Gartner expects US $18 billion mobile ad market, driven by video and maps

What: IT research firm Gartner said it expects global mobile advertising spending to reach US $18 billion this year
Why it matters: Mobile ad spending will drive growth mostly through video and ad types like search and maps.

In a new report on the mobile ad market analyst Gartner expects global mobile advertising spending to reach US $18 billion this year. By 2017 it’s projecting the market will have sized up to be worth US $41.9 billion. The estimated global mobile ad spending for the 2013 was $13.1 billion.

QuieromasFutbol - Mobile SiteIn terms of mobile ad types, video will show the highest growth — with the category being driven by tablets and growth in tablet ownership — but display formats are still expected to make up  most of the revenue.

Gartner also expects that  display category will shift to mobile web display after several years of higher growth in in-app display.  Although it added that this shift is taking longer than expected, owing to the use of HTML5 tools in mobile website development “taking longer to impact the market”.

Other mobile ad types

Other mobile ad types are expected to grow like search/map ad types,  which Gartner expects to benefit from increased use of location data gathered from mobile users. It also  expects that more local advertisers get involved in these mobile ad types.

Map ads are expected to grow due to the increased use of location data gathered from mobile users opting in to location services or proactively checking in to the places they visit via of apps such as Foursquare and Pinterest.

Latin America

In Latin America mobile advertising will grow most in large markets such as Brazil and Mexico with growth rates that will exceed the worldwide average, as smartphone adoption continues to grow.

Join us at the HISPANIC SPORTS MARKETING FORUM.. The first day of #Portada16 (Sept. 14, 2016 in NYC) will be all about Sports Marketing and insights and best practices on how best to use sports content to connect with the exploding Hispanic demographic!


Editorial Staff (@portada_online)

Portada is the leading source of news and analysis on the Latin Marketing and Media space. Credibility is our biggest asset: The Portada team is very passionate about producing high-quality independent content that helps drive forward the Latin Marketing and Media space.
El equipo editorial de Portada se apasiona por elaborar contenidos de alta calidad. La credibilidad es nuestro mayor activo. La misión de Portada es ayudar a profesionales de negocios y medios a comprender y alcanzar a consumidores latinoamericanos, del mercado hispano de EE UU y España.

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