BIA/Kelsey projects "deal-a-day offers" will grow from $873 million in 2010 to $3.9 billion in 2015, representing a 35.1 percent compound annual growth rate.
But the firm also says the "deal a day" market could grow to as much as $6.1 billion by 2015 (47.4 percent CAGR), while a very conservative outlook pegs the space at $2.1 billion (19.7 percent CAGR). read more here.
Of course, right now the industry itself has not reached consensus on what the new industry should be called, or which other existing markets it is part of. Group discount offers might be considered part of the local advertising business, the e-commerce business, mobile or online advertising or location based services, for example.
Friday, March 4, 2011
"Deal A Day" a $4 Billion Market in 2015?
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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