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Reviewing growth in OOH
For the period of March 2011 to February 2012, the OOH sector enjoyed a share of market of 4.39%. This increased to 4.65% for the corresponding period of March 2012 to February 2013. Surprisingly, the internet sector showed a decrease during this period, as did print. Both radio and television increased their respective S0M by good margins.
Categories
A closer look at the various categories within the OOH sector indicates massive growth in the Electronic/Digital category (992%) and the Commuter Promotion category (135%). The Retail Street Furniture category also performed well (46%) as did Walls & Murals (50%).
The categories in OOH that underperformed are Airports (-26%), Premises Signage (-86%), Stadia Promotions (-76%) and Transit Media (-17%).
Overall performance for the sector is a very satisfying 11.81% for the period of March 2012 to February 2013 vs. the previous year.
February 2013's advertising revenue for the OOH sector is indicative of a static market with no growth over February 2012. The year-on-year difference is -0.06%. Within the categories both Electronic/Digital (+785%) and Airports (+395%) were the darlings of marketers looking for exciting new opportunities to support their brands.