MAM

Indian ad market projected to grow at 13.9 % by 2017: Carat

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/09/09/Untitled-1_2.jpg?itok=K1jKwWys

MUMBAI: Dentsu Aegis Network’s global media agency, Carat, has forecast global advertising market will touch USD 548.2 billion in 2016, accounting for a 4.4+ per cent year-on-year growth, propelled by digital space, while India is expected to grow at over 13 per cent y 2017.

In Asia Pacific, the buoyant Indian advertising market continues to lead growth prospects of 12+ per cent in 2016 and 13.9+ per cent in 2017, the Carat ad spend report 2016 said.

India continues to be the fastest growing economy where all traditional media platforms still show “positive growth”. Holding the highest share of ad spend of 38.5 per cent in 2016 and 38 per cent in 2017, TV is forecast to grow by 12.3+ per cent in 2016 and 12.5+ per cent in 2017, driven by investment from FMCG brands and e-commerce companies, the report stated.

"We also anticipate that given the tailwinds through the macro-economic factors, GST and other reforms, 2017 will have an even better growth of 13.9 per cent (for India),” Dentsu Aegis Network Chairman and CEO, South Asia, Ashish Bhasin said, commenting on the report.

Dwelling further on the report Bhasin elaborated that Carat expected the digital growth to be about 31.5 per cent in 2016 and to accelerate to nearly 40 per cent in 2017, while mobile will drive digital growth.

“India will transform from a `Mobile First’ to a `Mobile Only’ market very rapidly, aided by better broadband penetration and drop in data costs. What is also unique about India is that all types of media, including print, still continue to grow, albeit at different rates," he opined.

Based on data received from 59 markets across the Americas, Asia Pacific and EMEA, Carat reports a positive outlook for most regions with particularly robust growth in North America (5.0+ per cent) and strong recovery in Russia (6.2 + per cent), countering lower expectations in some markets.

The Carat report projects moderate growth for China where advertising spend is expected to increase by 5.7+ per cent in 2016 and 5.5+ per cent in 2017 as the market adjusts to a ‘new normal’ economic landscape, the report read.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/aplo.jpg?itok=kqZQhO7r
Apollo & WATConsult launch #EarnTheJersey

Apollo Tyres along with WATConsult, a leading and most awarded digital and social media agency, part of Dentsu Aegis Network, recently launched a digital campaign called “#EarnTheJersey”, as part of their association with Manchester United.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/Deepak%20Khullar.jpg?itok=fgieny3r
To The New & Amazon decode digital transformation

MUMBAI: To The New, a leading digital technology company, in association with Amazon Web Services, organized ‘Digital Transformation Summit’, a one of its kind exclusive event to decode digital transformation in Media & Entertainment (M&E) industry. The event was attended by technology...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/Ajay_Anand-Ravi_Dubey_1.jpg?itok=gKiCrZj7
DigitalF5 acquires Google specialist AdClear, aims for Delhi dominance

MUMBAI: DigitalF5, the leading digital innovator with vast expertise in the domains of Design & Content, Marketing and Technology, recently acquired AdClear, a Google Partner Company specializing in the domain of performance digital marketing. Incepted in February 2017, AdClear, despite being a...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/Arvinder_Singh_Sachdev_0.jpg?itok=qN-5x-n3
Voda offers complimentary smartphone insurance

MUMBAI: Vodafone Red Shield is offering complimentary insurance cover for new and up to six months old handsets Offers Theft protection apart from Damage cover and Anti-virus protection.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/Lyra_0.jpg?itok=MveF9Br-
Parineeti is Lux Lyra's brand ambassador

MUMBAI: The bubbly Parineeti Chopra has joined the club of celebrity endorsers of Lux Group, a conglomeration of diverse brand portfolio across multiple product segments, as the brand ambassador of Lyra. Lyra that today enjoys very high level of consumer awareness and consumer loyalty has...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/Manav%20Dhanda.jpg?itok=AKtfbHDp
Mastiii proposes 30-45% hike in ad rates following better reach

MUMBAI: Music and youth channel Mastiii claims to have retained its dominance in the music & youth arena for over two years. With a reported reach of 136 million and 30 GRP in the genre, Mastiii recently announced a 30 to 45 per cent hike in advertising rates.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/30/sanjay%20ramachandran.jpg?itok=kCGJbomA
How Fox Networks Group won big at Promax BDA Awards

MUMBAI: For promo producers and creators, the Promax BDA Awards are the gold standard, the pinnacle of recognition for a job well done. So, when you are called on stage to receive 13 metals, it clearly means that your work is a standout. Fox Networks Group (FNG) – with just two brands under its...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/mmmm.jpg?itok=kBmCQ93-
ASCI introduces 'Independent Review Process', appoints Justice Mudgal as chairman

The Advertising Standards Council of India (ASCI) has introduced an 'Independent Review Process'. This procedure facilitates an independent mechanism to review the recommendations made by Consumer Complaints Council (CCC) if either the advertiser or the complainant is dissatisfied with such...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/shashi%20sinha.jpg?itok=CECcDQkb
Sony India appoints Initiative Media as its media agency

MUMBAI: Sony India today announced the appointment of Initiative Media, part of IPG Mediabrands network, as its new media agency for India market following a comprehensive pitch process. Initiative Media will be responsible for managing the media planning for the brand going forward. The scope of...

MAM Media and Advertising Account

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories