Consumers are being influenced by mobile usage. New studies have shown that brands are achieving greater and greater revenues from mobile advertising, across all territories. Mobile advertising can be a powerful way to raise awareness about brands and products, and all brands should take a close look at optimizing their mobile presences.
Global figures for mobile advertising revenue soared a massive 92 percent to $19.3 billion (€14.6 billion) in 2013, up from $10.1 billion (€7.6 billion) in 2012, according to new data from the U.S. IAB Mobile Marketing Center of Excellence, IAB Europe, and IHS Technology
Global Mobile Advertising Revenues in 2012/2013
To break down those figures in more detail, search remained the dominant segment representing 48.9 percent of the total global mobile advertising revenue in 2013 at $9.5 billion (€7.1 billion), while display had a 41.5 percent share at $8 billion (€6 billion), and messaging formed just a 9.6 percent share at $1.9 billion (€1.4 billion).
The share by region of the global figure of $19.3 million (€14.6 million) for 2013, showed that North America and the Asia-Pacific had the greatest share of revenues at 41.9 percent and 38.9 percent respectively, with Europe following closely behind, with 17.3 percent of global mobile advertising revenues.
Global Mobile Advertising Revenue Shares by Region
- North America: 41.9 percent ($8,100 million / €6,099 million)
- Asia-Pacific: 38.9 percent ($7,525 million / €5,666 million)
- Europe: 17.3 percent ($3,346 million / €2,519 million)
- Middle East & Africa: 1.2 percent ($225 million / €170 million)
- Latin America: 0.7 percent ($144 million / €109 million)
Latin America formed the smallest share at 0.7 percent, but significant also proved to be the fastest growing market, with revenues increasing 215 percent from 2012 figures.
Global Mobile Advertising Revenue Growth Rate From 2012 to 2013
- Latin America: 215 percent
- North America: 122 percent
- Europe: 90 percent
- Asia-Pacific: 69 percent
- Middle East and Africa: 45 percent
Daniel Knapp, IHS’s director of advertising research, and author of the report, gave his insights in what this data means for brands looking to reach consumers via the mobile channel today.
“Improvements in marketing technology have enhanced targeting and measurement of mobile advertising, while consolidation among market participants simplifies the process of reaching large audiences,” Knapp said. “The most technologically advanced markets, and those that have concentrated mobile advertising spend on fewer players, have grown above average in 2013… the pervasiveness of mobile consumption has sparked a change in the mindset of marketers. Increasingly, they come to realize mobile as a medium in its own right that rewards abandoning engrained desktop-based marketing principles with new creative, tactical and strategic opportunities.”
Brands & The Mobile Opportunity
One of the hot topics in SEO Now, Linkdex’s eBook on the evolution of SEO, was the unstoppable rise of mobile search. Increasingly, brands are recognizing that having a presence in mobile search and advertising will play a fundamental role in the future of their businesses.
“Increasingly, large brands will be working specifically on their mobile search visibility,” according to Dennis Goedegebuure, Airbnb’s head of global SEO. “Mobile is becoming so large that it will overtake desktop search fairly rapidly. Developing an understanding of changes in consumer behavior will be important to any brand; to survive or grow they’ll need to pay attention to mobile SEO.”
The latest update to the Linkdex platform now offers reporting and tracking on mobile rankings in any geolocation around the world. Connect with us by requesting a demonstration.
This article first appeared on the Linkdex blog.
Where does mobile fit into the consumer journey for your brand? Are brands doing enough to maximise the opportunites on mobile. Let us know your thoughts in the comments below.