Mobile advertising to more than triple by 2017

A recent report by Strategy Analytics has predicted that by 2017, advertising spending on mobile media will reach up to $200 billion.

A recent report by Strategy Analytics has predicted that by 2017, advertising spending on mobile media will reach up to $200 billion.The report, entitled ‘Global Mobile Media Forecast‘, explains how mobile media spend grew almost 18% in 2012 to reach $161 billion.

The growing demand for services and applications to enhance global consumer and advertising spending across mobile media is being explained as the main reason, as brands increasingly become mobile-ready to draw in more consumers.

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