Sign up for afaqs! Newsletters
FMCG, e-commerce segments to fuel this growth, predicts the report.
Carat has released its annual report on global ad spends, for the year 2016-17. In 2016, over 25 per cent of the total advertising spend will be on digital media, predicts Carat in this report.
Meanwhile, in India, TV ad revenue to grow by +12.3 per cent in 2016, predicts Carat; FMCG, e-commerce segments to fuel this growth.
To see the group's detailed projections, see the presentation given below: