Wednesday, August 20, 2014

Mobile Search Revs for Google in 2013 estimated to worth $8 Billion


Well-known Digital Marketing Agency, According to the trade association, worldwide mobile ad 
revenues were $19.3 billion, representing 92 percent growth over 2013. If mobile ad revenue grows again by an equivalent amount it will reach nearly $38 billion by the end of 2014, globally.

StatCounter says Google dominates mobile search with a 92 percent global share.  Google’s share is 85 percent in North America; likewise, Google captures about 85 percent of all paid search ad revenue worldwide.

The value of the global mobile search market was roughly $9.4 billion at the end of 2013. Assuming that Google captures a “conservative” 85 percent of that spend, Google’s share of global mobile paid-search revenue would have been about $8 billion last year.

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