Online ad sector resists general advertising downturn, says IAB
Online advertising has continued to climb in Australia despite the general downturn in the market, says the IAB Australia in its latest survey of the local market.
The report, prepared by PwC for IAB Australia, found online ad revenues increased 4.9% year on year to reach $2.2bn for the first quarter of 2019.
It’s interesting that OOH keeps growing against the downturn as well. This is a huge opportunity for the consolidated landscape to work together to keep growing the market and drive innovation.