Spending on mobile ads to grow at 45% by 2016

Ad spending is growing and tablets are now expected to increase at a CAGR of 30% by 2020.

Mobile ads will grow at 44.67% by 2016 and online ads at 11.54% by 2016.

Mobile ads are seen as part of overall online advertising although it’s now way ahead of the league with more than 7 billion mobile subscriptions worldwide generating $17 billion in annual revenue.

Smartphone had a record shipment of 230 million in July and tablet sales experienced a 400% growth in emerging markets like India. This increased demand for these devices in the emerging markets is expected to boost mobile ad revenues massively.

As per research done by tablet shipments will reach 600 million per year by 2020 and the advertising market will reach $57 billion in the same year.

The result of all this is mobile ads becoming indispensable for advertisers and developers to push products and services through popular platforms.

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