView Pulse report.

Spending was up by 4.3 per cent over Q3 2011, to $139 billion. This gain outpaced the 2.7 per cent growth seen in the first half of last year.

An influx in advertising investments drove growth in the Middle East and Africa (up 18.9 per cent YTD), as well as in North America. The North American market showed a five per cent increase through September, bolstered by an impressive 10.2 per cent increase during the third quarter.

In the US, both the automotive and industry and services categories increased by double digits year-over-year, for both the year-to-date and Q3. The industry and services category includes political ads, a big spend area leading up to the US presidential election.

Nielsen global head, advertiser solutions Randall Beard said, "Growth in global ad spend accelerated in Q3.The Olympics, a major media event in all parts of the world, and the US presidential election helped drive investment up. We‘ll be watching carefully to see if the growth was sustained in Q4 and into 2013, or if there‘s a dip in comparison to this year."

Ad spend also grew in the Asia Pacific region, reporting a 2.7 percent increase in ad spend for the year-to-date through September and a 3.5 per cent increase for Q3. Ad spend for the region was supported by the recovery of China‘s advertising market, which showed positive ad-spending trends in Q3 (up 3.1 per cent) after two consecutive quarters of decline.

Western Europe, which reported a 2.7 per cent decrease in year-over-year ad spending during the first half of 2012, saw deeper Q3 cuts in advertising (-4.8 per cent), as advertisers watched their budgets carefully due to ongoing economic instability. This decline contributed to a year-to-date decrease of 3.4 per cent in Europe.

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