How UK advertising is changing

The UK market is the first in the world where £1 in every £2 of advertising spend goes to digital (online, tablet, and--significantly--mobile). In part, this is due to the unique ad-free nature of so much of the UK broadcast media (think BBC).

The full chart, from eMarketer, shows that below the 50% mark for the UK, digital in Norway is 45% of total ad spend, followed by China, with nearly 44% of total ad spend. For comparison, digital is only 31% of ad spend in the US--and a mere 28% in South Korea.

Worldwide, mobile advertising is expected to reach £100 billion by the end of next year, accounting for 51% of all digital ad spend. UK TV advertising continues strong, but print ads are not as strong.

Overall UK advertising spend is also increasing, exhibiting the fastest increase in four years. According to the Advertising Association/Warc Expenditures report, UK advertising spend reached £18,553 billion in 2014, with more than 5% growth projected in 2015 and 2016.

At the same time, UK marketers are choosing to work on some ad projects in-house, which will lead to higher consolidation among ad agencies and fewer agencies overall.

What will ongoing technological advances and changes in consumer behaviour mean for advertising in two years or five years in the future?