Companies are noting significant growth when it comes to investing in mobile ads. They feel it has the potential for massive growth in the present and the future. With so many smart phones hitting the market, there are a lot of potential customers who are ready to accept and read through numerous mobile ads. The potential is endless and a lot of companies are buying into the concept to start making a positive change in their bottom line.
Despite the phenomenal growth of global mobile advertising, it still forms only a small part of total internet advertising, a market which, in 2013, was estimated to be worth nearly $500 billion. However, the total growth, tracking at approximately 3% per year, is being significantly outpaced by mobile advertising.
Global Revenue Broken Down By Region, North America - $8,100 million (41.9%), Asia-Pacific - $7.525 million (38.9%), Europe - $3.346 million (17.3%), Middle East and Africa - $225 million (1.2%),Latin America $144 million (0.7%)
Mobile ads are slowly becoming a very popular advertising method because of the conversion numbers that are coming through. Companies believe these ads have the potential for constant growth which is desirable for any business in the modern age.
This desire to pursue mobile ads is not limited to a few countries, it has become widespread around the world. The growth is being recorded as being at minimum 3% ahead of what was taking place last year. This is demonstrate the upward trend of the market and how mobile ads are featuring into marketing plans around the world.
Mobile ad revenues according to the Interactive Advertising Bureau have doubled over the past year which is significant growth. This demonstrates the potential for mobile ads to become the core part of most companies' marketing plans. There is still room for more development as time goes on. While, this growth has been tremendous, it is important to note the growth is just a little toddler at the moment. In the grand scheme of things, most marketing budgets are still pouring funds into other sections including the Internet and offline marketing.
Despite the phenomenal growth of global mobile advertising, it still forms only a small part of total internet advertising, a market which, in 2013, was estimated to be worth nearly $500 billion. However, the total growth, tracking at approximately 3% per year, is being significantly outpaced by mobile advertising.
Global Revenue Broken Down By Region, North America - $8,100 million (41.9%), Asia-Pacific - $7.525 million (38.9%), Europe - $3.346 million (17.3%), Middle East and Africa - $225 million (1.2%),Latin America $144 million (0.7%)
Mobile ads are slowly becoming a very popular advertising method because of the conversion numbers that are coming through. Companies believe these ads have the potential for constant growth which is desirable for any business in the modern age.
This desire to pursue mobile ads is not limited to a few countries, it has become widespread around the world. The growth is being recorded as being at minimum 3% ahead of what was taking place last year. This is demonstrate the upward trend of the market and how mobile ads are featuring into marketing plans around the world.
Mobile ad revenues according to the Interactive Advertising Bureau have doubled over the past year which is significant growth. This demonstrates the potential for mobile ads to become the core part of most companies' marketing plans. There is still room for more development as time goes on. While, this growth has been tremendous, it is important to note the growth is just a little toddler at the moment. In the grand scheme of things, most marketing budgets are still pouring funds into other sections including the Internet and offline marketing.
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