Press Release

Mobile Drives €18.6 Billion Online Advertising Revenue in 2016, IHS Markit Says

Want to learn more?
Have an expert contact you.

GDP growth across Europe underpins strong online advertising market in 2016; Spend up 13 percent year-on-year in first half of 2016

LONDON (23 November 2016) – IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions -- in collaboration with IAB Europe -- announced updated findings from its annual European online advertising report, AdEx Benchmark H1 Study.

The online advertising market grew 13.4 percent year-on-year from €16.4 billion to €18.6 billion in the first six months of 2016.

Download a copy of the study here or learn more about the IHS Technology Advertising Intelligence.

“Strong economic growth in all the European Big Five for the first time since 2010 underpinned the surge in online advertising in the first six months of 2016,” said Eleni Marouli, Principal Analyst at IHS Technology and report author. “We saw an uplift across all formats from 2015.”

Mobile drives market

Mobile advertising amounted to €3.8 billion in the first six months of 2016, split evenly between search and display. Mobile’s share of search was 32 percent and mobile’s share of display was 32.8 percent, the report said.

“Mobile accounted for one in three euros spent in Europe,” Marouli said. “We expect mobile to play a primary role in European online advertising and to maintain growth at a double-digit level for 2016.”

Mobile display grew by just over 61 percent and mobile search by just over 57 percent. Mobile display was particularly prominent in Central and Eastern Europe, growing over 100 percent for the first six months of 2016 year-on-year. Western Europe’s more mature mobile display markets saw modest growth of just over 13 percent.

Outlook for 2016

“We expect spending on ads online to grow over 10 percent across Europe in 2016, faster than any other medium,” said Daniel Knapp, senior director at IHS Technology. “Finally the advertising infrastructure, measurement tools and volume of available inventory are all coming into place for advertisers to adjust their spending to match the increasing time people spend on online media.”

Hurdles identified by the report include duplication and fragmentation of ad tech infrastructure, no universal digital current and a complexity of devices, platforms and behaviors.

About IHS Technology Advertising Intelligence Service

IHS Technology Advertising Intelligence Service provides its clients with a holistic and global view of a rapidly evolving advertising and marketing landscape. Developed and maintained by a team of expert analysts, it offers accurate, continuously updated market data, forecasts and reports that give our clients deep perspective on a dynamic advertising market. As the only global product that offers the same detail and scope for both established and emerging media, IHS provides a unique, independent and objective view.

If you would like any further information or details, please click here.

###

About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners © 2016 IHS Markit Ltd. All rights reserved.

If you prefer not to receive news releases from IHS Markit, please email lee.graham@ihsmarkit.com. To read our privacy policy, click here.

 
Related Research:
Adobe’s TubeMogul acquisition hints at programmatic TV ambitions
The practice and promise of programmatic

Share facebook Twitter Google Plus Linked In Add This Contact Us