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January 05, 2010

Mobile Advertising to Grow 45% in 2010 to $3.8B (SMS Advertising To Dominate)

JP Morgan is out with their 2010 Internet Industry Outlook. If they're right, the mobile world is set to keep on growing:

JP Morgan’s leading industry analyst Imran Kahn released the 328-page Interest Industry outlook which notes that total U.S. mobile advertising for 2009 is estimated at $2.6 billion, up 62 percent, with $2.3 billion of that from text messaging. Just 178 million was mobile search, and $140 million was display. Both of these were up 80 percent last year.

Turn to 2010, and mobile advertising is, according to Kahn, forecast to grow 45 percent to $3.8 billion ($3.2 billion SMS advertising, $253 million mobile display, and $31 million mobile search.)

Read more:
Mobile Marketing Watch
OnlineMediaDaily

Posted at 03:17:31 PM in Advertising, Marketing, Mobile Forecasts, Mobile Web, SMS News

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