Mobile ad spending races to catch up with subscription penetration
According to a November 2011 release from UK research and go-to-market agency FirstPartner, mobile ad spending in Italy will more than double in 2012 to €261.7 million ($363.5 million), up from €125.5 million ($174.3 million) in 2011. Total mobile ad spending is expected to hit €904.3 million ($1.26 billion) in 2015.
Search will continue to account for the bulk of mobile ad spending, but mobile internet display ads, including banners and video, will experience considerable growth throughout the forecast period.
eMarketer’s forecast, which excludes MMS and SMS ads, is far less bullish on mobile ad spending, pegging it at just over $108 million in 2012, but predicts a comparable compound annual growth rate of 53.1% from 2010 to 2015.
For more information, watch for a forthcoming eMarketer report on mobile ad spending in Western Europe.
Corporate subscribers have access to all eMarketer analyst reports, articles, data and more. Join the over 750 companies already benefiting from eMarketer’s approach. Learn more.
Check out today’s other articles, “Gen Y Speeds Up Luxury Goods Spending” and “Brand Marketers Cling to Direct-Response Habits Online.”