Posted on: 22 Apr, 2024, 11:04 AM
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1/6/2024
Google continues to hold its top spot of being consumers' most preferred ad platform in Asia Pacific, according to Kantar. Most consumers view Google ads as relevant and helpful, as per Kantar Media Reactions 2023. Meanwhile, Google is APAC marketers' second-favourite platform while YouTube is the first in their list of preferences.
Source: PR Newswire
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1/6/2024
Speaking at WOO's second Asia Forum in Bali, World Out of Home Organization President Tom Goddard stated that Asia Pacific has the largest young population in the world, a GDP greater than that of either the US or Europe, and the most thriving Out-of-home business. Four of the largest OOH markets in the world can be found in APAC.
Source: World Out of Home Organization
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1/6/2024
Exciting news for advertisers: A deal permitting 1,600 taxis to carry advertisements has been signed by Saudi Arabia’s Transport General Authority. In addition to offering advertisers more choices, the contract aims to give taxi companies a new source of income. This is the Kingdom's first agreement of its kind.
Source: Arab News
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1/6/2024
China Continues to Lead the Asia Pacific region with 64-billion-dollar revenue
A study by research and consulting firm Media Partners Asia projects that over the next five years, Asia's video market will expand at an annual rate of 2.6%, reaching $165 billion by 2028. With a revenue of $64 billion in 2023, China continues to be the largest and most regulated video market in the Asia Pacific region.
Source: Variety
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1/6/2024
In 2024, small and medium businesses (SMBs) in India are poised to leverage streaming TV extensively to achieve their marketing objectives. Amazon Ads, the advertising service of e-commerce giant Amazon, has confirmed this trend in the global advertising industry. Simultaneously, a FICCI-EY report has forecast a remarkable journey for SMBs in India, projecting their digital ad spend to double in just five years by 100 percent, beginning from the year 2022.
Source: Campaign India
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