Revenue share of product innovations in the advertising industry in Germany 2008-2021
The term market innovation refers to products, that were newly introduced by companies. Imitated innovations are products that had already been offered by other companies by the time they were introduced to the market. In 2021, market innovations had a revenue share of roughly 0.2 percent whereas imitated innovations had a share of around 9.1 percent. According to the source, the definition of innovations was changed in 2018 and is thus, not comparable to prior years.