Display, mobile and video advertising drive 2018 online ad spending, IAB finds

Australian digital advertising revenue touched $2.1 billion in the first quarter this year despite a seasonal drop in overall revenues, the IAB and PwC found in Online Advertising Expenditure Report released this morning.

The survey reported total year on year revenues had gone up 13%, driven by stronger display, video and mobile advertising. However, compared to last quarter, spending dropped 3.5% following the traditionally strong Christmas period.

IAB Australia’s Gai Le Roy: “We fully expect mobile and video advertising continue to surge.”

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