eMarketer Revises Mobile Ad Outlook, Now Poised To Reach $1.23 Billion

Spending on mobile advertising will top $1 billion mark in the U.S. for the first time this year, according to new estimates just released by eMarketer.

Advertisers will spend nearly $1.23 billion on mobile advertising this year in the U.S., up from $743 million last year, according to the new forecast.

?By 2015, the U.S. mobile advertising market is set to reach almost $4.4 billion," eMarketer says, noting, "This includes spending on display ads (such as banners, rich media and video), search and messaging-based advertising, and covers ads viewed on both mobile phones and tablets."

eMarketer previously forecast in September 2010 that U.S. mobile advertising spending would hit $1.1 billion in 2011, and reach $2.5 billion in 2014. This revision features significantly higher growth levels throughout the forecast period.

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