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Advertisers to spend almost $1.23 billion on mobile campaigns this year

October 6, 2011 by Dusan Belic - Leave a Comment

Advertisers to spend almost $1.23 billion on mobile campaigns this year
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According to a new report published by eMarketer, advertisers will spend close to $1.23 billion on mobile campaigns in 2011, up from $743 million last year. What’s more, the amount companies spend to reach consumers on the go is expected to hit $4.4 billion per year by 2015. Needless to say, we have increased smartphone adoption and surging mobile web access to thank for this phenomenal growth.

Messaging-based ads will remain the most used tool for mobile ad campaigns, representing 36.1% ($442.6 million) of all the spending this year. Starting from 2012, banners and rich media ads will pull even with search, with each accounting for 33% percent of spending (or $594.8 million), while messaging will slip to 28.2%. By 2015, search will lead with 40.2% of mobile ad spending, followed by banners/rich media (36.4%), messaging (14.4%) and video (9%).

Mobile video ads are the fastest-growing segment which is understandable considering it comes from the smallest base. This year, such ads will account for 4.7% of mobile ad spending or $57.6 million…

[Via: FierceMobileContent]

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