While that’s a moderate 2.4% gain over Q2 2011, it’s still good news. According to Nielsen’s quarterly Global AdView Pulse report, emerging markets saw the most significant increases. The Middle East and Africa grew 19.6% compared to Q2 2011, and Latin America saw advertisers increase their spend 4.9%.
Ad spend is on a general upswing, with Europe remaining as the only region to see year-over-year declines. Despite growth in the United Kingdom, Turkey and Norway, conservative spending in markets such as Greece, The Netherlands and Portugal led to a downward shift of 3.8 percent.
Overall, regional inconsistency was a theme, with some countries noting large increases and others down year-over-year. In Asia-Pacific, for example, moderate overall growth (+2.9%) resulted from significant increases in countries, including the Philippines, Indonesia and Hong Kong, being offset by declines in markets like South Korea and Australia. In North America, the U.S. grew 2.4 percent while Canada declined two percent. Ad spend in Latin America was also up (4.9%) despite decreased spending in Mexico.
Other key takeaways:
• June saw the most growth of the quarter, at 3.1 percent.
• Total global ad spend for the first half of 2012 was $266 billion USD.