Mobile adspend to triple by 2016
VALUE ADDED SERVICES
By BiztechAfrica - Aug. 17, 2012, 9:57 a.m.Mobile advertising is finally hitting its stride, and global mobile advertising revenue will expand by three and a half times its present level by 2016. That's according to the new Yankee Group report "Mobile Advertising Forecast 2012: Marketing Steps Through the Looking-Glass," which finds high-growth markets such as Brazil, India and China driving the increase.
"Yankee Group identifies mobility as the primary catalyst for disruptive change, and advertising is a prime example," said Jason Armitage, Yankee Group principal analyst and author of the report. "Marketers approached this platform initially as an extension of online, but that approach is no longer sustainable for a platform topping 6 billion subscriptions. Mobile advertising has begun to deliver returns -- and those returns will flow to companies that draw on user data to design, personalize and deliver effective mobile advertising."
The report finds that mobile is moving up the list of priorities for marketers in high-growth markets. In 2016, mobile will drive revenues of USD6 billion in Brazil, India and China -- and become the dominant platform for digital marketing in selected countries.
It also says tablets generate six times the advertising revenues of the feature phones that dominated the market five years ago, and they are driving fast into the mass market. In 2016, over a quarter of smart mobile devices globally will be tablets.
The report notes that mobile advertising's weak point has been a lack of data on the user. Apps are helping to fill that gap and drive better-targeted ads. Among app downloaders, more than 22% of smartphone owners and 27% of tablet owners clicked on an in-app ad during the first three months of 2012.
MORE VALUE ADDED SERVICES NEWS
BBM coming to Android, iOS
Mobile content revenues to pass USD65bn in 2016
Mahindra Comviva expands Africa mobile music
SA’s Waytag shortlisted for BlackBerry Achievement Award
Full stream ahead for mobile music
M-PESA goes out to dinner
Google Maps voice navigation in 4 countries
EzeeMoney makes inroads in Uganda
Google maps navigation for iPhone, Android launched in Kenya
Tanzanian pregnancy text message service off to a good start
RELATED STORIES
FEATURED STORY
A Nairobi based group is equipping high school girls from Nairobi's slums with ICT skills to help them participate meaningfully in building the economy.
BEST READ NEWS
IN DEPTH
The Microsoft-led 4Afrika TV white spaces project, taking broadband to rural people for as little as a dollar a month, is now expanding in Kenya and launching in Tanzania.
