Negative development for the Nordics in 2013
The Nordic research institute IRM has just presented the report ”The Nordic Advertising Market 2013”. Media investment in the Nordic region amounted to 9.6 billion Euros last year, a decline of 2.7 percent compared to 2012.
Norway was the only country with positive growth during 2013 relative to 2012, the growth amounted to 1,3 percent in local currency. All other markets showed a decline in investments and the Finnish market showed the largest decline.
The Swedish advertising and media market is the largest market in terms of annual turnover. The Norwegian market is the second largest market, followed by Denmark, and lastly Finland. Norway has the highest ad spend per capita ratio followed by Sweden, Denmark and Finland.
The three major media categories are internet, newspapers and TV. With a share of 28.0 percent of the total Nordic ad spend in 2013, Internet advertising is now the largest advertising category in the Nordic region. Newspaper advertising is the second largest category at 27.5 percent of the Nordic market. TV advertising is the third largest category with a market share of 18.2 percent.
The report is in English and contains information regarding advertising investment in Sweden, Norway, Finland and Denmark. Figures in Euro and local currencies. Covers the following media categories: newspapers, magazines, print directories, direct mail, outdoor, TV, radio, cinema and internet. 34 pages, 5 900 NOK excluding VAT.