Internet advertising revenue has officially passed the US$100 billion mark growing by about 386 per cent in about a decade, according to a newly released report from IAB and PwC.
Well-over half of advertising revenue went towards mobile. Nearly a decade ago, advertisers were not using mobile as an advertising medium at all. As consumers moved to online mobile devices, advertisers followed. With the popularity of smartphones, advertisers began realising mobile’s advertising potential. Nine years later, the medium takes up over half of internet advertising dollars.
Mobile revenues hold great potential as single-click ecommerce, creative ad formats and placements on social media sites develop further. Some analysts worry that digital ad dollars will catch up with consumer attention, and growth in this field will slow. Analysts commenting on the report were confident that the industry will further evolve to expand the digital ecosystem.
Download the chart here.
Chart by Statista
More like this
View and download the speaker presentations from the FIPP World Media Congress, 12-14 November 2019, Las Vegas.26th Nov 2019 Insight News
FIPP’s first Media Intel Report, a glossy bookazine containing some of the highlights of the research, white papers and ‘how to’ reports produced by FIPP during 2019, appears this week - in time for FIPP’s World Media Congress in Las Vegas.13th Nov 2019 Insight News
Technology companies up the stakes as paid digital subscriptions near 20 million globally.13th Nov 2019 Insight News
The annual FIPP Insight Awards, supported by UPM, The Biofore Company, recognise the best research and insight initiatives from magazine media from all over the world.11th Nov 2019 Insight News
The bedrock for building pillars to new revenue opportunities remains good content, Jonathan Wright, Global Managing Director at Dow Jones in Hong Kong told delegates on the first day of the 42nd FIPP World Media Congress in Las Vegas.2nd Dec 2019 Features
Visit our Youtube channelFIND OUT MORE
FIPP newsletters allow you to keep up with industry trends, research, training and events across the worldFIND OUT MORE
What’s happening now, what’s coming next