The report, which pegs the total media advertisement spending to grow to over USD 8.2 billion next year, said advertisers in India will spend more than USD 1.1 billion towards digital advertisement.
"This year, just 12.6 per cent of all advertisement spending will go towards digital. In 2017, digital ad spending in India will surpass USD 1 billion and will amount to 14.3 per cent of total outlays. By 2020, the figure will be 20.2 per cent," it added.
By 2020, total advertisement spending will hit USD 11.82 billion, it said.
Mobile advertising, which is an even tinier slice of the whole pie, will be at just 3.3 per cent of total media advertisement spending this year.
This translates to less than USD 250 million in advertisement spending.
"Mobile is also a relatively small share of digital ad spending, but that's changing quickly. This year, just over a quarter of digital ad spending will be mobile," it said.
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