Emerce (in Dutch) reports the online advertising market has grown by 62 percent in the third quarter (with respect to the same period of 2003). According to IAB NL and BBC De Media en Reclamebank which examined datas provided by thirteen companies in the advertising industry (Msn, Lycos, Adformatie, Funda, Wanadoo etc…) there has been a total spending of 14.7 million euros. The amount is slightly lower than the one invested in the second quarter (15.6 million euros) but confirms the extremely positive trend of the Dutch market in 2004.
Kevin Ryan, CEO of Doubleclick believes Internet advertising will keep on growing as marketers decide to invest more money online to match consumers habits. As stated on Reuters (via Yahoo!) Ryan expects a double-digit revenue growth for DoubleClick in 2005, but is really interesting is that he expects online advertising to begin to take market share from television this year as marketers refocus their advertising dollars to reach the 18- to 35-year-old male audience, which is spending less time with TV and print media.
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