- IAB Europe and IHS Technology “AdEx Benchmark 2014 Full Report” reveals 11.8 percent increase outperforming GDP growth *
BRUSSELS (2 July, 2015) – IHS Inc (NYSE: IHS) the leading global source of critical information and insight, in collaboration with IAB Europe, today published the AdEx Benchmark 2014 Report – the definitive guide to the state of the European online advertising market.
The report is a comprehensive perspective of online advertising spend across Europe, which is growing ever more essential in the light of European policy formulation, attracting global start-up funding, benchmarking market development trends, the increasingly pan-regional nature of digital advertising investments and the role of Europe’s digital economy in a global context.
This year the report reveals that in 2014, online advertising recorded double-digit growth for a fifth consecutive year at 11.8 percent to a market value of €30.7 billion, consolidating its position as the second largest media category edging closer to TV.
With all markets reporting positive growth, it is not only the developing markets which are leading this increase. Mature markets, which have benefited from improvement of digital advertising formats, targeting capabilities and developing data strategies in a cross-device environment, are also driving growth that demonstrates the industry’s sustainability.
Top 10 Rankings – year-on-year growth (in percent)
Slovenia – 43.1
Ireland – 33.3
Belarus – 32.8
Turkey – 20.8
Hungary – 19.5
Bulgaria – 18.7
Greece – 16.3
Austria – 16.0
Belgium – 16.0
“The ninth edition of the AdEx Benchmark report highlights how new advertising opportunities within programmatic trading, mobile and video advertising, and audience and advertising effectiveness measurement supported by educational programmes have driven growth,” said Townsend Feehan, CEO of IAB Europe. “As an industry body we strive to work with our members to adopt standards in new business areas help to develop advertiser confidence in new opportunities and at the same time provide transparency and choice to users about how data may be processed.”
"The study shows that even the most mature online advertising markets in Europe sustain double digit growth, clearly indicating the economic vibrancy of the sector,” said Daniel Knapp, director of advertising research at IHS Technology and author of the research. “A key driver behind this growth is the proliferation and consolidation of intelligent data infrastructures that serve as a connective tissue between consumers, media and brands.”
Read more here.
About IHS and IAB Europe’s AdEx Benchmark Report:
The data has been compiled by IAB Europe based on information provided by the national IAB offices around Europe. It is then processed and analysed by IHS Technology. The report includes market size and value information for the full membership of IAB Europe in 2014 including Austria, Belarus, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, the Netherlands, Norway, Poland, Slovenia, Romania, Russia, Spain, Slovakia, Serbia, Turkey, Sweden, Switzerland and the UK. The data represents the calendar year 2014 January- December. This is the ninth AdEx Benchmark Report which began in the calendar year 2006.
Display includes PC-based and mobile banners, rich media and video formats.