(1888PressRelease)
July 02, 2008 - Pricewaterhouse Coopers, the world's largest professional services firm, has released an analytical report of the media industry in the years to come. According to the report, the global media market rose by 5.2% in 2007 and is expected to grow at 6.6% CAGR(compound annual growth rate) reaching 2.2 trillion US dollars by 2012.
According to the report, the Canadian media market will have the lions' share in this global growth as it will expand at 5.8 % CAGR to reach 54 billion dollars in 2012 from 41 billion dollars in 2007. Statistics suggest that revenue is still flowing from the traditional means of advertisements but the growth for internet advertising is sky rocketing whereas growth of other mediums are depreciating year by year.
It is true that other mediums of marketing cannot be ignored as traditional players still get attracted by those means, but the call of the present day signifies a bent towards the internet and the weight will soon get shifted in its favour.
Internet advertising is the medium which is catching the attention of marketers from around the world. It is gaining an edge over other mediums as it promises sure shot sales unlike other ambiguous methods. Ms Meenakshi Wali, Co-Founder and Business Development Head of Rupiz Media, stated “The internet has a lot of untapped potential for almost all the industries on the chart. It has dug out gold for the industries that dared to accept the change.”
Rupiz Media is a flagship brand of global internet conglomerate Rupiz Infotech, and has etched a niche for itself in the global internet networking arena. It offers an arsenal of facilities to its clients who enjoy guaranteed RoIs on most of the packages. Rupiz Media is expected to change the destiny of various industries with the growing popularity of the internet marketing industry in Canada as well as the global stage.
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