Tuesday, April 7, 2015

MOBILE MARKETING NEWS


Social network ad spend growth will slow in 2015: report

In 2015, the global ad spend on social networks is expected to increase 29 percent and reach $19.8 billion, down from a 41 percent growth rate in 2014, according to a new report from Strategy Analytics.

The United States leads with the largest share of global social network ad spend at 41 percent for a total of $6.2 billion, which is a 35 percent increase year-over-year. U.S. marketers also spent the most social network user in 2014 at $31.37, a number that is expected to grow 27 percent in 2015 for a total of $39.84

“Mobile social network space has definitely grown in the last couple of years and it is where most of advertising dollars has been spent within social network space and where it will continue to occur,” said Leika Kawasaki, author of the report and an analyst at Strategy Analytics.

“For example, when looking at Facebook’s mobile advertising revenues, in 2014 majority 63 percent, or $7.2 billion, of Facebook ad revenues came from mobile, while in 2011 mobile ad revenue was zero,” she said. “Since the launch of Facebook mobile ad strategy in 2012, it has gradually grown.

“Facebook mobile ad revenue has grown from accounting for 11 percent of total ad revenue in 2012 to 45 percent in 2013 to 63 percent in 2014.

“This shows us a trend that will continue as users continue to spend more time on mobile devices than desktops.”


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