The outdoor media categories that drove double-digit growth in 2023

By AdNews | 8 March 2024
 

The Outdoor Media Association has unveiled the category breakdowns that saw a total increase of 12.23% on net media revenue for the out-of-home (OOH) industry in 2023.

Net media revenue for 2023 increased to $1.19 billion, up from $1.06 billion for 2022.

Digital Out of Home (DOOH) revenue accounts for 73.9% of total net media revenue year-to-date, an increase over the recorded 64.5% for the same period last year.

Recent SMI figures saw outdoor media rising 15.1% for the 2023 calendar year.

Category figures for 2023:

·       Roadside Billboards (over and under 25square metres)

·       Roadside Other (street furniture,bus/tram externals, small format)

·       Transport (including airports)

·       ^Retail, Lifestyle and Other

 

Category figures 2022:

·       Roadside Billboards (over and under 25square metres)

$507.8million

$271.3 million

 

$140.8million

$273.8million

 

 

$466.5million

$238.6million

 

$100.7million

$257.9million

·       Roadside Other (street furniture,bus/tram externals, small format)

·       Transport (including airports)

·       ^Retail, Lifestyle and Other

 

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