More than one-third of UK ad spend bound for mobile in 2017
Overall digital ad spend will grow 11 per cent in 2017 to £10.89 billion, accounting for 57.9 per cent of total media ad spend. Mobile will drive much of this growth as consumers continue to spend increasingly more time with smartphones. eMarketer expects further gains in mobile ad spending in the years to come.
Increases expected for 2017 will follow a year in which digital ad spend in the UK passed a tipping point, with mobile surpassing desktop ad investment for the first time. In 2016, mobile ad outlays soared by 49.5 per cent to £5.40 billion, compared with £4.41 billion devoted to desktop efforts.
Google will garner the largest share of UK digital ad revenues in 2017, amassing 40.7 per cent, followed by Facebook, which will take a 16.4 per cent slice, eMarketer predicts.
“Google still attracts the lion’s share of digital ad spend in the UK,” said eMarketer’s UK senior analyst Bill Fisher. “However, Facebook is seeing strong growth thanks to investments in video and a stellar performance from Instagram.”
More like this
eMarketer and IAB Singapore release new forecast for digital ad spending in Southeast Asia, Hong Kong and Taiwan