Mobile advertising spend is projected to reach $2.5 billion by 2014, according to Informa Telecoms.
That still is but a fraction of online advertising, though. Analysts at Deutsche Bank say they are "highly optimistic" on the prospects for mobile advertising in 2011, and expect it to become a billion dollar segment (up from $400 million to $500 million in 2010).
Of course, that is a relatively small amount, compared to the U.S. online advertising market, which will represent $28.5 billion in 2011 spending.
Revenue growth in 2010 was 14 percent, with a likely increase of 11 percent in 2011.
Also, online advertising in total will represent only about 12 percent of total U.S. ad spending.
Saturday, October 8, 2011
Mobile Ads $2.5 Billion in 2014
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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