Digital ad spend jumped 11.6% last year, claims IAB and PWC
The Australian online advertising market passed $8.8bn expenditure in calendar year 2018, an increase of 11.6% on the previous year, says IAB Australia’s Online Advertising Expenditure Report.
Published by PwC, the report found mobile advertising was the online ad sector’s main driver, with 39% growth on the previous year.
Mobile now makes up 63% of general display advertising, which itself represents $3.3bn of overall online ad spend.
