Australia: world’s 8th largest ad market

Australia is expected to hold its rank as the world’s eighth largest advertising market by 2013, although its position is under threat from Canada and fast-growing Russia.The report was released by Zenith Optimedia today.

Globally, ad spend is forecast to increase by 3.6% in 2011 after a slight slowdown towards the end of the year. Global growth of 5.3% is expected in 2012, ‘assuming the world economy does not deteriorate dramatically’.

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