Tuesday, June 16, 2009

Smartphones, Data Plans, New Apps to Drive Mobile Advertising Revenues to $1.5 Billion in 2013

Revenues for mobile advertising in the U.S. and Canada will grow from $208 million in 2009 to approximately $1.5 billion by 2013, according to the new Parks Associates report Mobile Advertising: Analysis and Forecasts. Adoption of smartphones, 3G network data plans (or newer wireless services), and downloadable applications will spur this growth in ad revenues, with significant increases beginning in 2010.

Parks Associates estimates there were 62 million smartphone users in North America in 2008, with user penetration to reach 239 million in 2013. Parks Associates projects U.S. 3G network data plans will reach 95% penetration by 2013, with Canada achieving 70% penetration.

From the article, "Smartphones, Data Plans, New Apps to Drive Mobile Advertising Revenues to $1.5 Billion in 2013"

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