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Published Date: 2016/03/31

Dentsu Inc. overseas subsidiary, CARA, has conducted its periodic revision of global advertising expenditure growth rate forecasts.

Carat, Dentsu Inc.'s overseas media communications agency, forecasts global advertising expenditure growth rates twice a year (March and September) based on data collected from 59 regions worldwide. This revision includes the actual advertising expenditure growth rate for 2015 (as predicted in September 2015), a revised growth rate forecast for 2016, and a new growth rate forecast for 2017.

■Key Points

Global advertising market growth in 2015: 3.9%year-on-year increase (actual)

The global advertising market in 2016grew4.5% year-on-year (4.7% growthin the September 2015 forecast) to$538 billion.For 2017

is alsoprojected to grow by 4.5%

●Japan's advertising marketis projected to grow1.8%in 2016(1.6%in the previous forecast) and1.1%in 2017

●The digital shift accelerated further, with digital advertising expenditure's share of the global advertising marketreaching

27.0% (26.5% in 2016) and29.3% in 2017

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