The global advertising market may expand this year

Another prediction was published on the global advertising market. According to the projection of the Magna Global, this segment may grow by 3 percent this year, however a 6 percent growth is expected for next year. The United States remains the largest advertising market, but its share has decreased, while the share of Latin America and the Asian / Oceanian regions will grow.

Magna Global predicts that this year, 486 billion US dollars are spent worldwide for advertising. It is a 3 percent increase, compared to last year. Next year the global advertising market is projected to be accelerated. The global advertising market is projected to expand by 6 percent and advertising spendings can reach 515 billion US dollars. (mmonline.hu)