Online Advertising to Grow at 9% until 2014

A study by eMarketer predicts that online ad spending in Latin America will grow between 6% and 9% annually between 2010 and 2014.

Monday, November 22, 2010

According to the study, Latin America was the region which showed more strength against the recession, registering an online advertising growth of 13.3% in 2009 reaching $ 1,700 million. According to eMarketer, this trend will continue and reach $ 4,000 million in 2014.

As a percentage of the total ad spending, online ads are expected to reach 11% in 2014 from 7.1% in 2010.

The article notes that consumers in the region are increasing their use of mobile phones, Internet and paid television, while print media has suffered the biggest drop in audience, registering double-digit percentage declines from readers in most markets.

More on this topic

The Advertising Market in Nicaragua

October 2013

Of all the advertising spending in mass media in the region, Nicaragua's share is 8%.

Guatemala's is 28%, Costa Rica's 22% and Honduras' is 16%.

Despite this reduced participation, the Nicaraguan media market has grown by 15% over the last two years, said Cesar Espinosa, CEO of Cem Communications and president of the Nicaraguan Organization of Advertising Agencies (ONAP), during an interview with Humberto Galo for Laprensa.com.ni.

Guatemalan Advertising Market

July 2013

Annual expenses have superseded $900 million a year: 70% on television, 15% in print media, 2% on radio, and the rest on other media including the internet.

According to Rodrigo Gordon, president of the Association of Advertisers in Guatemala (AAG), "such good investment in marketing and advertising is related to a country's economic growth.

Guatemala: World Cup Increases Advertising Spending by 15%

May 2010

Companies are using the FIFA World Cup to position their brands, increasing advertising spending by 15%.

Estuardo Aguilar, director of the Guatemalan Union of Advertising Agencies, remarked that such increase could reach 20%, as “the World Cup is a good opportunity for companies to communicate and expose their brands, because more than a sporting event, it becomes a spectacle”.

Panama: Advertising Investment Up 23%

July 2009

From January to May, $148.1 million were spent in advertising, 23.1% more than the same period of 2008.

The sectors with most growth were Television ads, 26%, and print ads, 18.8%, according to data from the General Comptroller of the Republic.

"Outdoor advertising reported a 37.9% growth, with an expenditure of $8.331.000 in the first five months of the year", published Panamá América in its website.

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