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Bleak prospects for German advertisers

According to a current forecast by the Dentsu Aegis Network (DAN), the German advertising market will stagnate. The analysts' last report from June assumed 2.6 percent growth for 2019 and 2020 - now it is only 0.5 percent. In fact, only advertising spending in digital media will actually grow in the next two years. A small plus also goes to the radio stations. In contrast, newspapers and magazines are facing a significant decline in advertising revenue. While the German market is in crisis, advertising expenditure is growing globally, sometimes even strongly, as the graphic shows.

According to a recent forecast by the Dentsu Aegis Network (DAN), the German advertising market will stagnate. The analysts' last report in June had assumed growth of 2.6 percent for 2019 and 2020 – now it is only 0.5 percent. In fact, however, in the next two years only advertising expenditure in digital media will actually grow. In addition, a small plus is landing in the radio stations. On the other hand, newspapers and magazines are facing a sharp decline in advertising revenues. While the German market is in crisis, advertising expenditure is growing, globally speaking, and in some cases even strongly, as the chart shows.

You can find more infographics at Statista

 

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