Spending on mobile internet advertising in the US will top all other countries in the world for the first time this year, helping drive mobile ad spending worldwide to $6.43 billion in 2012, show figures released by eMarketer.
Until this year, Japan was the world’s largest market for mobile advertising, with spending reaching $1.36 billion in 2011, up from $1.01 billion in 2010. The mobile advertising market in Asia-Pacific still remains far bigger than in Europe.
Mobile advertising, though just 2.3% of total ad spending in the UK, is expected to take a record share by 2016, reaching 11% of total ad spending.
Forecasts also show China is set to become the world’s second-largest advertising market in 2013, and the second-largest digital advertising market the following year, behind the US.
Digital advertising, as expected, will take a record 20% share of total ad spending this year worldwide. eMarketer goes on to estimate online ad spend worldwide will reach $107.33 billion in 2012, up from $88.47 billion last year.