But mobile advertising is a new and growing business, so most observers think the market eventually will grow to a size that is truly significant for mobile service providers.
Of current revenue, Europe represents 25.9 percent; North America 31.4 percent; Latin America 3.5 percent; Asia-Pacific 35.9 percent; Middle East and Africa 3.2 percent, according to the Interactive Advertising Bureau.
Obviously, mobile service providers in Europe, North America and parts of Asia are likely to reach a "critical mass" of revenue sooner than other regions.
2011: Mobile ad spend in $million
Display | Search | Messaging | Total | |
Europe | 367 | 900 | 114 | 1,380 |
North America | 572 | 811 | 295 | 1,677 |
Latin America | 31 | 74 | 83 | 188 |
Asia-Pacific | 491 | 1,384 | 41 | 1,916 |
Middle East & Africa | 44 | 124 | 4 | 172 |
Global | 1,504 | 3,292 | 536 | 5,333 |
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