Digital Advertising set to touch Rs. 4,391 crores: IAMAI
Tue, 10 Apr 2012 - IAMAI
New Delhi, April 10, 2012: Digital Advertising is expected to reach INR 4,391 crores by March 2013. It is expected to reach INR 3,535 crores by the end of this calendar year. Currently, (March’12), the market is pegged at INR 2,851 crores. These are the major findings of the annual Digital advertising report jointly published by the Internet and Mobile Association of India (IAMAI) and IMRB.
The relative share of the major segments is explained in the following chart.
According to publicly available sources, the total size of offline advertising market including Print, TV, OOH, Radio, Cinema is INR 26,501 crores in the year 2012. Compared to this, the digital market at INR 2851 crores is almost 11% of the conventional medium.
On an average, the digital ad spends have been growing at 25% year-on-year basis. This is reflected in the following chart.
Travel and BFSI continued to be the main spenders as far as Display Ads are concerned. The Display Ad spend by Automotive companies has appreciably increased. Its overall share has risen from 9% in FY2010 to 13% in FY2011 to 14% in FY2012 as reflected in Figure 3.
The Internet and Mobile Association of India [IAMAI] is a young and vibrant association with ambitions of representing the entire gamut of digital businesses in India. It was established in 2004 by the leading online publishers, but in the last eight years has come to effectively address the challenges facing the digital and online industry including mobile content and services, online publishing, mobile advertising, online advertising, ecommerce and mobile & digital payments among others.
Eight years after its establishment, the association is still the only professional industry body representing the online and mobile VAS industry in India.
The association is registered under the Societies Act and is a recognised charity in Maharashtra. With a membership of 120 odd Indian and MNC companies, offices in Delhi and Mumbai, the association is well placed to work towards charting a growth path for the digital industry in India.