Friday, December 19, 2008

DIGITAL OUT-OF-HOME AD SPEND TRIPLES. SWEET.

We thought there was supposed to be an economic crisis? Tell that to the media buyers and marketing reps buying copious amounts of digital media this year. There's never been a better time to be in digital media, it seems.

The U.S. digital out-of-home (OOH) media industry - which includes video ad networks, digital billboards and ambient ad platforms - is on pace to grow 11.2%, to $2.43 billion in 2008 and now comprises 29.1% of overall out-of-home ad spending, according to the “Digital Out-of-Home Media Forecast 2008-2012” from PQ Media, writes MarketingCharts.

Global forecast table (2008-2012):

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