Mobile Ad spend to rise globally by 62% this year - eMarketer survey

As per a latest survey by eMarketer, Mobile online advertising spending is expected to jump 62% worldwide in 2012, with the United States overtaking Japan as the top market. Mobile advertising spend will reach $6.43 billion in 2012, driven by 97% growth in the United States, which will account for some $2.3 billion of the total. 

The positive outlook was also normalized by company statement saying, "Mobile advertising accounted for less than one percent of total ad spending worldwide last year -- and it will be a long time before it challenges other mainstay global advertising channels like TV, print and Internet ads." They added "Mobile is an exciting, fast-growing category, but it's still a very small piece of the overall ad pie".

Currently, as per the survey, Asia-Pacific was the largest region for mobile ad spending, with $2.56 billion, ahead of North America at $2.4 billion and Western Europe's $1.3 billion. But the Asia Pacific growth is mainly due to the Japan story; Japan had been the largest market for mobile ads until now.

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