Digital Ad Revenue Hit $60B, Mobile Up 66% In 2015

U.S. digital ad revenue reached $60 billion last year, according to the 2015 Internet Advertising Revenue Report, released by the Interactive Advertising Bureau (and prepared by PricewaterhouseCoopers) on Thursday.

Mobile particularly saw a big boost, growing 66%, from $13 billion in 2014 to $21 billion in 2015.

Nearly half of mobile revenue total ($11 billion) comes from display-related mobile formats such as video, the IAB stated. Mobile likely gets its spend from other media, digital media and through experimental budgets, per the report.

Non-mobile digital video reached $4 billion last year, up 30% over 2014; social ads reached $11 billion last year, up 55% over 2014; and non-mobile search reached $21 billion, up 8% from 2014.

Who spends the most in digital advertising? Retail advertisers still top the list, responsible for 22% of spend. Auto and financial services each account for 13% of 2015 revenue.

And don't discount eSports--organized video game competitions--as a valuable source of revenue in the future. Matt Hobbs, partner at PwC, said during an IAB webinar that wearables and eSports will both offer opportunities for future ad revenue, with the eSports economy expected to hit $463 million in revenue for 2016, up 43% over 2015.

The data from the report is supplied by digital ad sellers. The IAB's Internet ad revenue report from Q4 and full-year 2014 found online ad spending grew by 16% year-over-year in 2014, from $43 billion to almost $50 billion.

Next story loading loading..